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Pancake Yitai Fang's operational suggestions and trend analysis: 11/2

2026-11-02 04:55:12
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BTC and ETH operational recommendations and trend analysis: 11/2 In the past 4-hour timeframe, divergence signs appeared earlier, but the rebound failed to gain volume or break through resistance, with insufficient bottoming signals, so a strong rebound cannot be supported. Overall, it has shown a pattern of oscillating downward within a channel, with rebounds encountering resistance each time. Before effectively breaking above 82,000 or falling below 76,000, the 4-hour timeframe is better managed with a range-trading strategy: consider a slightly bearish stance near 81,500–82,000 resistance, and a slightly bullish stance near 79,000–80,000 support; if key support breaks, exit with a stop-loss. From a medium-to-long-term perspective, if the rebound fails to break through 83,000–85,000, the next target could be around 75,000. Analyst Shengge's trading suggestions: Short BTC at 78,500–79,000, target 77,500–77,000 Short ETH at 2,310–2,330, target 2,250–2,230
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