24.11.21 Bitcoin Ether Night Market Analysis
【Market Review】
Today, Bitcoin started the morning with a huge ancient bullish candle, a thousand troops came to meet! I wonder how many brothers who shorted got squeezed?
At the same time, many brothers chased long positions at 97000, so be sure to pay attention to risks, and strictly set stop losses.
【Bitcoin Analysis】
Can we reach 100,000 tonight? It's a topic that everyone is paying attention to. If we push through to 100,000, then 100,000 is not the end; it's possible to push all the way to 110,000. So, the 100,000 threshold is very important, and there are many big players waiting to short here. It all depends on how the bulls and bears fight it out. It's best for us to either stay out or participate lightly, and definitely do not go in heavy!
Upper resistance levels:
98488-99632-100223
Lower support levels:
96500-94873-93556
For those who want to catch the needle, you can place low buy and high sell orders at these levels, just set stop losses accordingly!
Tonight, closely watch if 97000 can hold. If it closes above 97000, then there’s a real chance it could break 10 in the morning.
If it cannot hold, there will be a wave of retracement downwards!
【Ether Market Analysis】
Resistance levels: 3375-3450-3566
Support levels: 3250-3168
