Liang Qiu: Bitcoin/Ethereum short positions closed as expected on November 29th, with a rebound anticipated tonight.

The strategy for shorting Bitcoin/Ethereum during the daytime session was to re-enter short positions around 91000 and 3030-3040. The market traded in a narrow range throughout the day, with relatively small overall volatility. Ethereum reached a low of around 2980, offering some upside potential, while Bitcoin's performance was less promising. On the daily chart, the price action shows recent high-level consolidation. After a significant initial rise, there have been two consecutive days of pullback, with the current candlestick showing a small bearish candle, indicating a relatively balanced market between buyers and sellers. On the 4-hour chart, a short-term downtrend has formed, with lower highs and lower lows. The latest candlestick is a small bearish candle, reflecting a weak consolidation. Technically, the 4-hour MACD histogram shows continued shrinking volume, with the DIF and DEA lines crossing downwards, indicating weak momentum. On the daily chart, the MACD remains above the zero line, but the red bars are significantly weakening, requiring close monitoring for further developments. Strong support remains at the lower levels. For evening trading, it is recommended to take profit on short positions and enter long positions. For Bitcoin, go long around 90,000 to 90,400, with a target around 91,800; for Ethereum, go long around 2960 to 2980, with a target around 3060. [The above analysis and strategies are for reference only; please bear your own risks. Article review and publication are not timely; please refer to real-time information.]