#BTC☀
《Unemployment Benefits Are Coming ———— Beware of Market Reversal》
Despised Ethereum has heard the voices of people cursing it, and it's getting better. The altcoins have also reacted to Ethereum's strong rebound. Ethereum's resistance is now around 3580, with support near 3250.
The number of initial unemployment claims in the U.S. for the week ending November 16 was previously 21.7, with market expectations at 22, and the reported value was 21.3, which is negative news.
The Philadelphia Fed Manufacturing Index for November had a previous value of 10.3, with market expectations at 8, and the reported value was -5.5, which is positive news.
Now that the data has been released, we need to wait for the impact of the data to settle down. Last night's NVIDIA data was also positive. The U.S. stock market opening tonight shouldn't be too bad. Manage your positions well; buy more where needed and sell where necessary.
