Bitcoin and Ethereum Latest Evening Trend Analysis: 11/5

Bitcoin and Ethereum Trading Suggestions and Directional Analysis for the Evening of November 5th: After the afternoon's analysis, the market dipped again to 101300 in the evening. My midday short-term trades yielded some profit. I suggested entering Bitcoin around 102300 and Ethereum around 3350. After the price stabilized and showed signs of a rebound, I exited all positions. Bitcoin gained over 1000 points, and Ethereum gained over 70 points. From the current market perspective, the daily chart shows that Bitcoin's price has shown signs of rebounding after a significant step-down trend. After touching the upper Bollinger Band and encountering resistance, Bitcoin entered a sustained downtrend, forming a standard consecutive bearish candlestick pattern. Although there were brief rebounds, the bullish momentum was clearly insufficient. These rebound bullish candlesticks generally appeared as doji stars or small-bodied candles, and the trading volume continued to shrink, indicating weak market buying interest. Looking at the 1-hour chart, although there are consecutive bullish candlesticks in the short term, the upper resistance level is still suppressing the rebound, and it cannot withstand the impact of the falling volume. Therefore, my trading suggestion for tonight is still to focus on rebounds. Short-term trading suggestions: Bitcoin: Short at around 102800-103500, target around 101000, break below to 100000. Bitcoin: Short at around 3350-3370, target around 3250, break below to 3150.