The day before yesterday, I reminded about the risk of a pullback in the early morning and later reminded on 24/11/24 that the liquidation risk for BTC has increased. ETH's rebound is still ongoing, and the old altcoins are taking turns to rebound. On 24/11/25, BTC's descending channel encountered resistance, and ETH showed an engulfing pattern. For spot trading, consider reducing positions on rebounds.

BTC dropped 62,000 points yesterday, hitting a low of 92,600. ETH's rebound was also pulled down, but the retracement was not significant. Altcoins still have temporary opportunities for a rebound, but we also need to pay attention to BTC; if it continues to drop significantly, it will affect the altcoin rebounds.

BTC

The daily chart has shifted from a previous upward trend to a four-day decline. It has now dropped to 92,600, which coincidentally tests the support of the ascending triangle's top. In the short term, it will provide some support to observe the rebound strength, but the downtrend is not over. The daily MACD fast and slow lines have crossed, and the histogram has fallen below the zero line.

On the 4-hour chart, we have been observing the upward channel's movement and have continuously reminded about the risk of a pullback due to the recent top divergence. After breaking down, it is retesting the channel's pressure. The descending channel from the highest point rebounded to the Fibonacci 0.786 yesterday and then fell back under pressure. For this segment of the decline, we will wait for lower prices before considering mid to long-term positions.

Support: Resistance:

ETH

ETH's evening rebound broke through 3444, reaching a high of 3546 before being pulled down by BTC's spike. This point also coincides with the support of the previous high's histogram. The altcoin rebound led by ETH has entered its final phase, so we have been reminding to seize short-term opportunities during BTC's high-level fluctuations without being too greedy. A market trend is a line of opportunities to be grasped segment by segment!

Currently, if we still look for a rebound, we need to see if the high point of 3545 can be broken again. The altcoin frenzy is also being pressed down to slow down. The BTC ecosystem's ORDI, SATS, and RATS, which we mentioned before, have not rebounded much, but the bottom support is still decent, so we will see if they can have a rebound.

Support: Resistance:

If you like my views, please like, comment, and share. Let's navigate through the bull and bear markets together!!!

The article is time-sensitive and for reference only, updated in real-time.

Focusing on K-line technical research, sharing global investment opportunities. Public account: Trading Prince Fusu

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。