Shanhe Brother's Currency Analysis: On November 29th, the summary of the day and the midnight thoughts have been updated. The overall rhythm has retraced and corrected, and the downside has basically reached the bottom, continuing to look for a high after a slight dip.

Go with the trend, take advantage of the trend. The price of Hangqin coin has shown strength from the early morning, continuing through the morning and afternoon. Shanhe Brother has been consistently bullish, with three consecutive long positions in Bitcoin and two in Ethereum, all perfectly executed. All strategies were disclosed in advance, and all positions were well planned. The intraday market yesterday rose from around 37500 to nearly 38500, with a volatility of about 1000 points on the 29th. Bitcoin also gained over 1100 points, and Ethereum gained over 50 points. If you can't grasp this kind of market, do you think there is any point in being in this circle? Are you here to be at the mercy of the market makers?

On the four-hour chart, after multiple breakthroughs above the upper band, the price of Bitcoin made a new high. Currently, the two consecutive bearish candles on the four-hour chart indicate a strong support below, with the retracement basically in place. The next step is to turn the candles positive and regain the upward structure. Looking at the hourly chart, after reaching a new high, the price retraced from above the upper band to below the lower band, fluctuating back and forth around the Bollinger Bands. The bulls are consolidating on the hourly chart, waiting for further upward movement. The consolidation phase is also to build up bullish momentum. Pay attention to the volume after this consolidation and consider entering the market in advance, waiting for the bullish volume.

At midnight, you can go long directly at 37600-37700 for Bitcoin, with a target of 38300. For Ethereum, you can go long directly at 2020-2025, with a target of 2075.

Whether you are a novice, a struggling trader in the market for many years, or an experienced trader seeking stable profit methods, and feeling confused about long-term, medium-term, and short-term investments, you can find me to improve your practical skills and survive in the market in the long term.

You can follow the public account: Shanhe Brother's Currency Analysis. Real-time guidance, welfare strategies.

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