Liang Qiu: Bitcoin/Ethereum Long and Short Positions Continue to Profit (with Latest Analysis) - November 7th

Yesterday's Bitcoin/Ethereum long and short strategies all resulted in perfect profits, and all were publicly available. Currently, the market is consolidating after a rally. The daily and 4-hour charts show signs of bottoming out after multiple tests, but the hourly chart still has some room for pullback. The market was volatile during the daytime session, and the trend is showing signs of a further shift from weakness to strength. The overnight dip did not break the upward continuation pattern. Going forward, watch the 100,000 level (last night's low) and the important support level at 3240. In terms of candlestick patterns, after a recent sharp decline, the price has gradually stabilized and rebounded, currently in an upward trend. The previous high of around 3480 forms a strong resistance level, while the current price of around 3350 is close to the support area of the previous swing low of 3300. Technically, both the DIF and DEA are negative but showing signs of convergence, indicating weakening bearish momentum and a potential short-term rebound opportunity. Intraday, consider going long on pullbacks. Those who followed our strategy recently have seen excellent overall profits, which is clearly evident. Today's latest trading strategy: Buy Bitcoin around 101000-101500, with targets around 103000-103500-104000; Buy Ethereum around 3300-3330, with targets around 3390-3440-3480. [The above analysis and strategies are for reference only. Please bear your own risks. Article review and publication are not timely; please refer to real-time information.]