The following is an analysis of today's market:
1. Bitcoin ($BTC )
BTC is currently hovering around 65,000. The double tops on the daily line plus the 4-hour double top divergence do show insufficient upward momentum. This technical pattern often means that there is a certain adjustment pressure in the market. It is a more reasonable expectation to take a volatile downward route to digest the 4-hour double top divergence. The possibility of 7-day fluctuations during the National Day holiday is relatively high, mainly because when there is a need for adjustment on the technical side, market funds may tend to be cautious during holidays, and trading activity may decrease, resulting in little room for operation.
2. Ethereum ($ETH )
ETH's daily line breaks through 2800 to break through the downward trend, and its current performance is weak. The competition among public chains is fierce, and the Ethereum ecosystem has been divided into the market by other public chains, which has indeed brought it some pressure. However, it can also be paid attention to whether it has a chance to make up for the rise. On the one hand, changes in market sentiment may trigger funds to pay attention to Ethereum again; on the other hand, if other public chains adjust, funds may also flow back to Ethereum. For the upgrade hype in the first quarter of next year, it can be used as a potential positive factor, but there is currently great uncertainty.
3. Solana ($SOL )
SOL is doing better than Ethereum, and the hype ETF launch next year has brought it certain expectations. The daily line must break through 160 to start the bull market, and it is currently in the 4-hour divergence callback stage. This shows that SOL is also facing short-term adjustment pressure, but due to future hype expectations, it may still have certain rising potential after the adjustment.
Today, we are looking at the callback. The strategy is as follows:
BTC 65200-65900 is used as a stop loss, 66000 is used as a stop loss, and the target is 62800
ETH 2644-2666 is used as a stop loss, 2700 is used as a stop loss, and the target is 2573
Sol 156-158 is used as a stop loss, 160 is used as a stop loss, and the target is 148
In general, the current cryptocurrency market is affected by many factors. The technical divergence and market competition make the market trend more complicated. Investors should carefully analyze, pay close attention to market dynamics, and reasonably control risks when operating. #BTC☀ #ETH🔥🔥🔥🔥 #sol板块 #RWA板块涨势强劲