Analyst Xiao Ma's Diary: November 7th - The midday short-selling strategy for Bitcoin and Ethereum performed as expected. Short positions were entered around 102800 and 3380. Although the market didn't rally throughout the afternoon, we promptly entered short positions around 102400 and 3360, maintaining our overall trend assessment. After the market's recent downward fluctuation, reaching lows of around 100000 and 3250 respectively, the market had reached our target levels, so we took profits. Our Bitcoin and Ethereum short-selling strategy yielded nearly 2400 points and approximately 110 points of profit, with both Bitcoin and Ethereum taking off. Xiao Ma's strategies are always provided in advance, and the clarity of our previous posts has been validated.

Bitcoin Technical Analysis — Bitcoin's previous move at 100800 resulted in a $1600 move. Looking at the daily chart, the previous candlestick closed bearish, retesting the lower Bollinger Band. There was a slight rebound at the opening today. The Bollinger Bands are widening, short-term moving averages are trending downwards, the MACD fast and slow lines are crossing downwards with increasing volume, the KDJ indicator found support and turned upwards, and the VR indicator is consolidating around 60. On the 4-hour chart, after being resisted by the middle Bollinger Band, the price fell consecutively before rebounding and is currently facing resistance around the 7-day moving average. The Bollinger Bands are narrowing and flattening, short-term moving averages are trending downwards, the MACD fast and slow lines are crossing upwards with increasing volume for the second time, the KDJ indicator is turning upwards, and the VR indicator is consolidating around 80. Overall, the market is in a weak structure. The daily Bollinger Bands are widening; once the downward channel is fully opened, the market will test lower levels further. The key short-term resistance is around 105,000. If any subsequent rebounds fail to stabilize at this price, the market will not be able to reverse in the short term. At present, pay attention to the 100,000 level and the previous low around 98,000. Short-term long positions can be attempted around these two price levels. The short-term resistance is around 104,000. Bitcoin short-term: Short at 103,300, Long at 100,800 (Long at 99,600). The short position at 3450 on Ethereum traded with a difference of more than 30 dollars, but the long position at 3260 traded with a range of more than 100 dollars. Currently, the overall technical indicators on both the daily and four-hour charts are consistent with Bitcoin's trend and can be used as a reference. The short-term support is still around 3200, followed by the previous low around 3100. The key resistance is around 3500. If the price cannot break through and stabilize at this level, the short-term strategy should continue to focus on shorting on rebounds. Short-term trading strategy: Short at 3430 (Short at 3515), Long at 3278 (Long at 3180) (Click the image to see the homepage introduction for more currency analysis) — I am Zhou Yueying.

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.]

Bitcoin (BTC) Latest Market Trend Analysis (11/7): The market is currently in a bottoming phase, with prices approaching the strong support level of 98888.8 (previous low). Technically, market sentiment is trending towards equilibrium, volatility is low, and the possibility of a rebound is increasing. However, the moving average system remains in a bearish alignment, with prices pressured below the moving averages, indicating a continued weak overall trend. Weakening momentum and the appearance of an engulfing pattern provide some technical support for a short-term rebound, but the upside potential may be limited by strong resistance levels above. The market is currently in a bottoming phase, with prices pressured below the moving averages, indicating a weak trend and limited upside potential. With prices approaching the strong resistance level of 104717.2, combined with the bearish moving average alignment and neutral market sentiment, a sell-on-rallies strategy is recommended to capture short-term pullback opportunities. Xiao Ma's Trading Suggestions: Short Bitcoin (BTC) around 102800-103300, target 101500-105000; Short Bitcoin (BTC) around 3380-3400, target 3300-3260.

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.

Bitcoin/Ethereum prices have rebounded after multiple bottoming processes, and there is still room for further upward movement after any pullback. Consider buying Bitcoin around 101200-101500, with a target of around 103000-103500. Consider buying Ethereum around 3320-3330, with a target of around 3390-4030.

From a daily chart perspective, both Bitcoin and Ethereum are currently showing alternating bullish and bearish candlestick patterns, and have failed to break new lows for three consecutive days. Therefore, the probability of the market consolidating within a range after the previous analysis (which suggested an oversold condition) continues to rise. The temporary range to consider is 100,000-102,500-104,500-106,500 for Bitcoin and 3250-3350-3450-3650 for Ethereum. Until a breakout occurs, simply buy low and sell high within this range. Yesterday's short positions in Bitcoin and Ethereum were based on this range, and the market moved as expected, successfully taking profit. The upper resistance level has not yet been reached; adjustments can be made as needed. If the range is broken, a small position can be considered. Strategies are time-sensitive; please refer to the information on the homepage for specific details and private real-time guidance.

Following yesterday's successful short-then-long strategy, Bitcoin/Ethereum saw further declines overnight, prompting the establishment of long positions around 101000 and 3270. After multiple dips, the price rebounded, reaching highs of 102300 and 3360 respectively, resulting in a 90-point gain for Ethereum. All the strategies implemented over the past few days have been publicly disclosed. Congratulations to those who followed the strategy and profited once again.

