$ETH Tonight the Federal Reserve is likely to have ups and downs again. However, the liquidity issue is already a thing of the past, which means the bottom has been established. Long-term protection is under short-term, you can only go long, let's first look at 3650
$ETH From midnight killing the plate turned into midnight shorting. It is obvious that the pattern has changed. 2700 hit the second leg to establish the bottom. Prepare for the Christmas market
$ETH really back to 2850, are you still waiting for the bottom? December is the strongest bull month, there are 24 days until Christmas, but the Christmas market can start at any time!
Conrad K
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Bearish
$ETH broke below the 10-day line and has entered a correction pattern. Can it return to 2850 to let me board? {spot}(ETHUSDT)
$ETH There is a 10-day moving average support below, and above is the descending trend line from 4753. A short-term breakout or breakdown can easily occur
$ETH Mercury retrograde is over! The Ether officially returns to a bullish trend, this is not a short-term rebound, but a restart of the capital market, any pullback is a buying point
$LINEA The index has dropped for nine consecutive weeks, but this week finally has a chance to rise. As for how far the rebound can go, it all depends on fate.
$ETH appeared with the hour line's breakout. It seems Thanksgiving can be well celebrated. If the short line rushes to 3100-3150, it may also pull back again. Therefore, short-term traders will rely on their own skills. However, those who want to buy at 2500 for long-term positioning may find it difficult.
Since $ETH has reached the 3000 threshold, it will break through 3000. It's common for it to quickly retreat after breaking through. In short, it seems that the liquidity crisis has been resolved. Ethereum returning to its starting point is just a matter of 1 or 2 months.
$GAIN The time and space for the pullback correction are sufficient. The problem is that the popularity has dissipated, and the project party has not repurchased, so we can only go with the flow.
$ETH Weekly outlook has dropped for 13 weeks, ending this technical bear market. Since it is a decline due to insufficient liquidity, as long as the funds return, it can quickly bounce back. Coupled with the interest rate cut in December, it will return to 4100 in about a month.
$ETH broke free from the downward momentum during the US market hours, meaning that the continuous selling pressure for two weeks has finally ended. It dropped from 4253 to 2623, a decrease of 38%. The rebound is initially expected to see a third of that, bouncing back to 3150.
$BTC fell to 80600 in one go before rebounding, but the crisis does not seem to be resolved yet. The reason is that the current decline comes from involuntary selling, such as ETFs or some market makers and leveraged large holders being liquidated. Therefore, funds are waiting on the sidelines and will not chase prices. Retail investors who would chase prices have basically all died out, so the bottom is not far away, whether in time or space.
$ETH Last night, it hit a new low again. It seems that the downward trend is not over yet, but in the past few days, there are signs that selling pressure has eased. The spot trading volume has shrunk. Overall, this wave is still driven by liquidity depletion resulting in a low point, whether it's due to the gray market fleeing, whales being liquidated, or issues with market makers or secondary exchanges. In any case, some are forced to sell, while others are buying on dips. The joys and sorrows of people cannot be communicated. Therefore, once the forced selling pressure is gone, a significant rebound in coin prices back to the starting point of the decline should be expected.
$BTC Breaking free from the inertia of the recent sell-off in the European and American markets over the past few days is a good thing. We don't know if the selling pressure has ended, but at least it hasn't continued to push the big pie below 90,000. Staying above 93,000 is the key observation point, indicating a break of the downward trend line and a return to the 93-100K range. Bottoming out is always difficult, but managing risk well can lead to significant returns once the rebound occurs.