@Everyone 11.5btc Eth Weekly Trend Analysis and Trading Suggestions!

Current price of Bitcoin is 68000, current price of Ethereum is 2400. I mentioned earlier that we have reduced our holdings above 71000. Whether we miss out on the bull market is no longer a concern. In this kind of market, not losing is equivalent to making a profit; there are no strong altcoins! Bitcoin's daily chart has not broken through 73600 in wave 4, and once it touches 73600, it starts to pull back! Currently, there is already an upper shadow on the weekly chart, and the daily chart has started to pull back, which will likely lead to a continued downward pullback on the weekly chart! Whether the weekly indicators can stabilize at the 0 axis is also crucial! There is a high probability that the daily chart will break below the 0 axis and touch 65000! As for future buying times and points for spot purchases, I personally suggest waiting for the downtrend this month to end, and to wait for the interest rate cut meeting to clearly specify next year's interest rate cut timing before making arrangements! This can help avoid daily pullbacks and weekly pullbacks! Of course, whether we will miss out on the subsequent market remains to be seen! For contract traders, Bitcoin and Ethereum can continue to focus on short positions for now! Bitcoin's short-term resistance levels are 69100 and 70500, with support levels at 66800 and 65500. Ethereum is worth paying attention to; it has been in sideways movement for a long time on the daily chart, and after a false breakout, it has broken below the strong support level of 2400! The daily chart is also trending below the ma99 indicator line! The bearish trend is quite strong! If this continues to lead the weekly chart to further decline and break below the strong support level of 2319, then the weekly chart will likely break below the previous low of 2150, seeking support at the previous consolidation levels around 1800 and 1500! Ethereum's short-term resistance levels are 2480 and 2525, with support levels at 2320 and 2235.