The number of BTC withdrawals soared

2023-12-01 04:46:19

BTC’s platform withdrawals soared, and it can be seen that there were similar situations at the beginning of this year and in July, corresponding to two large fluctuations.

Lao Wolf believes that this is related to the accusations against BN, on the other hand, CME’s position has reached a record high, and it has surpassed BN to become the market leader, and Lao Mei has finally eaten the pricing power.

Just now, the US SEC said that Fidelity is applying for ETH ETF, and Bloomberg expects to officially pass the ETF in February next year.

BTC：

ETFs are good for fermentation and play a supporting role in BTC. BTC continued to move higher along the 5-day line, the hourly line rebounded multiple V-shapes, the bulls increased their support, above $38223 is the key point of the box, BTC quickly rose, and the volume broke through $38223 in order to open a new round of upward trend, and then BTC rose to test $38223.

Resistance levels: 38223, 38525, 38842

Support levels: 37682, 37267, 36843

ETH：

Good expectations stimulate the price to strengthen, ETH is still in a triangle convergence trend, above $2103.5 is the key point of the resistance line, only to stand firm at $2103.5, in order to build a bottom and strengthen, once again into the upward trend, and then ETH rose to test $2103.5.

Resistance levels: 2103.5, 2128.4, 2145.6

Support levels: 2057.6, 2020.3, 1997.5

DYDX and XRP have been unlocked in large amounts, pay attention to the expectation of selling pressure, and today ushered in the expiration of huge BTC options, and pay attention to the changes in the European and American markets at night.

Source: Golden Finance

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