From the recent line change at 8 o'clock, Bitcoin has stabilized above 96,000, and the bottom has also risen, with support around 95,600. Bitcoin is only separated from the 100,000 mark by this resistance around 97,200. I believe we will soon see Bitcoin above 100,000 again.
The trend of Ethereum is similar to the overall trend of altcoins, which is relatively weak. After all, those who hold Bitcoin are in the minority in the entire market; most holdings are altcoins, which is also one reason for the market's cries during this period.
Ethereum, which just turned around, has a high probability of going down again if tonight's CPI data has any discrepancies. However, Taka hopes that tonight's CPI data can bring a glimmer of warmth to the market, helping it to stabilize at the 3,200 level and break through the resistance around 3,330.
It hasn't been easy all the way; seeing the market improve little by little brings great comfort. Everyone must hold onto their chips and not act rashly. When the market finally arrives, all problems will no longer be problems.
Spot prices can keep falling, and they have been falling for so long. If the price breaks through 100,000 after November, it will not be so easy to trade.
Both VC coins and Meme have been falling, and there is no sign of stopping the decline. Those who buy at the bottom should also pay attention to the risks, but the current price profit-loss ratio is very good.