Yesterday, the Bitcoin market experienced wild fluctuations, plummeting to 88,000 at one point, resulting in a liquidation of 420 million dollars, reaching a new high in nearly three years. On the daily chart, a shocking pin bar occurred with fluctuations exceeding 20,000 points.
Despite the turbulent situation, setting aside yesterday's anomalies, Bitcoin is still oscillating within a range. The current strategy should focus on going long at lower levels,
with long positions to be entered around 97,800, targeting 99,900.
Regarding Ethereum, positions can be entered around 3,890 on a pullback, targeting 3,950. $BTC $ETH
Current four-hour technical indicators show a downward-opening channel continuing, with weak price fluctuations. Bearish volume is consolidating with reduced intensity, and the moving averages are entangled. The short-term remains weak, entering a phase of oscillation and repair. A significant rise is expected after the US stock market closes.
Recommendation for Bitcoin: Buy at 95000-96000 with targets of 99000-103000.
Recommendation for Ethereum: Buy at 3780-3700 with targets of 3900-4000, $BTC $ETH
Insight on Bitcoin and Ethereum Market on Monday, December 2nd
The overall market maintains a bullish trend, with consecutive daily gains showing strong bullish momentum. The four-hour chart indicates a strong rebound of the K-line above the middle band after adjustment.
The support level is strong, and the Bollinger Bands are tightening, showing no sign of reversal; the small cycle is experiencing a tug-of-war, but the bulls are dominant.
It is recommended to buy Bitcoin at 96000-95500, with a target of 99000.
It is recommended to buy Ethereum at 3650-3680, with a target near 3800. $BTC $ETH
The trend of SOL is consistent with my prediction yesterday, the 240 level has currently stabilized, and the target of 245 has also been reached. The main operation today continues to focus on low long positions.
It is recommended to buy SOL on a pullback to 240, with a target of 250, and a stop-loss at 235$SOL .
The target set by Ether yesterday was not reached, but there is still a space of 113 points. Those still holding Ether can hold on a bit longer, let's continue to look at the target of 3700, if it rebounds, then aim for 3750. $ETH #以太坊时刻到来?
The target position given by the pancake yesterday successfully took profit, with a maximum space of 3900 points, and everyone who followed has eaten their fill. #市场回暖新机遇 $BTC
Saturday, November 30th, Insights on Bitcoin and Ethereum Market
Today is the last day of November. Although it is a weekend, I believe the cryptocurrency market is still full of opportunities. From the current trend, the overall market is expected to fluctuate within the range of 96,000 to 99,000 in the short term.
Regarding Ethereum, the daily level shows a sideways trend, and it is expected to operate within the range of 3,530 to 3,660 in the short term. Meanwhile, Bitcoin is likely to make another attempt to break through the 100,000 mark. The recent pullback seems more like the market preparing for this surge by clearing some bullish forces to突破 the 100,000 mark more easily.
For investors, now is a good time to position. It is recommended to enter around 96,000 to 96,500 for Bitcoin, with a target of 99,000 to 100,000; for Ethereum, positioning around 3,550 to 3,580 is suggested, with a target of 3,680 to 3,750. Let us look forward to Bitcoin reaching a new high again! #以太坊时刻到来? $BTC $ETH
As I have said many times before, the slowly rising sailing conditions will be trembling if you hold a doo in your hand, but if you don’t, you will tremble.
The pie is 97,400 yuan, 98,400 is out, 1,000 points is $BTC
Insights on the Bitcoin Market on Friday, November 29
Bitcoin fluctuated around 95,500 yesterday, and a short-term box trend emerged. Zhan Niu Duo Kong double killed Cheng Gong and went down.
Bitcoin is currently entering a decision period. The key to the 90,000 support is that as long as it does not break 90,000, watch more and move less, and pay attention to the 90,000 decision point.
The hourly and four-hour BOLL moving averages are open, running above the middle track, and short-term support is to be tested.
It is recommended that Bitcoin retreat to 94,500-95,000 to take more, and look up to 97,000-97,500. $BTC #比特币打破感恩节魔咒
The pie is 96,000 for a single line of kong, 95,000 for an out, 1,000 points.
Ether 3600 is a line of kong, 3550 is out, 50 points.
Don't ask how to do this kind of sailing situation, just do it high and low while shaking the sailing situation, and pick up the perfect sailing situation. #市场回暖新机遇 $BTC $ETH #以太坊时刻到来?