@CoinCheckTV

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Analysis

33
Correct
17
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13
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1
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ETHUSDT
Short Entry 3,281.5000 2025-11-05 02:21 UTC
Target 3,170.0000 Fail 3,310.0000
Risk/Reward 1 : 4
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ETHUSDT
Cryptocurrency
Technical
1H
Analysis Predict Bear Market
The analyst discusses Bitcoin and Ethereum, noting Bitcoin's recent drop below $100,000 and its current price around $101,327.7. He expresses concern about market panic and highlights Bitcoin's dominance increase due to altcoin weakness. He anticipates Bitcoin to trend lower in the short term, with possible bullish action after revisiting the liquidity zone around 99337.1 USDT. A more general bearish analysis is applied to Ethereum, currently at $3291.6, due to general red market conditions. It's noted it's in a YTD loss position. The analyst suggests traders to be cautios and make use of risk management techniques during market uncertainty. As such, ETH target 3170 and failure bound over 3310.
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