Trader Gu Jingci: Bitcoin/Ethereum Trading Strategy for November 10th with Market Analysis

After the initial rapid decline, Bitcoin/Ethereum have been consolidating in a sideways range, repeatedly testing lower levels before rebounding and showing clear signs of stabilization. The previous key support/resistance zones at 73,000 and 2,050 have demonstrated strong support. However, short-term price action is expected to remain range-bound. As long as the support holds, another rebound is likely. After reaching resistance near 76,000–76,500, there may be repeated pullbacks to test whether the support remains valid, potentially leading to a second test of the bottom. Therefore, short-term price will continue to oscillate without a breakout. No breakout treatment should be applied until a clear break occurs. Trading suggestion: Enter long positions for Bitcoin around 73,800–74,300 with a target near 75,500; enter long positions for Ethereum around 2,090–2,110 with a target near 2,160. Key support levels are 73,000 and 2,050. Analysis and strategies are for reference only; risks are borne by the individual. The article may not reflect real-time data—please refer to live market conditions for accuracy.