Bitcoin and Ethereum afternoon trading recommendations and future outlook analysis: 11/4

BTC and ETH afternoon trading suggestions and future outlook analysis: 11/4 BTC and ETH remain in a consolidation phase within a downward trend, with the bearish sentiment not fundamentally reversed. Market attention is shifting toward the U.S. midterm election results for guidance on risk assets. Price range: BTC has recently been fluctuating between $76,000 and $79,000. On November 3rd, it briefly fell below $77,000, then oscillated between $76,500 and $78,800. Bullish/Bearish assessment: Most analysts view the rebound as a technical recovery from oversold conditions rather than a trend reversal. The $78,000–$78,800 zone is seen as short-term resistance, while key support levels at $76,000 and $75,000 are closely watched. A break below these could lead to further declines toward around $73,000. Analyst Xiao Ma's diary trading recommendations: Short BTC near $78,000–$78,500, Target: $76,500–$76,000 Short ETH near $2,300–$2,320, Target: $2,240–$2,220