Yueying: Bitcoin and Ethereum Market Analysis (November 13th) - Will there be another bull trap followed by a sharp drop tonight? I expect an upward breakout.

Bitcoin Technical Analysis — The short-term strategy given above, with resistance around 105000 and support around 100500, was accurate. Although the strategy was slightly aggressive, it generally met expectations, resulting in gains for both long and short positions. Looking at the daily chart, the previous candlestick closed bearish, testing support but failing to continue. A rebound occurred at the open today and is currently testing the 7-day moving average. The Bollinger Bands remain wide, with short-term moving averages providing some resistance. The MACD fast and slow lines show signs of turning upwards, but the volume bars are decreasing again. The KDJ indicator, after turning, found support and is moving upwards again. The VR indicator is consolidating around 70. Looking at the 4-hour chart, after last night's large bearish plunge, it found support around the lower Bollinger Band and rebounded with consecutive bullish candles. It is currently testing the middle Bollinger Band and the 60-day moving average. The Bollinger Bands are narrowing, and short-term moving averages are turning upwards. The MACD fast and slow lines, after falling below the zero line, show signs of turning upwards, with the volume bars decreasing. The KDJ indicator is crossing upwards, and the VR indicator is consolidating around 110. Overall, yesterday's market saw a rollercoaster ride, rebounding before plummeting again. Therefore, the short-term strategy remains to treat it within a large range, focusing on short-term movements. Bitcoin short-term: Short at 104800 (Short at 106900), Long at 102500. Ethereum's previous short strategy, while somewhat aggressive, yielded good results with proper planning. The long position at 3350 wasn't filled, and the price rebounded to 3370, but Yueying's overall strategy was correct. Considering the overall technical picture in conjunction with Bitcoin, I'm more optimistic about Ethereum's potential surge to its previous high today. Therefore, short-term support is around 3500. Although there is resistance around 3650, Yueying is bolder today, expecting a break below resistance to target the 3780 area. Ethereum short-term: Short at 3750, Long at 3508 (For more cryptocurrency analysis, click the image to see the homepage introduction) — I am Zhou Yueying.