Yueying: Bitcoin and Ethereum Market Analysis for November 11th - Long Positions Profited, Strong Resistance Unbroken, Continued Hunting of Bulls

Bitcoin Technical Analysis — The previous long position strategy for Bitcoin yielded over 2000 dollars, but the short position was not executed. Looking at the daily chart, the previous candlestick closed positive, and the price opened higher this morning before pulling back. The Bollinger Bands are widening, short-term moving averages are turning upwards, the MACD fast and slow lines are turning upwards with decreasing volume, the KDJ is crossing upwards, and the VR indicator is consolidating around 70. On the 4-hour chart, the price is trading above the 60-day moving average. It tested the upper Bollinger Band this morning and closed with a wick, currently pulling back to the 60-day moving average area. The Bollinger Bands are slightly widening, the 7-day moving average is turning downwards, the MACD fast and slow lines are extending upwards and breaking through the zero line but showing signs of turning downwards again, the volume is decreasing again, the KDJ is crossing downwards, and the VR indicator is consolidating around 140. Overall, the morning's surge did not continue, and there were signs of further pullback in the evening. In the short term, pay attention to the intraday high; if it cannot be broken, short positions can be considered below it. After a break, watch for resistance below 109000. The 7-day moving average on the daily chart is considered short-term support; if it breaks, it will continue to test the 101500 area. See short-term suggestions. Bitcoin short-term suggestions: Short at 106600 (short at 108500), long at 103800 (long at 101800) (Strategy activated, manage profits as needed). The previous long position on Ethereum moved within a range of about 100 dollars, but the short position was not filled. On the daily chart, also pay attention to the support around the 7-day moving average; if it breaks, it will continue to test the 3350 area. 3650 is currently the short-term watershed; if it can be broken and stabilized above, watch for resistance around 3800. If it doesn't break in the short term, another short position can be considered. The overall technical analysis is linked to Bitcoin and can be used as a reference only. See short-term suggestions. Auntie's short-term trading advice: Short at 3615 (Short at 3750), Long at 3470 (Long at 3380) (Click the image to see the homepage introduction for more currency analysis) — I am Zhou Yueying.