Track real-time hotspots in the currency circle, seize the best trading opportunities, today is Monday, November 11, 2024, I am Wang Yibo! Good morning, coin friends ☀ hardcore fan check-in 👍 like and get rich 🍗🍗🌹🌹


💎
💎
A new week, a fresh start. The encryption market is in a bull run, with BTC hitting a new high of $81,568, approaching the $100,000 mark. Today, BTC will consolidate around $80,000 sideways, looking for a breakthrough. The main driving forces behind this round of BTC pump include the launch of ETFs, continuous inflow of institutional funds, the possibility of Trump's reelection, and three interest rate cuts by the Fed this year. These factors have collectively pushed the price of BTC to continuously break new highs. The rotation of the altcoin market zones has begun. This week, a series of economic and financial data will be released in the U.S., and the head of the Fed will speak. These data will not affect the Fed's pace of rate cuts in December, but the market at the moment should not be blindly operated. From a technical perspective, the pump trend of BTC remains strong, and it is expected to continue to break new highs in the future. In terms of trading strategies, it is recommended that investors continue to adopt a strategy of buying low on pullbacks, grasp the market rhythm, and gain more profits.
💎
💎
BTC still refuses to pullback. It hit a low of 78500 in the early morning, quickly recovered after dropping below that level, and then surged to a new high of 81700. This indicates that the mid-term upward trend remains unchanged. The first resistance level is at 82000, and a breakthrough could lead to 85000! From the current trend, it is a strong one-way uptrend, and as long as there is no turning point, it can continue to be bullish. Whenever there is a pullback, it is an opportunity to go long. From the hourly chart level, the long positions have been continuously increasing, and the overall trend is one-way, so we can continue to participate in long positions in the morning.
💎
💎
Ether has recently reversed its decline and surged. After testing the 3251 level overnight, it faced resistance and fell back. Overnight, short positions made a false move downwards, dropping to the 3069 level before quickly rebounding above 3180. The price center has been gradually rising, and the candlesticks are continuously reaching higher levels. The short-term moving average also shows a strong trend, with the MACD indicator still showing bullish volume and continued high trading volume. The upward trend in the operating channel remains unchanged! From a rhythm perspective, there is still a need for further upward movement. Moreover, the bull run shows no signs of topping out, with resistance first following the 3280-3350 range, and breaking through to follow above 3500, offering ample upward space. In the morning, the short-term layout still revolves around retracement, with a focus on going long.
#ETH上涨突破$3,000,接下来走势如何? #你目前持仓量最大的meme币是? #万圣节倒计时:抓紧最后机会,享$60,000惊爆福利
BTC0,13%
PUMP0,95%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)