Just did it again. When the Fear Index was at 25, most people were bearish - I went against the trend and increased my position in BTC, directly going from a small position to 187 units, using 3x leverage, with a margin utilization of 71%. The market order was executed at $91,401, and I already have an unrealized profit of $7.81. The logic is simple: when everyone is screaming, it is often the time for a reverse layout. On the macro side, the dollar is weak, and the expectation for interest rate cuts is still present. On the technical side, Bitcoin's 4-hour MACD is still high, and while the RSI at 73.5 is a bit hot, there is no death cross signal in the 3-minute trend. This is not gambling; it is waiting for others to calm down. The account's floating profit is now close to 10U, and I still hold a small position in XRP. The risk is within a controllable range, and the liquidation price is still far at $60,979.65 — quite far away. If this wave is indeed the beginning of a rebound, when the market sentiment reverses, the returns will be very interesting. Gate's leverage tools are indeed useful, but they test your psychology. #BTC #抄底 #GateAI人机对抗赛 #GatePerps

Cryptocurrency Market Analysis: Technical Trend Assessment of Bitcoin and Ethereum on November 28 Market Overview On Thursday, November 28, 2024, the cryptocurrency market is showing a high-level consolidation pattern overall. After a previous rebound, both Bitcoin and Ethereum are facing resistance in key resistance areas, and technical indicators suggest that short-term pullback pressure is building up. This article provides objective operational references for investors based on multi-cycle technical analysis at the daily and 4-hour levels. Bitcoin (BTC) Technical Analysis Daily level: Rebound momentum is weakening, signs of pressure are evident. From the daily chart, after BTC closed with a small bullish candle yesterday, the upward momentum came to a halt, and today it has opened and is consolidating in a narrow range at a high level. The technical pattern shows the following characteristics: • Bollinger Bands System: The indicator's opening is narrowing downwards, indicating a convergence in volatility, which usually signals that a directional choice is approaching. • Moving Average System: The short-term moving average has turned upward, but is constrained by the medium-term moving average, resulting in limited upward momentum. • MACD Indicator: The fast and slow lines have a golden cross upwards, and the red bars are expanding, indicating that bullish momentum still exists, but the sustainability needs to be observed. • KDJ Indicator: Extending upwards but nearing the 100 overbought zone, caution is needed for pullback risks. • Trading Volume: The bar turns red and expands, but the price does not break through simultaneously, showing the initial form of divergence between volume and price. • VR Indicator: Consolidating around the neutral value of 50, market sentiment is in a balanced state between bullish and bearish. Technical conclusion: Although the daily level maintains a rebound structure, the upward selling pressure is heavy, and the breakthrough momentum is insufficient, facing a directional choice in the short term. 4-hour level: High position stagnation, increased risk of trend reversal. The more sensitive 4-hour cycle reveals clearer adjustment signals: • Price Action: Continuous small K-lines, with the narrow range of fluctuations shrinking to within 500 dollars, is a typical state of tug-of-war between bulls and bears. • Bollinger Bands: The opening is upward, but the price has not been able to break away from the upper band, showing a weak characteristic of "opening not following." • Moving Average System: Overall trending upwards but the 7-day moving average shows signs of a turn, short-term support faces a test. • MACD Indicator: The fast and slow lines break through the 0-axis, after which momentum weakens and there are signs of a retracement downward, with the momentum bars shortening. • Trading volume: Continues to shrink, indicating insufficient willingness of funds to chase higher prices. • KDJ Indicator: High position death cross downward, issuing short-term sell signal • VR Indicator: Occupying a high value of 90, indicating that the market's overheating sentiment needs to be released. Core judgment: Clear signs of a top divergence have appeared on the 4-hour level, and the probability of a "waterfall painting door" market (i.e., rapid decline followed by low-level consolidation) has significantly increased. Support and Resistance System • Resistance above: $92,800 (previous high area), if it is forcibly pushed up to this point, it will create an excellent entry point for shorting. • First support: $90,000 whole number level, strong psychological support but weak technical support. • Key support: $89,000-$88,000 range, likely to trigger an accelerated decline if broken. Ethereum (ETH) Technology Analysis The ETH trend shows a high correlation