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Family members, today is Thursday. Let's review the big pancake's lowest drop to 90866 in the early hours yesterday, and the highest rise to 97250 at 4:45 AM today, with nearly 7000 points of fluctuation. I wonder how many family members couldn't hold on.
News analysis:
In terms of U.S. consumer spending, October's spending growth slightly exceeded expectations, with a small increase after adjusting for inflation. Factors such as low unemployment support consumption, and both household savings rate and disposable income have risen. However, the cooling of inflation is slowing down; if Trump imposes additional tariffs, it could lead to rising inflation. The job market has mixed signals: the number of initial jobless claims is low, but the number of continuing claims has reached a high, making it difficult for laid-off workers to find reemployment, and the unemployment rate remains stable. Corporate capital expenditures started off weak. In the market, the dollar fell on Wednesday as it digested economic data, assessed the risks of the trade war, and the ceasefire agreement weakened safe-haven demand.
Market trend analysis:
After breaking through the BOLL downward channel on the four-hour chart, we need to pay attention to the support at the 94800 level later in the day. This is the key support position that determines whether the price can continue to rise. After the MACD energy conversion, the fast and slow lines have formed a golden cross and are rising. On the one-hour chart, the current price hit resistance around 97500 and has begun to pull back to find support. The first support to watch is 94700, and the second support is 91900.
BTC trading suggestion: buy around 94700, add more at 94100, with a stop loss at 93600, target 98500.
ETH trading suggestion: buy around 3550, add more at 3510, with a stop loss at 3480, target 3700#市场波动，加仓还是观望？ #BTC #ETH $BTC $ETH .
News analysis:
In terms of U.S. consumer spending, October's spending growth slightly exceeded expectations, with a small increase after adjusting for inflation. Factors such as low unemployment support consumption, and both household savings rate and disposable income have risen. However, the cooling of inflation is slowing down; if Trump imposes additional tariffs, it could lead to rising inflation. The job market has mixed signals: the number of initial jobless claims is low, but the number of continuing claims has reached a high, making it difficult for laid-off workers to find reemployment, and the unemployment rate remains stable. Corporate capital expenditures started off weak. In the market, the dollar fell on Wednesday as it digested economic data, assessed the risks of the trade war, and the ceasefire agreement weakened safe-haven demand.
Market trend analysis:
After breaking through the BOLL downward channel on the four-hour chart, we need to pay attention to the support at the 94800 level later in the day. This is the key support position that determines whether the price can continue to rise. After the MACD energy conversion, the fast and slow lines have formed a golden cross and are rising. On the one-hour chart, the current price hit resistance around 97500 and has begun to pull back to find support. The first support to watch is 94700, and the second support is 91900.
BTC trading suggestion: buy around 94700, add more at 94100, with a stop loss at 93600, target 98500.
ETH trading suggestion: buy around 3550, add more at 3510, with a stop loss at 3480, target 3700#市场波动，加仓还是观望？ #BTC #ETH $BTC $ETH .
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
96,367.58
+0.73%
ETH
3,577.54
-0.72%
Replies 0
