Carlos Diaz pfp
Carlos Diaz

@defiexplorerf

BTC & ETH Market Outlook – Nov 29 • Daily timeframe: BTC is still at the early stage of an uptrend. The reversal is not perfectly clear yet, but bottoming signals are already strong. Yesterday, I mentioned that BTC could continue climbing — and indeed it pushed up to the 93K zone before pulling back sharply, forming a rather ugly candle. During that move, I called the team to close all long positions around 91xxx, locking in nearly 4,000 points on BTC. For ETH, I also closed early with about 50 points in profit while waiting for the next signal. • Key support: The main support area remains around $90,000, and it will likely be tested multiple times in this swing. Below that, the $88,000 zone is also a potential wick target. As mentioned in previous analyses: once BTC broke its downtrend structure, the lower timeframes became overheated and needed a short-term correction to reset indicators. • Key resistance: The major resistance zone is still $93K–$95K.
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