The crypto market has stalled after a rebound, with BTC failing to break through the 30-day moving average resistance, temporarily retreating to 92k.
Sui: The first 2x leveraged SUI ETF has been approved by the US SEC and has been listed on NASDAQ;
Aster destroyed 77.86 million ASTER from the S3 season buyback 1 hour ago, worth 79.81 million USD; Reya will conduct a token sale on Coinlist from November 25 to December 2, and the final REYA public sale has been oversubscribed, the next step will be token distribution;
AZTEC token public sale subscription amount has exceeded 17,566 ETH, and the current auction corresponds to an FDV of 390 million USD. The public sale will last until December 6;
11. Fusaka successfully upgraded, which will further support L2, but the current situation is a bit difficult. We need to continue observing how the ecosystem develops.
BTC
BTC's rapid channel model shows that breaking through the channel tests the starting point of the channel for a rebound (the break provided an opportunity for shorts). If the rebound cannot break new highs, it is likely to continue retracing.
As long as Bitcoin does not fall below the support level of 88,000 to 90,000 USD, the bullish trend on the 4-hour and daily charts will remain unaffected. I still hold some mainstream and altcoins with light long positions and spot, and there is a high probability that we will try to rebound and challenge 95,000 USD and the key resistance level of 98,000 to 100,000 USD in the future.
ETH
ETH has just reached the upper Bollinger band on the daily chart, and the position is very precise. If it cannot break through 3,250, we will continue to watch for a retracement. However, once it breaks and holds, it will also be a sign of a small cycle reversal. Resistance (including support) is always a double-edged sword!
For ETH, pay attention to the resistance above at 3,250 and 3,300. If it can reach this level, we will enter short positions. Alternatively, if it effectively breaks below the 3,000 mark, consider going short. This is the dividing line between long and short.
ASTER
ASTER shows a need for a pullback at a small level and is in a descending wedge. This formation can also be understood as a test of support after a breakout. Currently, the strength of support seems quite strong, and it is unlikely to break down. Therefore, you can enter long positions directly around the current price of 1.04 USD, as there may be a wave of accelerated upward movement in the short term.
OKB
OKB's pattern looks quite good, and overall there are signs of a reversal. It has reached an important resistance line, with a benchmark price of 110 USD. If it breaks through and holds this position, there is a chance for a performance boost in the short term. If it fails to break, the next step will test the support around the lower edge at 100 USD. So, keep an eye on the breakout situation; a breakout is worth chasing.
ZEC
ZEC shows signs of bottoming out at a small level, currently in a descending wedge formation, with prices continuously bouncing back. You can enter long positions in the 380-390 range, and once it starts to accelerate upward, the target is at least 450-470 or above, so you can set up a long position, with support around 360-350.
PIEVERSE
PIEVERSE is currently a new coin that has not seen a significant rise. After a pullback, it starts to rise rapidly again. The project team has been accumulating positions at low prices, and it has not yet been listed on spot! There will definitely be a big surge later.
If PIEVERSE is listed on spot, it will prove that it can be held as a high-quality value coin for the long term. If it surges and then quickly retraces, it won't be worth holding long-term. So, you can wait for the price to drop to around 0.48 or directly buy at the current price to catch a bottom!
If you think our content is good, please share our public account with your friends! Welcome to join and follow for the latest information in the crypto world!
