Ethereum skyrocketed to 3684 overnight, and it can still rise!

We can break through and buy on the dip; a good entry position is around 3530-3550, because ETH tends to break through and then pull back near the previous high support before continuing to rise, which is quite logical and has a high probability. I have been encouraging everyone to enter ETH because it has a strong opportunity for catch-up and is expected to reach around 3900.

Bitcoin, on the other hand, is stronger than I expected. Previously, we analyzed that it could reach 87500 or above the 90K mark. Yesterday, it actually went above 90K and held, starting to rebound. Although it did not reach my ultimate target, our exit at 98K was successful, and we switched to ETH, which has performed really well.

I think the overall rise in the crypto market should wait until the Western Black Friday shopping season ends, as the last cycle was similar, and this time should be about the same.

Additionally, with the king of altcoins, ETH breaking through its previous high, I think PEPE also has a good opportunity for a catch-up, and we can buy on the dip. Let's see the subsequent trends after this week's Black Friday is over~