11.10 Weekend Morning Market Overview:
BTC closed with a positive hammer yesterday, and the market still has room for growth. At present, Bitcoin is consolidating and correcting in a narrow range of 75K-77.6K at a high level. The current data is positive and the market direction will be determined by the release of CPI data next Wednesday, which will also have a significant impact on the market's expectations of interest rate cuts.
Bitcoin is currently under small pressure: 77469.07, target price 78656.21 80361.67
After the painful suffering of the previous period, ETH finally ushered in the outbreak of this wave of market, soaring directly from 2400 to 3160. Finally, it has activated the market and brought liquidity! At the same time, its market value has exceeded 365 billion, surpassing Bank of America. At present, the market is still advancing rapidly, and the transaction volume yesterday reached 38.8 billion, which is also the highest transaction volume since August 5! The RSI value of 87.16 has reached a serious overbought state, so we have to be careful! Support 2851.87 2757.5 2663.12 Pressure 3183.21 3238 3312.4
Since the big cake broke the new high, the cottage has not risen much, that is, yesterday's hamster rose by 77%. However, the rotation of the cottage sector has begun imperceptibly. From the DEFI sector a few days ago to the inscription to the telegram TON chain yesterday. Three of the top four seats in yesterday's increase list were TON chain tokens, namely Hamster, Telegram Cat, and Telegram Dog. Then will the next batch of AI, GAMEFI, etc. also have a small climax? Wait and see, friends with ideas can start to lay out the leading tokens of certain sectors
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