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Futures
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HOT
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NEW
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NEW
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Simple Earn
Earn interests with idle tokens
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Auto-invest on a regular basis
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Pledge one crypto to borrow another
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Customized asset management to grow your digital assets
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Top asset management team helps you profit without hassle
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Stake cryptos to earn in PoS products
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HOT
Stake BTC and earn 10% APR
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#Will November be Moonvember?
Market activity over the weekend remains subdued and slightly bearish, with current conditions not conducive for shorting. Bitcoin (BTC) is observed at a low range of 69,600-68,800, suggesting a cautious approach with only 10% of positions allocated for gradual buying. For those considering shorting, safer entry points are above 70,550. Recent fluctuations saw BTC rebound to 71,650 before retreating to around 68,800, indicating normal market behavior. A wait-and-see strategy is advisable until the U.S. stock market opens on Monday.
Ethereum (ETH) appears weak, particularly after falling below 2,800 in August. The likelihood of successful shorting at higher levels outweighs long opportunities, given the risk of being trapped at elevated average prices. With critical support at 2,460, a breach could signify a bearish trend, while resistance rests at 2,560-2,580.
Solana (SOL) has shown resilience, supported around 164.50. Buying opportunities exist between 165.50-163.25, with a strong support level near 158. SOL's performance often mirrors BTC, providing valuable insights into potential market movements.
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