2024.11.22 Bitcoin/Ethereum/BNB/SOL/DOGE Intraday Market Analysis:
Good afternoon, brothers! It's truly a sunny day, and Bitcoin has reached a new high again. Last night, even the barmaids were asking me if Bitcoin has been rising well lately; it's really crazy. Ethereum led a group of altcoins to start catching up last night. I hope Bitcoin can consolidate at this level for a while, so the altcoins can see if they can catch up and help everyone break even and make some profit.
There are just over 60 days until the New Year. When relatives and friends ask you if Bitcoin has reached 100,000 USD, you must have made a fortune, right? How will you respond?
On Monday, I mentioned that this week would see a change in trend. On Tuesday, we began to break through the top of the consolidation zone and established an upward trend. The short positions are mostly wiped out, all serving as fuel for the upward movement. To know how the following trends will unfold, please tune in to my Binance Square live stream tonight at 8:30!
Market Analysis: #BTC Bitcoin, today pay attention to the level of 97885. If the hourly level does not break this level on a pullback, then all levels are still bullish, and we can continue to watch the previous high of 99415 above! If today the hourly level breaks below 97885, we will start to see a pullback, with support levels to watch around 96680-95760-95045! #ETH Ethereum is currently standing firm on the daily level. The 4-hour level is a top consolidation after a rally. Today, pay attention to the level of 3350. If the hourly level does not break this level on a pullback, then all levels are still bullish, and we can continue to look for targets/resistance levels around 3385-3410-3450 (3450 is the high point of the previous daily rebound, and there may be a chance for short positions at this level).
Next, I plan to set up a potential insider coin, just like I set up FTT yesterday afternoon, which surged 50% the next day.
I cannot disclose this insider coin here, mainly because I'm worried it might be too heavy to pull.
If anyone is interested, drop an 8 in the comments.
This blogger mainly focuses on spot trading and insider doubling coins, while contracts are only a small portion of my trading operations occasionally!
