Bitcoin and Ethereum Latest Price Movement Analysis (11/5)
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Bitcoin and Ethereum Latest Market Trend Analysis: On November 5th, the market is showing a clear downward trend on the 4-hour chart, with technical signals indicating increasing bearish momentum. The appearance of the Three Crows pattern, combined with the bearish alignment of the moving average system, creates a strong bearish resonance, further confirming the downward pressure on the market. Meanwhile, the price is approaching the key support level (101516.5 USDT), and a break below this support level could trigger further declines. Short-term trading suggestions: Buy Bitcoin around 101500-102000, with a target around 104000; Buy Bitcoin around 3400-3420, with a target around 3520.
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