11.7 Bitcoin and Ethereum Trend Analysis!
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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.
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