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
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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