The Bitcoin/Ethereum pair, which I mentioned again in the morning session, fell to 104700 and 3527 respectively, a significant drop. Currently, the price has rebounded somewhat, but Bitcoin's rise is not substantial. The candlestick pattern on the 4-hour chart shows a small bullish rebound. The daily chart shows an upward trend, but it's still in a correction phase after the previous high. Technically, on the 4-hour chart, both the DIF and DEA are above the zero line, and the MACD histogram continues to show increasing red volume, indicating that the bulls are in control in the short term. However, the long upper shadows for three consecutive days on the daily chart indicate significant resistance above. Trading suggestions: Short Bitcoin around 105500-106000, target around 104000; Short Ethereum around 3590-3610, target around 3520. [The above analysis and strategies are for reference only. Please bear your own risks. The article's review and publication are not timely; please refer to real-time information.]
Liang Qiu: 11.11 Bitcoin/Ethereum: Long and short positions continue to profit; short positions can be entered again if prices rise in the evening.
2025-11-11 12:36:37
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