The conclusion first: This is a recovery, not a reversal. BTC 76,000 is the dividing line between bulls and bears: a move above 78,500 would count as a recovery; only above 82,000 can we talk about a reversal. Below 76,000, watch 73,000/70,000.
Key levels for four coins: BTC support 76k/73k/70k, resistance 78.5k/80k/82k ETH support 2,200/2,100, resistance 2,315/2,400 SOL support 88.4/85, resistance 98–100/105–108 BNB support 679/650, resistance 720/740–750 Why the outlook is weak: September CPI came in at 3.7%; the Fed is expected to hold rates steady in October, while prediction markets are pricing in about a 74% chance of a 25bp hike at the December meeting. The dollar is strengthening and credit spreads are widening; BTC/ETH/SOL ETFs continue to see outflows; the $6.3 billion Binance theft has not been fully digested.
Three scenarios for the coming week: Base case 50%: BTC 75.5k–80k Rebound 20%: BTC 80k–84k Breakdown 30%: BTC 73k–76k (70k in an extreme case) Two risk events this week: 11/6 21:30 Nonfarm payrolls 11/10 21:30 CPI. Avoid high leverage ahead of the data. One-line strategy: If BTC holds 76k, trade the range; if it breaks below, watch 70k. Don’t chase longs in ETH/SOL unless they move above 2,315/100. For BNB, 700 is the confidence level; 679 is the stop-loss line. Personal views only; not investment advice. Futures trading involves risk—manage your own position size. #BTC #ETH $BTC
#DOGE The monthly chart shows that it has already bottomed out, so you can start buying. A huge bull market is just around the corner—if you don’t start dollar-cost averaging and accumulating coins now, it’ll be too late. $DOGE
This position's #SOL is really comfortable. I'm starting to build my position. I believe there will be a big rebound in February. This pullback is a good opportunity to get on board. Do you remember the surge during the Spring Festival in 2023? $SOL
The price of Bitcoin has dropped quite sharply this time, continuously declining and directly filling the gap at 92000. During this process, there was hardly any noticeable resistance, breaking through the 90000 mark, with the lowest point reaching 89253 before finally rebounding. To be honest, this smooth drop was somewhat beyond expectations; although it only fell 3000 points more than anticipated, the judgment of future trends needs to be reassessed!
Previously, we discussed a possibility where Bitcoin could stabilize after the drop and build a base, then surge up to the next high point below 126000, or even reach a new high to lure in buyers before entering a bear market. Now it seems this scenario is likely to fail—key support levels are being breached one after another, and there hasn't even been a decent rebound; the entire structure has upgraded from a choppy decline to an accelerated drop. Now there are pressure levels everywhere, and the rebound space is severely constrained!
Currently, the market is in a rebound cycle, and it is estimated to move in a "up-down-up" three-part format. The first target is to look at 93840, which is the lower boundary pressure of the previous small platform breach; if it can break through, the next hurdle is at the upper edge of the 96300 platform; further up, the area around 101000 is a heavy pressure zone. Ethereum is indeed performing well, stabilizing around 2900, and its trend is clearly stronger than Bitcoin's, this strong state should continue for some time. If a rebound is to be made, Ethereum is definitely the first choice. The pressure levels to watch are 3130 first, then 3210 after a breakout, and to really open up space, it needs to surge to 3580.
In this market, one must be cautious in operations, not to be greedy or get carried away. The market is known to punish various forms of defiance, so we need to maintain a sense of reverence. Remember this saying: "As long as the green mountains remain, one need not worry about firewood!" $ETH
1. Bitcoin (BTC): Yesterday it was a roller coaster, peaking at 96635 and dropping to 93005, now hovering around 94463. Overall, the trend is still downward, and market sentiment isn't great, aligning with what we previously mentioned about the 'new lows in a bear market.' The key is to watch the range of 93000–92000; if it can hold, there may be a chance for a rebound later. 2. Ethereum (ETH): Slightly stronger than Bitcoin, with a high of 3249 and a low of 3004, currently around 3103. Although it also retraced, it didn't drop as hard as Bitcoin, and altcoins have stabilized a bit. The important support below is at 2900, while resistance is around 3510. Overall, Ethereum's trend is still stronger than Bitcoin's. 3. Current Sentiment and Operational Suggestions: The market is in a panic, but often rebounds come unexpectedly at times like this. From the indicators, it's not advisable to blindly short; focus on key support levels and wait for rebound signals. Be sure to manage your position well and don't act recklessly! $BTC $ETH $BNB
Some fans asked me how I feel about the market. I can only say that nothing is 100% certain, otherwise I would have made a fortune a long time ago. I successfully bought the bottom at 7.6. The bottom of pepe is still hard. The pressure point of this wave is only at 8.6. It is difficult to rush up without good news. At present, 50$PEPE % of the bottom has been bought. Go to the homepage for communication.
The market is like this, a game against human nature, the air force won this time
币圈东方
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$ETH Ethereum has reached a critical position. In the past two days, Ethereum has secretly made up for the rise and finally reached the resistance level near the trend line of 3200 points. Short orders have been opened to around 3080. If it breaks through, then go long and see more around 3350.
$ETH Ethereum has reached a critical position. In the past two days, Ethereum has secretly made up for the rise and finally reached the resistance level near the trend line of 3200 points. Short orders have been opened to around 3080. If it breaks through, then go long and see more around 3350.