How much will the bull market drop! 20241112

CN
8 days ago

Good evening, brothers!

Although the four seasons are distinct, it always feels like spring and autumn pass by in a flash. Perhaps it's because the mild days are so pleasant that we are always greedy without realizing it.

The boundary between autumn and winter in Jiangnan is sometimes not obvious. Psychologically, it always feels like the leaves must turn colorful before we can truly experience the essence of autumn…

This kind of weather indeed feels very comfortable, especially when the sun is shining brightly, it feels warm and cozy.

……

The "Trump Trade" continues to explode, with Bitcoin being the biggest winner! This Monday, Bitcoin directly broke through $88,000, surging over 11% in a single day, and the trading volume of Bitcoin ETFs has skyrocketed. Now, confidence in the crypto market has greatly increased, betting that this wave of increase has just begun and may continue until Trump takes office.

BTC: On the 4-hour chart, the price continues to stay above the middle band of the Bollinger Bands, and the price trend remains strong.

On the daily chart, the price continues to stay above the moving average support, and the price trend remains healthy.

In summary, the support level is 87,300, and the resistance level is 87,800.

ETH: On the 4-hour chart, the price continues to stay above the middle band of the Bollinger Bands, and the price trend remains healthy, with a support level of 3,280 and a resistance level of 3,310.

LTC: The price continues to stay above the middle band of the Bollinger Bands, and the price trend remains healthy, with a support level of 76 and a resistance level of 78.

BCH: The price continues to stay above the middle band of the Bollinger Bands, and the price trend remains healthy, with a support level of 420 and a resistance level of 450.

That's all for now, good night!

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