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Operation suggestions and trend analysis for Big Pancake Aunt Ethereum: 11/7

2026-11-03 07:00:22
Shareshare
BTC and ETH operational recommendations and trend analysis: 11/3 BTC has been in a consolidation phase after the recent limit-down, with consecutive weekly candles closing in red. It has declined from around $87,000 to the $76,000–$78,000 range. The $79,600 level is considered a critical watershed for bulls and bears; if prices remain below it, downside risks are not yet eliminated. The $75,000 level is widely watched as a key support zone; a break below could open the door to further declines toward $73,000 or even lower. Five-hour timeframe scenario reference: Bullish scenario: If price breaks above and holds above $79,600 on increased volume, short-term bearish logic needs reassessment. Resistance levels to watch are $80,000–$81,600. Consolidation scenario: Price fluctuates within the $76,600–$79,600 range, typical of post-limit-down consolidation and digestion phases. Analyst Shengge's trading advice: Buy BTC at $76,000–$76,500, target $77,500–$78,000 Buy ETH at $2,230–$2,250, target $2,310–$2,330
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