Track the real-time hotspots in the currency circle, seize the best trading opportunities. Today is Saturday, November 9, 2024. I am Wang Yi Bo! Good morning, everyone. 👍 Like and get rich 🍗🍗🌹🌹


💎
💎
Overnight, the three major US stock indexes collectively rose, with the Dow rising 0.59% and a weekly increase of 4.61%; the S&P 500 rose 0.38% and a weekly increase of 4.66%; the Nasdaq rose 0.09% and a weekly increase of 5.74%; all hitting new historical highs. Among them, the Dow and the S&P 500 both achieved the largest weekly rise since November 2023, and the Nasdaq achieved the largest weekly rise in two months. Tesla rose more than 8%, with a weekly increase of over 29%, the largest weekly rise since January 2023, and the total market capitalization returned to 1 trillion US dollars; Google fell more than 1%, while Intel, Nvidia, Apple, Microsoft, Netflix, Amazon, and Meta fell slightly. The encryption market saw both rises and falls, with BTC breaking through $77,100, hitting a new all-time high. ETH reached a high of $2,980.
💎
💎
After a day of slight fluctuations, the BTC price finally saw another surge at midnight, reaching a high of 77113. The daily candlestick formed a small doji, indicating a narrow range of fluctuations. Although the pump momentum has slowed down slightly, the overall strong structure is still evident. The technical structure has not changed much, and the daily candlestick has started to rise again after the adjustment, indicating a correction in the accumulation phase. Multiple consecutive upward movements have laid the foundation for long positions to rise. It is highly probable that this pattern will be shorted at the highest price. Note the difference between correction and trend reversal. In a strong market, if the price falls back for a correction, it will bounce back and continue to rise. However, if it is a trend reversal, the price will fall and not bounce back, continuing to move downward. After confirming support on the short-term chart, there was a strong rebound, and the low points of the confirmed support are progressively higher, indicating an obvious correction platform. Continuously observe the pullback and rise around the low points.
💎
💎
ETH reached a high around 2980 overnight. From a technical perspective, it is still in the continuation of breaking through the weekly chart. The momentum is still strong and there is no obvious reversal signal. It is mostly a continuation signal from the Relay. Due to the full bullish line on the weekly chart, it is recommended to continue to go long this week and next week. The daily candlestick longs have set sail and are still rising. In the short and medium term, it is still recommended to continue to go long. However, the one-sided upward movement may oscillate due to the strength and weakness of the momentum. Therefore, for Friday's Node, it is not recommended to blindly go long like the previous days, but to try to go long on pullbacks and find support for follow-up. ETH may still have another upward movement here, with resistance around 3000-3050 to follow. If it fails to break through, there may be a pullback to the 1-hour chart level in the next two days, followed by a pump to 3000 on the 1-hour chart.
#万圣节倒计时:抓紧最后机会,享$60,000惊爆福利# #比特币突破新高$75K,下一站$80K?# #你目前持仓量最大的meme币是?#
BTC1%
ETH8.7%
MEME6.83%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)