Xiaoyao LOL: Bitcoin and Ethereum Afternoon Market Analysis 11.7

Bitcoin's daily chart shows significant recent price volatility. On the 4-hour chart, the current candlestick shows a slight upward trend, with the latest closing price higher than the previous one, indicating short-term stabilization. The MACD histogram has turned from green to red, and while the DIF is gradually rising, it remains below the DEA, suggesting weakening upward momentum. The EMA7 and EMA30 are far apart, and short-term moving averages are trending downwards, as are medium- and long-term moving averages, indicating the overall market remains in a downtrend. Intraday trading recommendations are to enter positions on rallies: Bitcoin around 103,000-103,500, with a target around 101,000; Ethereum around 3390-3420, with a target around 3300. However, market conditions are constantly changing, and this article is time-sensitive. Those entering positions should refer to real-time guidance.