#加密市场回调

Bitcoin's current support level is around 92800, this support level has been validated multiple times before, showing strong support, and it is unlikely to break down in the short term 🧐🧐🧐

Currently, Bitcoin is in a state where it can't go up or down, overall in a state of 'exhaustion' in the uptrend, looking ahead to a volatile trend 🤔

I believe it will fluctuate between 92800 and 100000 👈😎👍

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Ethereum's support level is 3225, and further down around 3140 is also a support level.

BlackRock's accumulation finished at a price around 3200 from November 6 to 12, this portion of chips is considered their bottom warehouse, and I currently don’t believe it will drop below 3140; if it does, we really need to rethink the logic.

I originally thought altcoins were going for a second bottom, but yesterday's wave of declines generally broke below previous lows, switching to a daily chart view, it shows a stair-step downward trend, with three waves down, and the volume gradually weakening. The daily view is very intuitive.

Since November 10, the Ethereum exchange rate has formed a large volatile triangle, and yesterday it just touched the lower edge of the volatile triangle. The Ethereum exchange rate will attract a rebound.

What's next? Bitcoin will at least need to fluctuate for a while; altcoins are also in an oversold state, and everyone hopes it can directly go up; this requires a continuous increase in volume at the 4-hour level, with Ethereum leading the way, first returning to the starting point of this downward movement.

Before the volume increases, the more likely trend is to first fluctuate, and then gradually increase in volume. Altcoins have shrunk their volume to the extreme, there’s not much left to wash out 😂😂😂