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11.5 Market Analysis: Bitcoin Falls Below 100,000, Is the Bull Market Over?

CN
丁君羡
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4 months ago
AI summarizes in 5 seconds.

Click to view today's video analysis

  BTC: This morning, Bitcoin has once again fallen below the psychological barrier of 100,000 after half a year, testing around 99,000. There have been two tests here, but it has not effectively broken down, and there hasn't been too much panic selling for now. After the sharp decline, the price has stabilized, and in the short term, this position is expected to rebound for correction. Pay attention to whether it can effectively stabilize around 112,800 by tomorrow morning.

ETH: This morning, it briefly dipped to around 3054, with a very strong downward momentum. In the short term, this position is stabilizing after the decline. Watch the upper range around 3380-3400; if it cannot stabilize here, it will continue to test lower levels.

For more explanations, please patiently watch the video. If you have any questions, you can follow the public account: Ding Junxian.

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Selected Articles by 丁君羡

3 months ago
12.23 Market Analysis: Bitcoin's failure to break through ninety thousand - is it accumulation or distribution?
3 months ago
12.19 Market Analysis: Mild Interest Rate Hike Has Been Implemented, Bitcoin's Negative Factors Have Been Exhausted, Which Is Positive
3 months ago
12.18 Market Analysis: Bitcoin's Extreme Inducement to Long Positions and Waiting for CPI to Arrive
View More

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