11.14 Morning BTC/ETH Latest Market Analysis



Recently, the market has experienced a significant reversal. A black swan event occurred on Thursday night, causing prices to plummet sharply in the early hours, with BTC dropping to a recent low of 97900. After the decline of ETH, there was a slight rebound.

The market shows a bearish dominant trend, with weak resistance from the bulls. After breaking through the key support level, the overall structure further leans towards bearishness, and the rebound has faced multiple suppressions, quickly falling back immediately.

Sister Yue suggests:

BTC can be arranged around 100500 and 101500, with a target looking down at the range of 98000-96500.

The second pie can be arranged around 3250-3300, with the Kongdan target looking towards the range of 3150-3080.
#比特币价格分析 #ETH反弹开启,能否延续? $BTC $ETH
BTC-0,22%
ETH-0,4%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)