Xiaoyao KOL: Bitcoin and Ethereum Afternoon Market Analysis 11.13
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From a daily chart perspective, Bitcoin has seen slight fluctuations with one bearish and one bullish candlestick in the past two days, indicating a consolidation phase. The 4-hour chart shows consecutive bullish candlesticks, suggesting a short-term rebound. The MACD histogram remains negative but is shrinking, with the DIF line converging towards the DEA, indicating weakening upward momentum and potential for a reversal. The EMA7 has crossed above the EMA30, and short-term moving averages are showing a golden cross signal. However, the EMA120 is significantly higher than the current price, suggesting a continued long-term bearish trend. Bai Pan recommends entering positions around 104,000-104,500 for Bitcoin, with a target of around 102,000. For Ethereum, enter around 3570-3600, with a target of around 3450. However, market conditions are constantly changing, and this article is time-sensitive. Those entering positions should refer to real-time guidance.
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