2025-12-01 01:47:15

BTC from the daily chart, over the last few trading days shows a narrow consolidation movement. Although it stays above 90 thousand, there are no strong signs for an upward breakout yet. The short-term movement range remains between 91-90 thousand, attention can be paid to the breakout direction in this range. If it breaks out upwards, there is a possibility to test the 93-94 level, conversely, if it falls below the 90 thousand level, it might test the support level of 88 again.

From the daily chart of Ethereum, it is clear that the price is pressured by the daily MA256 moving average at 3150, currently 3150 is a key dividing point between bullish and bearish for the short-term. If it breaks out to the upside, we will continue to see a rebound, otherwise it could return to a weak correction trend. The short-term support level to watch is the daily MA256 moving average at 2900 on the 1-hour chart.

BTC-0.96%

ETH0.06%

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