Looking back at the market, in yesterday's morning review we clearly stated that Bitcoin and Ethereum began to rebound during the day. The four-hour pressure level for Bitcoin is at the 95,000 position. Only when this position stabilizes can the market move directly upward. Similarly, for Ethereum, once it stabilizes at the 3,500 position, it will directly rise above 3,600. Everything discussed in last night's live broadcast was essential information. If you missed it, you can watch the replay. From the Bitcoin spike bottoming near 90,000, there was a rebound of over 7,000 USD in one day, and the fluctuations were also quite large. As always, don’t panic if the current market pulls back; if you can bear losses, you must also withstand the rise. Those holding Ethereum should continue to hold with a target of 3,800-4,000 points. In December, focus on AI and the DEFI sector. Recently, I have been promoting SSV at 18 USD, with a peak of 30 USD, yielding a profit of 70 points. There is still room for upward movement, and WLD is also a key topic to share.
Bitcoin rebounded from the bottom yesterday, reaching a maximum of 97,000 USD before pulling back. Overall, the Bitcoin market has shown a slow trend. In the short term, focus on the high point of 98,000-99,000. There’s not much to say about Bitcoin; the emphasis is on ETH, which is currently leading the altcoin market.
There is a rotation upward, and altcoins are generally rising. The market in December will also be quite good.
Ethereum rebounded yesterday from the bottom position of 3,300 and directly broke through 3,600 in just a day, gaining over ten points. During last night's live broadcast, it was emphasized that Ethereum stabilizing at 2,520 would directly rise to 3,600 without any stoppage. This kind of catch-up rally is very strong. The Ethereum series of coins are also performing well. We can't say that we will catch them all; the funds are limited, but the market will continue to soar.
Be patient and wait. During the day, pay attention to the support level at the bottom, within the range of 3,550-3,535. On the upside, pay attention to the pressure level at 3,680-3,720 during the day. The target range of 3,800-4,000 still requires a process and patience.