Good afternoon, brothers. Thanksgiving has passed, and the power of the United States is about to recover. If the ETF maintains its inflow trend, a breakthrough of $100,000 is expected before the end of the year. This week, there are important data on non-farm payrolls and unemployment rates.
The market is currently undergoing a consolidation and correction, with prices continuing to fall on the 4-hour chart. There is selling pressure at the 100,000 level, but it is weakening, and the buying support below is relatively weak. Both upward and downward spaces are opened in the market. The current structure shows a clear inducement to go long, and we continue to watch for a correction. Daily and weekly supports are effective, and we remain bullish in the medium term. A pullback in the afternoon will be an opportunity to get onboard.
BTC trading advice
Long at 96,000-95,700; add at 95,400; stop loss at 400 points; target 98,500.
ETH trading advice
Long at 3,670; add at 3,630; stop loss at 30 points; target 3,750.
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