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- 🎄 Gate Square · Christmas Warmth Creation Event
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Tomato 2025-11-12
Today’s daily chart has finished closing. The bad news is that the daily candle is a doji plus a large bearish candle. The good news is that it has not yet broken below the previous rally point, which is 102,000 for Bitcoin and 3,400 for Ethereum.
Regarding the subsequent trend, after a night of decline yesterday, the daytime correction might recover at most 50% of the fall, which is up to 105,000. Alternatively, it could consolidate sideways, waiting for moving averages and other indicators to reach certain levels. Currently, it remains in a bearish zone, and it is likely to test 3,400 first. If it cannot hold, it may test 3,200 or even 2,800.
If it holds, there is a possibility of testing 3,700 again, but this is not very likely and might take a few more days.