24.11.21 Bitcoin and Ethereum Night Market Analysis
A strong bullish candle, countless troops have come to meet! I wonder if you have received the long positions, anyway, the short positions have been hit. Bitcoin made three new highs during the day, and they say things don't happen more than three times. Will you be tempted to chase the rise at the third new high? If so, congratulations, you have successfully been trapped at 98,000. I’m just afraid that friends holding Ethereum will suddenly switch to Bitcoin, and their thighs will be sore from slapping.
In the last 24 hours, there was a liquidation of 537 million, with long positions at 333 million and short positions at 213 million, of which Ethereum long positions were liquidated by 15.54 million and short positions by 26.03 million. Don’t go all in, don’t go all in. Currently, 65.33% of Binance is long within 24 hours.
$ETH resistance at 3506-3618
support at 3241-3185, the drop may not be significant
$BTC resistance at 976-985-994
support at 958-947-936-922
As long as Bitcoin can stabilize above 966 for 4 hours, tomorrow will be a surge again, if it can’t stabilize, a correction will begin. Ethereum is still rising, some altcoins are following, but those that are not following should be directly removed from the watchlist. Tomorrow, on Friday, it is recommended to ambush a few altcoins, waiting for a surge over the weekend.
