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Date: November 7, 2024
The pump trend has been confirmed, and the continuation of the market after the breakthrough still needs to be confirmed.
Yesterday's daily candlestick closed at a historical high, and we need to wait for confirmation of the breakthrough of the "1+3" model to determine whether the market can continue in the future. The support below is near the EMA15 moving average (around 70300). Keep a close eye on the market evolution after the November 8th Federal Reserve interest rate meeting.
Lite version
Currency: BTC
Date: November 7, 2024
Technical Analysis：
Indicator: '1+3' model + EMA15
Conclusion: The pump trend has been confirmed, and the market continues to await confirmation
support level: near 70300
#BTC