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The market has improved after two days of repair, and BTC has held above the support near 86000, moving towards the resistance around 89000. Currently, it is in a fluctuating rising trend, with another resistance near 87000. The key position is at 86700; if it holds above this level, there won't be too much of a pullback. To enter a long positions trend, BTC should recover above 95000 to be reasonable.



Looking at Ethereum, it is currently in a fluctuating rise trend, with recent resistance around 2920. It is currently hovering near this resistance level. The next resistance is around 2970. For Ethereum to enter a long positions trend, it should close above 3150 to enter a long positions trend. BTC hasn't had any major movements in the past few days, but there are quite a few conspiracy theories brewing. Just take a look and that's enough.

The current 4-hour level is still catching its breath; the wounds from the last big drop have not yet healed. The market's current expectation is for a rate cut in December and a halt to tapering, which could indeed bring some liquidity, but it's hard to say how much can flow into risk assets.
BTC1.97%
ETH0.13%
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