Everyone's attention should be on the second#ETHfor two days. I have been saying that you should pay more attention to the second#ETHand its ecosystem and some L2 projects. On the 27th, the second#ETHsoared straight up, with an increase of 10%, but at the position of 3700, there may be some locked-in positions after the ETF was passed before, and it needs to be digested before it can continue to go up. However, some popular altcoins on the second#ETHecosystem performed very well, such as ens and puffer, which have a single-day increase of more than 50%.
The 27th is a day for clearing shorts. There must be people who are eager to be airmen when they see the big cake market pullback a little. As a result, after touching the support of 90K, they immediately killed back. The airmen had no time to react and watched it pull to 97 and exploded. I talked about low-long mainly when the callback was made before. No matter whether it is the second#ETHor the first #ETH, don't think that 100,000 is the top. I have always insisted that the bull market does not talk about the top and short less.
Talk about a few situations that clearly show the trend of the big bull market. Be sure to like, follow and collect, don't be stupid and run to be an airman again. Based on past experience, the bull market started six months after the halving of Bitcoin, which means that this round of bull market officially started in October this year. This is just the beginning. On January 20 next year, Trump will officially take office. In the future, he will most likely implement a series of policies that are beneficial to the cryptocurrency circle, which means that he has actually fulfilled his original promise. The first half of next year will still be a period of interest rate cuts by the US, with trillions of dollars in funds. The bull market may not end until the second half of next year, and it may even last longer. If institutions and big capital continue to push forward, what you should do next is to choose a good track and a good target. Don't worry too much. You used to worry about the second one not being able to do it, but now the second one has stood up, and all the people who are shorting him are gone, right? For us small investors, we have to believe in the general trend of the market, and only by following the trend can we have meat to eat.
Continuing today's daily $BTC market analysis, from the K-line, the 1-hour level is sideways upward, the 4-hour level is bullish, the 12-hour level rebounds, and the daily level is bearish. The intraday pressure level is 98,100 and the support level is 92,400 US dollars.