BTC and ETH trading suggestions and trend analysis: 11/7
The core debate between bulls and bears currently centers on whether the $75,000 support level can hold: Analyst Shengge believes daily indicators are overbought and the short side is dominant, suggesting a short entry near $77,600–$78,000 during a rebound, with targets down to $75,000 or even $72,000. Others argue that $75,700 has already shown signs of support, indicating a potential short-term bottom, and the rebound could extend above $79,000.
Key price levels (summary of analyst views, not a consensus):
Resistance levels: $77,600–$78,000 (4-hour middle band pressure zone), $79,000–$79,220 (confirmed 1-hour rebound level)
Support levels: $75,000 (frequently mentioned key psychological and technical level), $72,000–$73,000 (deeper correction target zone)
Analyst Shengge's trading recommendations:
BTC short at $7,600–$7,650, target $7,500–$7,450
ETH short at $2,250–$2,270, target $2,190–$2,170
Operating recommendations and trend analysis for Big Pancake Aunt Ethereum: 11/7
2026-11-07 10:23:34
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