11.28 BTC ETH morning thoughts

In the blink of an eye, it's Friday again. Logically, everyone is looking forward to some "harvest market" at the end of the week. But unexpectedly, BTC's recent performance has shown us four words with its actions - it just can't go up.

In the short term, BTC has already challenged 92000 twice, and each time it was ruthlessly pushed back down. The resistance above is as hard as a steel plate; it showed no response even after two hits, which is a typical "hitting the south wall market". In contrast, the pullback is characterized by decreasing volume, sideways movement, and a lack of strength for a rebound—this is textbook level: exhaustion after a rally + bears ready to counterattack at any moment?

The rhythm is clearly laid out.

Looking again at the 1-hour MACD, it has given the most straightforward signal: the death cross has formed, the green bars are continuously expanding, and the bearish momentum is accelerating.

Personal suggestion

BTC: 91500-92000 to short, target down to 90k, if it breaks, look at 88000

ETH: 3030-3060 for short, target looking down at 2970-2900, if it breaks, look at 2850

$BTC $GT $ETH #成长值抽奖赢iPhone17和周边 #Gate广场圣诞送温暖 #加密市场回暖