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#数字货币市场回升 Weekend Market Watch: $BTC hold above 90000 can go long, $ETH aiming for 2990 get on board to rush to 3130



Let's first look at Bitcoin. This week has performed relatively solidly, with a 3.2% increase on the weekly chart, and the key point is that it has held above the 90000 mark. Although it surged to around 93000 on Friday and then pulled back, it quickly regained its position above 90000. This kind of pullback is actually a normal adjustment, which sets ample space for the upcoming trend.

The current thinking is very simple: as long as we hold above 90000, the bullish logic remains. The daily level has begun to strengthen, the short-term moving averages provide good support, and the volume has confirmed the previous breakout. Specific operations can be to place buy orders near 90000, with stop-loss set below 89000, and the first target is 91400, which happens to be the resistance area of the previous consolidation zone. Once it reaches that point, we can take some profit.

The situation with Ethereum is also worth paying attention to. It rebounded after hitting a low near 2990, and there's still some distance from the key support at 2900, and it has now reclaimed the 3000 level. On a technical level, MACD has shown a bullish crossover, and RSI has also climbed up from the oversold area, overall leaning towards a bullish pattern. As long as 2900 holds, there is an opportunity to chase the long.

You can get on board at the 2990 position, where recent low point support is relatively clear. The first target is set at 3050, which has been tested repeatedly before and is a reasonable short-term target. If successfully achieved, the second target will be 3130—this is both a previous high area and the 20-day moving average resistance level; once broken, it may open up greater possibilities.

Lastly, I would like to say that weekend market liquidity is generally not very good, and the market is likely to be flat, with not much chance of sharp fluctuations. In terms of operations, remember to set stop losses, control your positions, and there's no need to rush; just patiently wait for your target levels. The cryptocurrency market itself carries significant risks, so taking it steady is the way to go for the long haul. Wishing everyone a successful weekend trading!
BTC-5.95%
ETH-6.46%
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MidnightMEVeatervip
· 11-29 23:09
Good morning, the Bots paradise at two in the morning has started sandwich attacks again... 90000 is stable as it says, I really want to know who has eaten how much gas fee in the dark pool to exchange for this "calm".
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SerumSquirrelvip
· 11-29 23:04
If 90000 can't be held, then the long positions logic needs to be reevaluated.
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OffchainOraclevip
· 11-29 23:02
90000 should hold above, don't chase the price blindly, I'm still waiting for a pullback. --- For ETH, we still need to see if 2900 can hold, if it breaks, then we need to stop loss. --- Liquidity is poor on weekends, just right for a break, don't get trapped by bear traps. --- Bitcoin is in a bit of an awkward position, there's no trend feeling, not really wanting to operate. --- Give me a chance to double, not this kind of back-and-forth volatility, it's really annoying. --- Chase when MACD crosses, I've seen this trick too many times, it's easy to get hit. --- Taking it steady is the right thing to do, too many people get liquidated just because they chase profits, having a bit of patience isn't hard. --- I remember the 91400 position, it did get pressed down once before, can give it a try. --- ETH can't rise, and Bitcoin can't pull it up either, this weekend feels a bit quiet.
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