BTC is coming down.
ETH is holding up nicely, which is great.
There are 3 zones for me of interest and all of them have a non-zero chance of happening.
1 - Sweep of 87.8K and bounce back upwards. Given the fact that there's a CME Gap to 90.4K, I would suggest that this level has the highest percentage of happening.
2 - The sweep at 83.8K, I don't give this the highest chance of happening, as I think that we'll likely just go all the way down towards the lows if markets are providing this trend.
3 - A double bottom retest.
Technically, if 86-87K doesn't hold as support during this correction, then we're likely going to be getting that double bottom retest as a Christmas present.
BTCUSDT
Perp
89,553
+0.19%
ETHUSDT
Perp
3,136.6
+1.17%
SOLUSDT
Perp
133.94
+2.02%
