11.21 Market Analysis: Bitcoin has no resistance ahead, and 100,000 is coming soon.

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1 month ago

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  BTC: Bitcoin is currently consolidating at a high level around 98,000, and it is highly likely to test the psychological barrier of 100,000. The recent surge has not had much technical reference, mainly benefiting from significant capital purchases by MicroStrategy, leading to a unique market for Bitcoin. In the case of distorted technical indicators, it is advisable to follow the trend and wait for the final stage of the rebound.

ETH: It has followed the upward trend but has not yet broken through and stabilized above the pressure level of 3,200, so it remains relatively weak in the short term. Whether it can catch up later will depend on whether this area can stabilize.

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

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