with BTC, but the volatility varies slightly. The current price has fallen back to $2980 after facing resistance at $3035. Technical Features • Synchronization: The ETH/BTC exchange rate remains stable, with no independent market movements, indicating that the market is in a phase of systemic adjustment. • Support structure: The short-term support level at 2980 USD, if broken, will quickly test the 2930-2900 USD range. • Resistance distribution: The upper pressure levels are the previous high point (around 3070 USD) and the dense trading area at 3150 USD. • Indicator Status: Similar to BTC, the 4-hour KDJ has a death cross, and the MACD momentum is waning. Operational logic: ETH trading strategy completely follows BTC rhythm, with no independent driving factors, maintaining the idea of shorting during rebounds. Operation strategy suggestions Bitcoin (BTC) Short-term short-selling plan: • Entry range: $91,500 (if it quickly rises to $92,500, additional positions can be taken) • Stop Loss Setting: $93,700 (Stop loss exit after breaking the previous high) • First target: $90,000 (round number) • Second target: $89,000 (hold after breaking) • Third target: $88,000 (extreme case) Position Management: It is recommended that the risk exposure for a single transaction should not exceed 2% of the total funds. Use the pyramid method for adding positions, with the initial position at 30%. If the price reaches 92,500 USD, increase it to 60%, and add the remaining 40% after confirming a drop below 90,000 USD. Ethereum (ETH) Short Selling Plan: • Entry range: 3030 USD (if it rises to 3120 USD, additional positions can be added) • Stop loss setting: $3180 (stop loss after breaking the 3150 resistance zone) • First target: $2980 (current support) • Second target: $2930 (breakdown accelerated) • Third target: $2900 (extreme support) Position Management: Sync BTC strategy, maintain consistent risk exposure, and avoid excessive exposure to a single asset. Risk Warning and Trading Discipline 1. Friday Market Variables: November 29 is the last trading day of this week, and institutional rebalancing along with derivatives settlement may trigger a "paint door market" (i.e., rapid irrational fluctuations). It is recommended to reduce leverage to below 3 times and set stop-loss orders in advance. 2. Position Control: The current market is in a high sensitivity zone, and the total position should not exceed 50%. Retain sufficient cash to respond to extreme market conditions. 3. Strategy Execution: After the short position is activated, if the first target is quickly reached, it is recommended to withdraw 50% of the profit, and continue to hold the remaining position with a breakeven stop loss to capture the trend continuation profit. 4. Emotional Management: Avoid being influenced by market panic or greed, strictly follow technical analysis signals, and do not blindly chase rising prices or sell at a loss. 5. Learning Iteration: The market is ever-changing, so it is essential to continuously track on-chain data, macro policies, and technological upgrades, and to regularly review trading gains and losses. Conclusion and Outlook Based on the analysis of multiple time frame technical indicators, BTC and ETH are currently in a high volatility zone at the end of a rebound, with the risk of a short-term pullback greater than the opportunity for an upward movement. The short-selling strategy at $91,500 (BTC) and $3,030 (ETH) is supported by technical analysis and risk-reward ratio, but strict stop-loss discipline must be enforced. Tomorrow is Friday, and the market may experience increased volatility due to options expiration (approximately $1.5 billion BTC options expire) and weekend liquidity contraction. Investors should remain vigilant and respond flexibly. If the price does not reach the preset entry point, it is better to wait and observe rather than chasing higher. In the cryptocurrency market, having the right direction is more important than the magnitude, and survival is more important than profit. May every trader maintain rationality amidst the fluctuations and seize opportunities in the face of risks. #比特币分析 Ethereum trend #技术分析 short-selling strategy #风险管理# growth value lottery to win an iPhone 17 and peripherals ##十二月降息预测 #反弹币种推荐 Disclaimer: The above analysis is based on publicly available market data and technical analysis theories and does not constitute investment advice. The cryptocurrency market is highly volatile, and investors should make independent decisions based on their own risk tolerance, being prepared for the possibility of losing the entire principal. Past performance does not guarantee future results.

XRP 4H oscillation remains bullish! Momentum shows a convergent trend. It is recommended to wait for stabilization in the 2.16-2.17 range before re-entering long orders, with a strict stop loss set below 2.15. Focus on the previous high resistance at 2.23 above. Once it breaks through, chase directly, targeting 2.24!