Cryptodanta

ETH price point

MON market price long, it can also break hold above long steadily.

The current support for BTC is at 85, with key support at 82-83. If it falls below that, we will look at 78/75, and further down to 69. The price must rise above 94 to prove that long positions are strengthening, and above 97 to stop the fall. Without clear signals, the focus should be on shorting, and long orders should not be held for long.

12.1
Second pancake: dominated by the high altitude, the continuous increase in volume turns the second pancake into a trap, easily mistaken for strong bullishness. In the morning, it fell 150 points in one hour, which is significant. The key point is whether the big pancake can make a new low; there is no need to focus on the new low of the second pancake. If the big pancake makes a new low, the second pancake will also drop. It’s just that the timing may be delayed, making it more deceptive. Jumping in early to catch the bottom can easily lead to being misled.
Support: 2793, Resistance 2965,

12.1
A new week, a new month, starting with an hourly level big bearish candle, wiping out a week's gains. The weekly level correction is quite decisive, with Bitcoin down 3.5% and Ethereum down 5.5%. Today, it is more suitable to short at highs, and key positions can also be tested for longs. If there is support at the weekly correction, one can enter. The weekly pullback is also the monthly line probing the bottom first; as long as the previous low is not broken, this may become the last washout. If the previous low is broken, it will need to probe the bottom again. The size of the long

December 1st Bitcoin Ethereum market analysis
Bitcoin accelerated its decline after falling below the 90,000 mark, with market concerns that the Bank of Japan might unexpectedly raise interest rates (the current probability of a rate hike is already higher than maintaining the rate), leading to collective pressure during the Asian trading session. Ethereum was even more severely impacted by the external market, directly falling back into the bullish OB range on the 4-hour level, necessitating close attention to the strength of the support zone at 2700-2660. The liquidity crisis and policy unce

Note that this Sunday (November 30) will see the dual closing of the weekly and monthly lines, which may amplify market Fluctuation. Some analytical institutions hold a cautious attitude towards this. The Fusaka network upgrade scheduled for December 3 is a potential catalyst for the market, which may boost confidence in the Ethereum network.

Look to the north, charge with the bayonet! The daily chart MACD has taught you how to read it. ETH has golden crossed ahead of BTC. Currently, ETH is facing half-point pressure on the daily chart. The momentum is continuously increasing, and the long positions are strong. Personally, I've always held the four previous positions at 2645, 2720, 2750, and 2850, thank you! Oh, I forgot, BTC also has long orders at 81032, and 82000, 86 long orders, thank you! The long orders at 2880, 2900, and 2940 yesterday can reduce position given the current pressure. Move up, not down. Keep an eye on BTC,

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Analysis of eth market next week
eth fell sharply last week, bottomed near 2080, and is currently following up with a synchronous rebound. The resistance levels above are 2280/2290
Support below 2150/2100
Spot positions continue to hold