11.8
BTC
Yesterday's analysis for everyone was that if 100,000 is not broken, it would lead to a small-level rebound. Then it dropped to around 100,000 and bounced back up, welcoming a small rebound. The current market is like a monkey market, jumping up and down. At this position, the analysis remains unchanged: 100,000 should not be broken. There is a chance to touch the 106,000 position. If it cannot stabilize at 106,000, it will still test the bottom again. Overall, it will oscillate between 100,000 and 106,000. During the weekend, it is highly likely to focus on repair because the current market is just a minor skirmish and cannot drive a major trend. It still requires macro data and other aspects to cooperate. Support at 102,000-100,000-97,500, resistance at 103,800-106,300
ETH
Yesterday's analysis for Ethereum was that if 3,224 is not broken, there would be a small rebound, including the resistance above which is moving according to our expectations. The analysis is the same now; as long as it does not break 3,483, it will oscillate widely between 3,224 and 3,483. For this wave of market to continue strengthening, it needs to stabilize at 3,685, but I personally think it won't be so quick in the short term. So in summary, even if the larger level has stopped falling, it still needs a long period of oscillation and repair. Therefore, the strength of the short-term rebound will not be very high, focusing on wide oscillation, support at 3,365-3,228-3,038, resistance at 3,483-3,564-3,680
