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$BTC Afternoon analysis: Released on November 6 at 13:10



Yesterday, I provided the layout for giggle130's northern strategy, and it also reached the target. Unfortunately, it couldn't maintain its structure and surged all the way to 274, only to have a major setback. Ethereum also showed strong momentum but unfortunately incurred losses. Overall, it was a day of gains; moving forward, we should focus more on smaller coins, as risk is linked to profit. Everyone must manage their positions well. I recommend that everyone learn from Brother Rui's trading principles. I will periodically write course materials as benefits for everyone. If you like the streamer, give a follow and observe for a bit! Let's see if it's worth subscribing! Thank you all for your support!

First, we see that the Bitcoin has completed its run from the daily chart perspective, closing at around 103830 in the morning. As long as it stabilizes above 106704, it will lead to a significant rebound. For those who have locked in both long and short positions, you can gradually unwind your positions. The effective support below on the daily chart is primarily focused on the 101253 level. There will also be a chance for a second pullback around the hourly level. For those who haven't entered the market, just be patient and wait. On the 4-hour chart, we will focus on the range of 104403-107025 above, and 101954-99226 below. During the day, it is recommended to focus on low long positions, while in the evening, we expect a pullback. The operational suggestion is to focus on the range of 103267-102598 for upward movement!

Secondly, the daily chart for Ethereum is showing a weak band, moving chaotically, with the daily close at the 3422 level. Last night it stabilized at the 3367 level and surged accordingly. In the future, we will focus on the 3610 level above; if it stabilizes there, it will lead to a new round of upward movement. Conversely, we should pay close attention to the support at the 3300 level below. The overall performance of Ethereum during the day is not as strong as Bitcoin, so it is not advisable to go long on Ethereum during the day. On the 4-hour level, we should focus on the 3493-3651 levels above and the 3331-3155 levels below. It is recommended to focus on high short positions for Ethereum, specifically around the 3450-3493 range. Good luck to everyone! $ETH #参与创作者认证计划月领$10,000 #加密市场观察
BTC-1.06%
ETH-1.29%
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