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November 6 Evening BTC/ETH Strategy



Yesterday's close was the strongest bullish candle in the past ten days, but it was only a weak rebound after a sharp decline, and the overall bearish structure remains intact. From a technical perspective, the short-term rebound faces resistance at the previous consolidation upper boundary. The KDJ indicator is overbought and turning downward, while trading volume gradually diminishes with the rebound, indicating a lack of sustained upward momentum.

Overall, the short-term trend remains bearish.

Trading Strategy:
- Bitcoin (BTC): If it rises to the 103,200–104,000 range, consider shorting with a target of 102,000 and a further downside target of 100,000.
- Ethereum (ETH): If it rises to the 3,400–3,440 range, consider shorting with a target of 3,360 and a further downside target of 3,280.
BTC-2.8%
ETH-4.19%
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