Can the rebound of the day start a new bullish trend?
Chairman of the U.S. SEC reiterates that the cryptocurrency market is rife with fraudulent activities
Extra: Don't be fooled by the fact that we have approved another ETF, we do have bottom lines~
Traders postpone the initial interest rate cut by the Federal Reserve from November to December
Extra: Everyone, come and see, we have found another reason for this round of decline~
- Daily chart: After the price tested the 60,000 support level, it maintained above it and oscillated. If there is no break below this level in the later period, it is still an upward trend.
- 1-hour chart: After a short-term breakthrough above the 66,000 level, there was a pullback. If there is no break below this support in the later period, there is still a trend of continued upward movement.
II. Ethereum
- Daily chart: After oscillating and testing the 3,100 level, the price rose again. If there is no break below this key level in the later period, it is still an upward trend.
- 1-hour chart: After a short-term breakthrough above the 3,550 level, there was an adjustment. If there is no break below this support in the later period, there is still a trend of continued upward movement.
I. Bitcoin
- Yesterday's view:
Summary: After a short-term breakthrough above the 66,500 level, there was a pullback. If there is no break below this support in the later period, there is still a trend of continued upward movement. The upper resistance is focused on the 70,600 and 73,600 levels; if there is a breakthrough, it will initiate a pullback trend, and the lower support is focused on the 63,500 and 60,400 levels.
2. Later trend:
The later trend rebounded without effectively breaking below the 67,400 level and rose again, reaching a high of 69,273.
II. Ethereum
- Yesterday's view:
Summary: After a short-term breakthrough above the 3,550 level, there was a pullback. If there is no break below this support in the later period, there is still a trend of continued upward movement. The upper resistance is focused on the 3,950 and 4,100 levels; if there is a breakthrough, it will initiate a pullback trend, and the lower support is focused on the 3,415 and 3,260 levels.
Later trend:
The later trend rebounded without breaking below the 3,550 level and rose again, reaching a high of 3,761.
I. Bitcoin
Summary: After a short-term breakthrough above the 66,000 level, there was a pullback. If there is no break below this support in the later period, there is still a trend of continued upward movement. The upper resistance is focused on the 71,300 and 74,000 levels; if there is a breakthrough, it will initiate a pullback trend, and the lower support is focused on the 63,200 and 60,400 levels.
II. Ethereum
Summary: After a short-term breakthrough above the 3,550 level, there was an adjustment. If there is no break below this support in the later period, there is still a trend of continued upward movement. The upper resistance is focused on the 3,880 and 4,030 levels; if there is a breakthrough, it will initiate a pullback trend, and the lower support is focused on the 3,400 and 3,220 levels.
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