11/26 BTC-ETH Latest Analysis in the Early Morning
The large-level BTC is merely a pullback after a series of breaks, with no bottoming structure established. There is still significant resistance upward, and although the small-level bottom is rising, there is no clear direction. Intraday, it continues to operate within the upper band of the 4H chart, and it is currently possible to trade within this range. The upper resistance is at 89k-90k, while the lower support is at 86k-84k.
The current structural level of ETH is highly correlated with the major market, and it is also running on the upper track in the 4h chart. The resistance above is at 2990-3060, while the support below is at 2860-2760.
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11/26 BTC-ETH Latest Analysis in the Early Morning
The large-level BTC is merely a pullback after a series of breaks, with no bottoming structure established. There is still significant resistance upward, and although the small-level bottom is rising, there is no clear direction. Intraday, it continues to operate within the upper band of the 4H chart, and it is currently possible to trade within this range. The upper resistance is at 89k-90k, while the lower support is at 86k-84k.
The current structural level of ETH is highly correlated with the major market, and it is also running on the upper track in the 4h chart. The resistance above is at 2990-3060, while the support below is at 2860-2760.