November 7th Bitcoin and Ethereum Morning Trading Strategy! Buy Bitcoin at the current price of 101,000-101,500, target 102,500-103,500, stop-loss at 100,000! Buy Ethereum at the current price of 3,310-3,330, target 3,400-3,480, stop-loss at 3,240! These strategies are time-sensitive; please refer to private real-time guidance for specific details! See my profile for more information!

Our strategy of placing long orders on Bitcoin and Ethereum in the early morning was successful. Although the price rebounded instead of continuing to fall, it didn't reach our entry point. However, we entered long positions near 3270 and precisely took profit at 3350 in the early morning, securing nearly 80 points and exiting the position decisively.

Bitcoin/Ethereum has fluctuated throughout the day, breaking through lows in the evening, reaching as low as 101500 and around 3275 so far, with some further downward potential in the early morning. Our strategy today was to short first and then go long, entering short positions around 3460 in the morning and going long around 3350 in the evening. The long positions also made several attempts to break through the 3400 level, resulting in decent overall gains, as mentioned in previous posts. Currently, the overall trend is weak, with support levels to watch at 100500 and 3230 on the 4-hour chart. On the daily chart, the price has fallen from its highs, forming consecutive bearish candles, indicating a clear downtrend. On the 4-hour chart, the price has been consolidating after the sharp drop, currently trading within a narrow range and failing to break through key resistance or support levels. Technically, the 4-hour MACD histogram has turned positive but remains below the zero line, indicating weakening bearish momentum but not a complete reversal. The daily MACD continues to diverge downwards, indicating that bears are in control. However, the market has already retraced somewhat, so there's no need to chase the short position. Wait for the overnight pullback to enter a long position. Overnight trading strategy: Bitcoin: Buy at 99800-100400, target around 102600; Ethereum: Buy at 3240-3260, target around 3360. [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.]

Bitcoin and Ether Market Latest Price Analysis (11/7): The market is currently in a clear downtrend. Technically, the moving average system is in a bearish alignment, and increased trading volume indicates intensified selling pressure, limiting the potential for a short-term rebound. Although the price is approaching the strong support level of 98888.8, the conflict between price-volume divergence and the hammer candlestick reversal signal reduces the credibility of a rebound. The effectiveness of the support level needs close monitoring. The market is currently in a consolidation phase, with the price approaching the strong support level of 98888.8. Considering the historical effectiveness of the support level and the neutral market sentiment, a strategy of buying on dips near the support level is a reasonable short-term trading strategy. Xiao Ma's Trading Suggestions: Buy Bitcoin around 99500-100000, with a target of 102000-103000. Buy Bitcoin around 3220-3240, with a target of 3320-3360.

The strategy given early yesterday morning advised shorting Bitcoin at 104,000-104,500, with a target of 102,500-101,500, and shorting Ethereum at 3,450-3,480, with a target of 3,350-3,250. A drop occurred last night near the first target level, prompting a recommendation to take profits conservatively, or reduce positions aggressively and hold for further downside. The second target level has now been reached, resulting in precise profit-taking for the short positions! Strategies are time-sensitive; please refer to the information on the homepage for specific details and private real-time guidance.

We entered short positions on Bitcoin and Ethereum at 103,000 and 3,380 respectively, and the price continued to fall as expected. We took profits on Bitcoin around 101,600, securing 1,400 points of profit. Ethereum's target of 3,300 was reached, yielding 80 points of profit. Our strategy, as outlined in previous posts, was clear and effective.

Short positions were entered for Bitcoin/Ethereum around 103300 and 3410 in the evening, and the price is currently around 102150 and 3320, respectively, showing decent potential gains. The recommended strategy for the evening is to go long on Bitcoin around 102000-102300, with a target of around 103500-104000, and go long on Ethereum around 3320-3330, with a target of around 3400-3440.

Short Bitcoin around 103,000, target around 101,500; short Ethereum around 3,380, target around 3,300.

Bitcoin and Ethereum trading strategies given in the early morning of November 6th: Bitcoin: Short at 103500-104000 with a small position, target 102500-101000, add to position at 104500, stop-loss at 106000! Ethereum: Short at 3390-3410 with a small position, target 3320-3250, add to position at 3450, stop-loss at 3520! The market action only became clearer in the evening; conservative traders can take profits on their short positions now! Strategies are time-sensitive; please refer to private real-time guidance for specific details! See my profile for further discussion!

Bitcoin and Ethereum trading strategies given in the early morning of November 6th: Bitcoin: Short at 103500-104000 with a small position, target 102500-101000, add to position at 104500, stop-loss at 106000! Ethereum: Short at 3390-3410 with a small position, target 3320-3250, add to position at 3450, stop-loss at 3520! The market action only became clearer in the evening; conservative traders can take profits on their short positions now! Strategies are time-sensitive; please refer to private real-time guidance for specific details! See my profile for further discussion!

Our afternoon long positions have reached their entry points. Those who haven't entered yet can go long now. This support level is a no-brainer; go long immediately. Bitcoin at 102500, target around 104500. Ethereum at 3350, target around 3450.

Long positions in Bitcoin/Ethereum have been entered this evening; please refer to the recently released strategy analysis.