BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, AVAX, SHIB


Despite the uncertainty surrounding the newly discovered variant of Omicron, COVID-19, the cryptocurrency market and global stock market staged a strong recovery on November 29.

Long-term investors seem to see the recent decline as a major buying opportunity. A recent document submitted by MicroStrategy shows that the company purchased 7,002 Bitcoins (Bitcoin) The average price is $59,187.That boosted MicroStrategy has a total storage capacity of 121,044 bitcoins, Purchased at an average price of approximately $29,534 per coin.

Daily cryptocurrency market performance. source: Coin 360

However, analytical resource materials scientists, Referenced order data, Stating that “a large amount of Bitcoin liquidity has been taken up” and warning that “stop-loss hunters” may try to get rid of weakness by falling.

Is the current recovery a bull trap or the beginning of a sustained relief rebound? Let’s study the charts of the top 10 cryptocurrencies to find out.