Morning thoughts on November 4th

CN
段辰北
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17 hours ago

The short-term momentum has formed a clear dominant trend. If the downward trend continues, the market is very likely to start a new round of correction; even if a technical rebound occurs, one must remain vigilant about the risk of a weak rebound followed by another dip. Overall, the market has entered a fluctuating downward channel, and yesterday's significant decline further strengthened the short-term atmosphere. In terms of operations, one can trade on the rebound.

Operation Suggestions

Bitcoin: 106900-107900 range, target 106000-103000, stop loss at 108800

Ethereum: 3680-3760 range, target 3580-3300, stop loss at 3860

(Personal opinions are for reference only; everything is subject to actual trading!)

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