11/01 monthly line closes and continues to be bullish. Will the short-term CME futures gap be filled? Is the ETH/BTC exchange rate likely to bottom out?

Yesterday, I reminded that there were two gaps in the bitcoin price, 34095, which had been filled, but the further gap of 29690-29800 had not been filled. It is not ruled out that the gap will be filled in the form of a pin. The bitcoin price fluctuated at a high level for 8 days and this time will be extended. The longer the time is, the greater the probability of a small callback. This is similar to the previous 31800 stationing stage platform for about a month.

Historically, November and December are either peaks or bottoms. We have previously reminded that September is a bad month. October rose, and in November, there were 6 rises and 4 falls in historical data, and the rises were not small. We respect the data and also combine it with the current market trend. So the probability of continuing to rise in November is high, and the probability of this wave of rebound to 42,000-50,000 has increased.

Flatbread

The weekly line is currently in a non-standard upward channel, the price line is currently at the lower edge of the upward channel, the BOLL opening MACD divergence is a strong reversal form, the fast and slow lines cross the water, and the three moving averages diverge. The 4-hour oscillation can only be a box oscillation between 33400 and 35280, which requires more time and space to digest.

ether

Ethereum monthly line opened and closed above BOLL. Next, it will have the opportunity to challenge the previous high or the 2400 line. MACD may cross the zero axis or the fast and slow lines may cross. The weekly line crossed the BOLL middle track and the entire downward trend line did not break through effectively. MACD turned over the zero axis and the OBV indicator is still below the yellow line. Ethereum has a chance to make up for the rise. The daily line is also in a narrow range.

The ETH/BTC exchange rate pin released a huge amount of volume and closed flat inside the pin. There is a chance to rebound here and wait for the opportunity of altcoins to rise generally

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