Market analysis of Bitcoin/Ether in the early hours of November 29

From the overall observation of daily movements, it always maintains a fluctuation pattern. Entering the night, the market experienced a rapid price spike, which caused the coin prices to immediately reverse downward. In the hourly candlestick chart, there is a long upper shadow above the candle, this typical technical pattern clearly indicates strong selling pressure above, which hampers the attack from the buyers, causing the coin prices to continue to decline.
The candlestick chart at the four-hour level shows a pattern of two bullish and one bearish candles alternating, and each time there is an increase, it always ends with a long upper wick, indicating that the bullish side, although attempting to push upward, always faces strong resistance from the bearish side. Currently, bearish strength dominates, having successfully covered the previous gains, and the short-term market sentiment is very bearish.
In the early morning operations setup, investors can rely on this key support level to make low-buy arrangements, in order to capture potential rebound opportunities.
Operation Suggestion
Bitcoin: Take a buy position around 89800 - 90400, price target aiming for 91500-92000.
Ethereum: Buy around 2990 - 3010, target set at 3085-3100#反弹币种推荐 #美国结束政府停摆 #比特币行情观察