$BTC might be forming a Reverse Cup & Handle on the weekly chart. This is a bearish continuation pattern, and here’s how it works:
Price forms a rounded top → the “cup” Then it bounces up slightly → the “handle”
After that, the chart usually breaks down sharply
And right now, BTC’s structure actually matches this pattern:
✔ A rounded top already formed at $126k ✔ BTC dropped to $86k (the cup bottom) ✔ Now it’s bouncing back toward resistance ✔ If price gets rejected around $97k–$100k, the handle completes → and the next big move can be down
Key levels for the reverse cup & handle:
🔥 Resistance (handle zone): $97k – $100.5k This is where BTC should struggle.
⚠️ Breakdown zone: $86k – $87k Falling below this confirms the pattern.
📉 Downside targets (if confirmed): $72k, $58k, or lower depending on momentum.
Market turning green today feels good, especially after couples of red days. But here’s what beginners need to know:
This move is what traders call a bounce, not a confirmed trend change. $BNB is still sitting under major resistance zones. The real momentum only starts when BNB breaks $915 and then $1,011.
If that breakout happens, the next wave can be strong… but right now, we’re still in the “testing stage.”
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#加密市场回调 #币安实盘合约 $ETH Bogo discusses trading: System defines direction, open positions with stop-loss. 2025/12/2 ETH morning analysis: This morning at 9 AM, Federal Reserve Chairman Powell's speech did not mention economic monetary policy or resignation, which did not bring any changes to the recent trends. The current market logic should continue to be influenced by the bearish yen, so be cautious in bottom fishing. Combining the technical chart trends, 2810 is a minor resistance level, and small funds can gamble on shorting. 2865 is the next resistance level and also a key point that everyone can pay attention to. Make sure to set a stop-loss at 1%. Risk warning: All the above content is solely the author's personal opinion and does not represent any investment advice. The market has risks; invest cautiously. $BNB #