Good afternoon, brothers. A new month has begun. Bitcoin and Ethereum increased by more than 40% last month. With such an increase, I estimate that many brothers did not make profits. This is why bull markets can lose money faster than bear markets, of course excluding those who hold spot!
On November 28th, I mentioned that this wave didn't pull back much before going up. If it cannot break the previous high, it will pull back. Last night, Bitcoin only rose to a high of 98713 before coming down. The second resistance level I provided during the day was 98720, and I apologize for the 7u discrepancy, I'm really sorry!
A new month has just begun, and tomorrow we will also close the weekly line. Be careful of a pullback at the monthly and weekly levels. If there is a monthly pullback, the first support level for Bitcoin is at the 83350 position. However, it may not necessarily reach here, as there are still supports at the weekly and daily levels above. In the short term, pay close attention to the previous lows at 94700 and 90866!
As long as Bitcoin does not fall, the funds will flow into Ethereum and other mainstream altcoins. Brothers who like altcoins can seize this opportunity!
Today's market analysis:
$BTC Bitcoin is currently in a daily level pullback, with a bearish stance at smaller levels. Today, pay attention to the 97000 position. The 4-hour level must close above this position for the pullback to end, and the market can continue to rise. Upper targets/resistance levels to watch are around 97690-98720-99660!
If the market continues to fall today, pay attention to the support levels around 95695-94780-93930!
$ETH Ethereum is currently in a 1-2 hour level pullback while other levels are bullish. Today, pay close attention to the 3690 position. As long as it doesn't break below this position, all levels are bullish and will continue to rise. Upper targets/resistance levels to watch are around 3730-3762-3814!
If the 1-2 hour level breaks below 3690 today, then the hourly level will start to pull back. Pay attention to support levels around 3661-3630-3595!
$SOL SOL is currently in a daily level pullback, with other smaller levels bearish. Today, during the rebound, pay attention to the 239.4 position. The 1-2 hour level must hold above this position for the smaller levels to begin rebounding upwards. Upper targets/resistance levels to watch are around 245.4-248.8-252.8! (Holding above 245.4 indicates the daily level pullback is over)
If today's rebound cannot hold above the 239.4 position, it indicates that the market cannot rise, and will continue to fall. Pay attention to the support levels around 233-227.3-221.8!
BNB is currently in a 4-hour level pullback, with a bearish stance at smaller levels. Today, pay attention to the 657 position. The 4-hour level must close above this position for the pullback to end, and the market can start moving upwards. Upper targets/resistance levels to watch are around 665.5-677.8-688.4!
If the market cannot hold above the 657 position today, it indicates that it cannot rise and will continue to fall. Pay attention to support levels around 644.6-631.3-617.6! (If it breaks below 644.6, the daily level will start to pull back)
DOGE is currently in a 4-hour horizontal trend, with smaller levels in wide fluctuations. Today, pay attention to the 0.425 position. As long as it doesn't break below this position, all levels are bullish and will continue to rise. Upper targets/resistance levels to watch are around 0.437-0.454-0.469! (0.437 is the top of the horizontal zone)
If the market breaks below the 0.425 position today, then the 1-2-4 hour levels will start to pull back. Pay attention to support levels around 0.416-0.409-0.4! (0.416 is the bottom of the horizontal zone)
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