Good evening, brothers!
Speaking of which, this year's Double Eleven doesn't seem to be as popular anymore.
I wonder if you all feel the same way?
However, the main person buying things in my house is my wife, so I don't have a deep feeling about shopping. I just buy baby formula as soon as we run out, haha.
……
Trump's victory has completely ignited the crypto market, with Bitcoin breaking through $81,000 and Ethereum's market value surpassing that of Bank of America. Analysts believe that this wave of increase may just be beginning and is expected to continue until Trump's inauguration.
On Sunday, Bitcoin rose over 6%, continuing to climb above $81,000 in early trading on Monday in Asia, setting a new historical high. Ethereum, as the second-largest cryptocurrency by market value, saw its price break through $3,200, with a market value of approximately $383 billion, exceeding that of Bank of America.
Since Trump's victory, Bitcoin has risen over $10,000, outperforming the returns from U.S. stocks and gold during the same period. Year-to-date, driven by strong demand for spot ETFs and expectations of interest rate cuts from the Federal Reserve, Bitcoin has increased by over 90%.
BTC: On the 4-hour chart, the price continues to stay near the upper Bollinger Band, showing a strong price trend.
On the daily chart, the price continues to stay above the moving average support, with the price trend still strong.
In summary, the support level is 87,600, and the resistance level is 82,200.
ETH: On the 4-hour chart, the price continues to stay above the middle Bollinger Band, with a healthy price trend. The support level is 3,170, and the resistance level is 3,200.
LTC: The price continues to stay above the middle Bollinger Band, with a healthy price trend. The support level is 75, and the resistance level is 78.
BCH: The price continues to stay above the middle Bollinger Band, with a healthy price trend. The support level is 420, and the resistance level is 450.
That's all for now, good night!
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