BlockBeats news, November 7: Cryptocurrency analyst Ali Charts posted that the three-day candlestick chart of Bitcoin shows it has been in a range-bound box between $87,000 and $60,000 over the past year, with $73,000 being the midpoint of this box. If this key level is broken, the lower boundary of the channel around $60,000 will become a noteworthy area to watch.
In contrast, Ethereum appears to have broken out of its right-angled ascending expansion pattern on the daily chart. With the support level at $2,385 lost, if selling pressure continues, this pattern could point toward a potential drop to $1,963.
View: The technical support level for Bitcoin is at $73,000, and Ethereum has already shown signs of breaking through.
2026-11-07 10:12:58
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