BTC and ETH recover together! Bulls begin their counterattack—could November bring an opportunity?
On November 2, the crypto market showed signs of recovery. BTC climbed back to around $78,300, while ETH rebounded above $2,300. Although the market has not fully escaped its weakness, some positive signals have emerged.
BTC | Bitcoin
Current price reference: $78,300
BTC has gradually recovered from its previous lows and is moving back toward the $78,000–$79,000 range in the short term.
Key levels:
Support: 77,500 / 76,500
Resistance: 78,700 / 80,000
A breakout above 80,000 could open the way to 81,500.
Trading strategy:
If the price pulls back to 77,500–77,800 and holds steady, consider a small long position.
If it breaks above 78,700 and confirms the level on a retest, consider following the trend.
Stop-loss reference: 76,900; targets: 79,800 and 81,500.
ETH | Ethereum
Current price reference: $2,309
ETH has climbed back above $2,300, and bulls are attempting to recover lost ground. The key level to watch next is whether it can break through around $2,320.
Key levels:
Support: 2,280 / 2,250
Resistance: 2,320 / 2,350
A breakout above 2,350 could open the way to 2,400.
Trading strategy:
If the price pulls back to 2,280–2,290 and holds steady, consider a small long position.
If it breaks above 2,320 on increased volume, consider following the trend.
Stop-loss reference: 2,255; targets: 2,350 and 2,400.
My key view:
BTC drives market sentiment, while ETH offers insight into investors’ risk appetite.
At the moment, I lean bullish. As long as BTC holds above 77,800 and ETH holds above 2,280, the short-term rebound may have room to continue.
$BTC $ETH #币安第一阶段15个网络已恢复提现
On November 2, the crypto market showed signs of recovery. BTC climbed back to around $78,300, while ETH rebounded above $2,300. Although the market has not fully escaped its weakness, some positive signals have emerged.
BTC | Bitcoin
Current price reference: $78,300
BTC has gradually recovered from its previous lows and is moving back toward the $78,000–$79,000 range in the short term.
Key levels:
Support: 77,500 / 76,500
Resistance: 78,700 / 80,000
A breakout above 80,000 could open the way to 81,500.
Trading strategy:
If the price pulls back to 77,500–77,800 and holds steady, consider a small long position.
If it breaks above 78,700 and confirms the level on a retest, consider following the trend.
Stop-loss reference: 76,900; targets: 79,800 and 81,500.
ETH | Ethereum
Current price reference: $2,309
ETH has climbed back above $2,300, and bulls are attempting to recover lost ground. The key level to watch next is whether it can break through around $2,320.
Key levels:
Support: 2,280 / 2,250
Resistance: 2,320 / 2,350
A breakout above 2,350 could open the way to 2,400.
Trading strategy:
If the price pulls back to 2,280–2,290 and holds steady, consider a small long position.
If it breaks above 2,320 on increased volume, consider following the trend.
Stop-loss reference: 2,255; targets: 2,350 and 2,400.
My key view:
BTC drives market sentiment, while ETH offers insight into investors’ risk appetite.
At the moment, I lean bullish. As long as BTC holds above 77,800 and ETH holds above 2,280, the short-term rebound may have room to continue.
$BTC $ETH #币安第一阶段15个网络已恢复提现
