2024.11.11 Early BTC/ETH Market Analysis
On this night, BTC/ETH is non-stop, BTC continues to set new historical highs, and ETH reaches a new high in this rebound! Maintaining strong momentum, at this stage, the driving force mainly comes from the retail sentiment driven by the major players! The reference weight of policies and indicators is starting to decline!
The weekly K chart still has upward demand, which has already completely FOMOed up!
BTC Focus
Support 75800/74300/73400/69800
Resistance None
ETH Focus
Support 3050/2945/2851
Resistance 3251/3445
BTC continues its high-level performance, the market is soaring like lightning, non-stop, ETH's 2403 is worth mentioning, an unchanging level, last week there were 2 touches at 2403, I told you last week that breaking 2851 opens up the space for 3200/3400 is imperative, the arrow is on the string and must be released, currently 3248 has been hit, and 3445 is not far away!
You can look for strong noses and continue to follow opportunities for low buys on low volume pullbacks!
