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Pumpkin Auntie's Ethereum Operation Suggestions and Trend Analysis: 11/5

2026-11-04 16:49:27
Shareshare
BTC and ETH operational suggestions and trend analysis: 11/5 BTC has been in a broad range of 76,000–82,000 recently, repeatedly testing support near 76,000 with rebounds, while facing resistance at 80,000–82,000. The four-hour pullback around November 3 was relatively strong, with 76,000 regarded as a short-term key support level. If not broken, maintain a low-long strategy; if broken, exit positions. Resistance on rebound is expected at 79,500–80,000. Some traders view 78,700–79,600 as a zone for profit-taking during consolidation. On November 4, BTC surged about 4% to 80,592, reclaiming the 80,000 level on the four-hour chart. However, whether it can sustainably break through the 84,000 area—where moving averages act as resistance—remains a key indicator for confirming a stronger trend. Structurally, BTC remains in a phase of oversold recovery and range-bound trading following the previous decline, without clear signs of a trend reversal. Short-term focus should be on breakout direction from the 76,000–76,600 support and 80,000–82,000 resistance zones. Within the range, prioritize high-selling and low-buying strategies, strictly controlling leverage. Analyst Shengge's trading recommendations: BTC short at 80,500–81,000, target 79,500–79,000 ETH short at 2,430–2,450, target 2,350–2,330
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