11.7 Market Analysis: Bitcoin's High Points Keep Rising, Be Aware of Liquidation Risks

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丁君羡
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4 hours ago

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  BTC: Bitcoin reached a new high again in the early morning, rebounding to around 76300. Although Bitcoin is in a strong upward trend, do not blindly chase long positions at this level, as it may lead to the liquidation of long leverage. From the 4H level, there have been consecutive bearish candles, and in the short term, it may pull back. Pay attention to the key support area below at 73200-73500.

ETH: Today, Ethereum is performing quite strongly, directly breaking through the previous strong resistance at 2800. There is also a probability of a pullback in the evening, so pay attention to the strong support area below at 2710.

For more explanations, please patiently watch the video. If you have any questions, you can follow the public account: Ding Junxian.

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