Market Analysis & Predictions - Bitcoin faces resistance between $92,000 and $94,000, with potential support around $85,000, indicating a sideways price range with a slight bullish bias [8][9] - A breakout above $94,000 for Bitcoin could lead to a continued bullish move towards the $100,000 resistance level [8] - Ethereum is retesting a crucial level between $3,000 and $3,100, with $3,250 to $3,300 acting as resistance [28][30] - Solana is consolidating sideways between $124 and $128 support and $143 to $147 resistance, showing a neutral short-term trend within a larger bearish trend [40] - XRP is influenced by a larger bearish divergence, with potential support at $2 and $1.90 to $1.95, and resistance at $2.20 [42][48][49] - Chainlink is retesting the $13.40 to $13.50 level, with a potential support around this level, and next major support at $12 to $12.10 if it breaks [49][53] Trading Strategies & Signals - The industry suggests waiting for confirmation of a breakout above $94,000 before entering a long position on Bitcoin [14][15] - The industry notes potential short position opportunities at resistance levels, such as $3,250 for Ethereum and $92,000 to $94,000 for Bitcoin [32] - Overbought signals, like the one seen in Ethereum, suggest a potential cool-off and pullback in price [33][35] - Bitcoin dominance is neutral, implying that altcoins will likely perform similarly to Bitcoin [27]
BITCOIN & ALTCOIN REVERSAL LOADING... (Prepare Now)!!! - Bitcoin News Today, Ethereum & Altcoins
Crypto World·2025-12-06 10:46