BTC Volatility Weekly Review (November 3 - 10)Core data (Hong Kong time November 3 16:00 → November 10 16:00)
BTC/USD: -1.0% ($107,200 → $106,200) ETH/USD: -1.9% ($3,690 → $3,620)
After finally breaking through the psychological barrier of $100,000 last week, positive news from Washington over the weekend drove the market to rebound at the beginning of this week, probing the previous support (now turned resistance) level/range of $104,000 - $107,000. If it breaks through the $107,000 - $108,000 range, given that $108,000 - $114,000 is a key/volatile range, we expect the market to experience some upward acceleration. If the price effectively breaks through the resistance level, it indicates that this round of long-term adjustment may have been completed, and the market may be preparing to test historical highs quickly and with volatility. Next, we believe this will lead to a...
SignalPlusMandarin·6m ago