Today's price movement shows a "V-shaped Rebound" characteristic, quickly rising from the low point, but the Trading Volume has not increased, and the strength of long positions is not solid. December has historically performed strongly (the fourth best month), combined with the Fusaka upgrade (increasing L2 throughput) and institutional adoption, making the long-term bullish probability high towards $3,500-$4,000 (18-25% rise potential). However, short-term risks lean bearish: if it falls below $2,800, it may test the $2,700 support; if it holds, it aims for the $2,900 resistance.
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Today's price movement shows a "V-shaped Rebound" characteristic, quickly rising from the low point, but the Trading Volume has not increased, and the strength of long positions is not solid. December has historically performed strongly (the fourth best month), combined with the Fusaka upgrade (increasing L2 throughput) and institutional adoption, making the long-term bullish probability high towards $3,500-$4,000 (18-25% rise potential). However, short-term risks lean bearish: if it falls below $2,800, it may test the $2,700 support; if it holds, it aims for the $2,900 resistance.