$ZEC trades near $361 after rebounding from the $358 Fibonacci support level. Despite this, the broader trend remains weak with persistent bearish pressure and capital outflows. The altcoin faces a key resistance at $385 and a challenging 101% rally is needed to reclaim its November peak near $750.
$SXP spiked 30% to $0.0696 on December 4, fueled by speculative trading after Upbit resumed deposits. Technical signals are mixed: some indicators show a "Buy," but overall sentiment remains bearish with high volatility and fear in the market.
Key Developments
· Catalyzed by Upbit exchange resuming SXP services. · Trading volume surged to $104M, exceeding its market cap. · The Core 5.0 testnet is 90% complete, a long-term technical positive.
$SOL faces near-term pressure, testing critical support near $144. Key indicators like MACD are bearish, and ETF inflows have weakened. However, major network upgrades like Firedancer aim for institutional-grade performance, supporting a positive long-term outlook if current support holds. #SolanaStrong #SOL空投 #SolanaUSTD #solanAnalysis
Market Structure & Catalysts The breakout is retail-driven as whale transactions hit a 2-month low.New U.S. spot ETFs are providing a modest tailwind, with cumulative inflows of $2.85 million.
Technical Indicators
· Summary Signal: Neutral · Moving Averages: Buy (7 signals vs. 5) · Key Indicators: RSI and MACD suggest a Buy, while others like Williams %R signal Sell.
$ETH is trading bullishly above $3,200, fueled by the recent Fusaka network upgrade. Technical analysis points to a **"Strong Buy"** sentiment, with key resistance at $3,250-$3,265. The next major target is $3,450.
Key Technical Levels to Watch:
· Immediate Resistance: $3,250 - $3,265 · Major Support: $3,120 - $3,160 · Next Targets: $3,450, then $4,150+
A sustained break above $3,265 is needed to extend the rally. Holding above $3,120 support is critical to maintain the bullish structure.
$BTC price has risen above the $93,000 key resistance level as of December 4, suggesting a potential continuation of its bullish trend. This recovery follows a volatile period where prices dipped below $84,000, partly pressured by the unwinding of the yen carry trade. Technical analysis points to completed bullish chart patterns, with targets extending toward $104,000-$107,000. While AI models and analysts present widely divergent year-end forecasts, the current ~30% pullback from October highs is viewed by some as a typical bull market correction rather than a cyclical downturn. #BinanceBlockchainWeek #BTC86kJPShock #TrumpTariffs #CryptoRally #USJobsData