BTC appears to have bottomed out and is showing signs of a rebound in the short term. It found a short-term bottom around 86,000 and didn't continue falling. Furthermore, the four-hour chart shows a bullish divergence pattern, and it has already started to rebound. The key resistance level to watch is the previously mentioned 91,000-91,300 range. This area is where trading volume is concentrated and is also a key Fibonacci 0.382 level. If you want to try shorting, choose this range as your entry point.
Ethereum also saw a slight increase, and the four-hour chart also showed a bullish divergence pattern. The key resistance level is around 2960, which is not only a place where trading volume is concentrated, but also close to the 0.618 Fibonacci retracement level. In addition, Ethereum's fundamental data is quite strong, with whale entering the market yesterday, and many institutions are also starting to be bullish on it. In terms of trading strategy, it is recommended to focus on long on dips.
The secondary market saw a rebound yesterday (2024111120230), but the gaming sector didn't follow suit. In the primary market, after yesterday's rally, there was a rapid pullback, but the overall trend hasn't bottomed out yet. For now, only those holding nodding positions should continue to wait.
Today $hmstr there are signs of major players accumulating positions, so it's a good time to buy at the current price;
Let's recap the main and sub-plots of the SOL chain. 1. Leading Stock: $PENGUIN, top-tier buffs stacked, driving sales across the entire network. 2. Claude Line: $SOL, AI planting tomatoes, non-living things caring for living things, led by @himgajria, narrative at its peak, $Calwd Lobster, AI assistant with maximum attention. 3. New Section: Mr. Beast + Gene Mouse: $Dale. 4. $psyopanime, Musk's attention. 5. Humorous Memes: $testicle Magic Ball. 6. Retro/nostalgic works claimed by the original authors/designers, such as $clippy, $buttcoin, classics from 2016, etc. 7. Agentic AI: $MIA, claimed by the developer. 8. Popular TikTok videos: $objects, etc. 9. Modern Frankenstein: $Lumen
DASH: For contracts, you can enter at the current price. This coin has just broken out of a minor descending wedge channel, and it's highly likely to accelerate its rise. Furthermore, ZEC in the privacy sector has also started to rise; following this sector's upward trend, DASH is sure to have a strong surge! Let's start with a target of 72, and if the overall trend improves, we could see 88!
FRAX: Get moving! The altcoin season has quietly begun! You can buy spot now at around 0.80. The short-term target is 1.05, and with a broader outlook, 1.25. Set a stop-loss at 0.7! This is a stablecoin, and it looks like it's bottoming out and rebounding. It's a good time to get in on the action!
The market is constantly changing, and specific entry and exit points should be determined based on real-time conditions. Follow the trend after a breakout! No matter how confident you are, please strictly adhere to your stop-loss and take-profit strategies! That's all for today! Follow me so you don't get lost! QQ: 2178747366, QQ: 2499660658 ( Add me with a note, and I'll add you to our learning and discussion group).
