As the US stock market rebounds, Bitcoin's rebound over the weekend continued into Monday, showing signs of stabilization after breaking through the 88 resistance level.
The large resistance above the rebound is around 94.
If it drops after being rejected at 94, there is a possibility of making new lows again.
The current rise is a short covering, and there is still relatively little active buying, so there is a possibility of a second test.
If the recent two tests approach the 80500 range but do not break below, consider going long.
The daily level is expected to rebound in December. If the FOMC confirms a rate cut, the target price for the daily level rebound is around 112, and the daily level rebound target for SOL is also at the same time point.
If the long-term cycle turns bearish, after this rebound ends, it will continue to decline, with the final target around 57000.
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IDon'tUnderstandBtc
· 11-25 08:17
Everyone knows the place where shoes pinch.
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IDon'tUnderstandBtc
· 11-25 08:17
Steadfast HODL💎
View OriginalReply0
FuckSquid
· 11-25 08:16
Beautiful people are mostly alike; unhappy relationships are always similar.
#Gate广场圣诞送温暖,就有机会赢 market view
The short-term rebound resistance is at 94.
As the US stock market rebounds, Bitcoin's rebound over the weekend continued into Monday, showing signs of stabilization after breaking through the 88 resistance level.
The large resistance above the rebound is around 94.
If it drops after being rejected at 94, there is a possibility of making new lows again.
The current rise is a short covering, and there is still relatively little active buying, so there is a possibility of a second test.
If the recent two tests approach the 80500 range but do not break below, consider going long.
The daily level is expected to rebound in December. If the FOMC confirms a rate cut, the target price for the daily level rebound is around 112, and the daily level rebound target for SOL is also at the same time point.
If the long-term cycle turns bearish, after this rebound ends, it will continue to decline, with the final target around 57000.