Yueying: Bitcoin and Ethereum Market Analysis for November 3-4, Continue to Treat Weakness with Caution on Short Positions, Plus Short-term Strategy

The BTC long position at 78,800 was perfectly fulfilled, follow up to capture short-term space. The daily chart shows a previous K with a solid bearish body; the intraday opening tested downward with a slight rebound. The Bollinger Bands are expanding, short-term moving averages are trending downward, MACD fast and slow lines extend downward with volume bars shifting from expansion to contraction, KDJ crosses downward again, and VR indicator consolidates near 80. On the 4-hour chart, price resistance at the upper band led to consecutive down candles, testing support near the lower band. Bollinger Bands flatten narrowly, short-term moving averages continue downward, MACD fast and slow lines cross downward with signs of reversal and shrinking volume bars, KDJ finds support near 0 and turns upward, VR indicator consolidates around 70. Overall, the market remains weak within the channel structure; focus on short-term rebounds testing resistance for entry opportunities, refer to short-term recommendations. BTC short-term recommendation: Short at 77,800 (profit management based on strategy activation) The previous short idea at 2,320 for ETH was accurate and successfully executed. Technical analysis and indicator alignment can be referenced from BTC—no further explanation needed. Refer to short-term recommendations. ETH short-term recommendation: Short at 2,288 (more coin analysis available by clicking the image to find Yueying's homepage introduction) — I'm Zhou Yueying, a teacher specializing in technical analysis. Friends with any questions about operations or trends are welcome to exchange and learn together! Let’s grow together and profit together!