November 4th BTC and Ether market analysis:



The current four-hour EMA chart of BTC shows that the small rebound in the early hours has been completely suppressed and failed to effectively maintain an upward momentum. The MACD indicator is still below the zero line, with no signs of turning upwards, indicating overall weak momentum.

It is important to pay attention to the key price level of 105,000 - it is not only the position of the lower band of the weekly Bollinger Bands but also has strong support. If this level is effectively broken down and the closing price remains below it, there is a high probability that it will further decline.

Day trading suggestions focus on buying the dip for Dogecoin, but it is essential to strictly control positions and set stop-loss orders in advance, and avoid blindly holding positions.

The specific reference prices are as follows:

- BTC: A pullback to the 105,000–105,500 range can be considered for a long position, with a target towards 107,500–108,500;
- Ether: A pullback to the range of 3,520–3,560 could be considered for a long position, with a target aimed at 3,680–3,750.
#十二月降息预测
ETH-5.82%
BTC-3.87%
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