11/11 Bitcoin and Ethereum Market Analysis and Trading Strategies:

The current sideways consolidation, where prices seem unable to fall further, can be seen as a sign of the bears' strength waning at a key level. It's essentially a build-up of energy for the next upward move. The market's sideways consolidation here, coupled with low buying interest, could actually be a positive signal. [Analysis of Ethereum Price Trend on the 4-Hour Chart] Candlestick Pattern: Recent candlesticks show an upward trend, with prices gradually rebounding from the low of 3420 on November 9th to the current 3577. A clear bullish engulfing pattern exists (e.g., from November 9th to November 10th), indicating a bullish market sentiment. Technical Indicators: MACD: The DIF and DEA averages continue to rise, and the positive values are expanding, indicating increasing bullish momentum. However, caution is advised regarding potential divergence signals in the short term. RSI: Currently at 56, it's in a neutral-to-strong zone, not yet in overbought territory, suggesting further upside potential. EMA: The price has broken through and stabilized above EMA7 (3566) and EMA30 (3512), forming a bullish alignment with strong support; EMA120 (3687) remains a significant resistance level. Bitcoin and Ethereum stable trading strategy for the evening of November 11th: Bitcoin: Long position entry suggested around 105000, target prices: 106000-106600-107200. Ethereum: Long position entry suggested around 3550-3560, target prices: 3600-3640-3680. If the trend retraces, please consult me promptly for specific entry points to avoid losses. This article is for informational purposes only; please refer to real-time guidance for specific guidance!