Democrats compromise, U.S. government ends shutdown
Good news arrives on the 13th: Trump is about to sign the government funding bill, ending more than a month of shutdown. During this month, the market has continued to decline along with the shutdown. Will there be a rebound after the government restarts? We shall wait and see.
BTC The current market is in a wide-ranging fluctuation zone. Looking at the overall daily line, there have been three bottom tests at the 9880 level, with the lows rising. There is a clear bottoming signal formed in the 1000-1010 range. Yesterday, the positioning at 1013 yielded some small profits. The four-hour pattern has a long lower shadow, and the market is definitely going to rebound again. If the four-hour can break through and stabilize above 1043, the rebound will have the strength to test the 1070-1080 range.
Around the range of 1012-1016, the target is to break above 1025-1036 and look towards 1043.
ETH The concubine fell back from around 3580 and immediately rebounded, showing strong performance. On the hourly level, a golden cross has formed and there is a breakout above the mid-track resistance. Pay attention to a pullback to 3450 during the day; as long as the four-hour closing line is above that, then the upward trend can continue.
Around the 3443-3462 range, the target is to break above 3507-3578 and look towards 3630.
Short-term trading is flexible and changes, with defense based on the actual situation of one's own position! #BTC #ETH
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November 13 BTC/ETH Analysis:
Democrats compromise, U.S. government ends shutdown
Good news arrives on the 13th: Trump is about to sign the government funding bill, ending more than a month of shutdown. During this month, the market has continued to decline along with the shutdown. Will there be a rebound after the government restarts? We shall wait and see.
BTC
The current market is in a wide-ranging fluctuation zone. Looking at the overall daily line, there have been three bottom tests at the 9880 level, with the lows rising. There is a clear bottoming signal formed in the 1000-1010 range. Yesterday, the positioning at 1013 yielded some small profits. The four-hour pattern has a long lower shadow, and the market is definitely going to rebound again. If the four-hour can break through and stabilize above 1043, the rebound will have the strength to test the 1070-1080 range.
Around the range of 1012-1016, the target is to break above 1025-1036 and look towards 1043.
ETH
The concubine fell back from around 3580 and immediately rebounded, showing strong performance. On the hourly level, a golden cross has formed and there is a breakout above the mid-track resistance. Pay attention to a pullback to 3450 during the day; as long as the four-hour closing line is above that, then the upward trend can continue.
Around the 3443-3462 range, the target is to break above 3507-3578 and look towards 3630.
Short-term trading is flexible and changes, with defense based on the actual situation of one's own position! #BTC #ETH