Cryptocurrency Market Update: On November 11, Bitcoin and Ethereum entered a period of volatility, with a tug-of-war between bulls and bears. Latest market analysis and trading strategies.

CN
5 hours ago

Self-discipline hides infinite possibilities in life, and its depth measures the height of life. Every step of deep cultivation has its own echo; the more disciplined one is, the farther they go. I am Fuzhu, deeply engaged in analyzing mainstream cryptocurrency trends, breaking down market logic with professional expertise, and providing pragmatic trading ideas.

Trading in the cryptocurrency market is not an overnight effort, but a long-term practice that requires patience. Do not let short-term gains and losses disrupt your strategy. As long as the direction is firm and the timing and market pulse are accurately grasped, the win rate will steadily improve. Investment is also a journey of growth, and I hope to encourage fellow cryptocurrency friends: improve while operating, review and consolidate through gains and losses, deepen risk awareness, and calibrate mental coordinates, so as to calmly avoid risks and grow into mature investors.

The foundation of trading is survival; profits are merely a natural reward. Before every trade, it is essential to examine the operational logic and the safety of the principal, refining and optimizing a personalized trading system. My advice may not help you get rich overnight, but it can guide you in the long run—only those who firmly establish themselves in the cryptocurrency market and persevere until the end can achieve their desires.

Remember, the darkest hour is just before dawn. On the road to pursuing your goals, you are never alone. I am willing to walk alongside you towards the light.

As of the time of writing, BTC's high point is around 107,500, and the low point is around 105,500. After a recent decline that touched 98,944.36, it has begun to stabilize and oscillate. Both attempts to break below the 100,000 mark have been ineffective, and it has now returned above 105,000. The upper resistance at 108,000 is still significant; if it breaks through effectively, the bulls will begin to gain strength; otherwise, it will continue to oscillate and adjust. Everyone can also seize the opportunity for high selling and low buying during the fluctuations.

On the 4-hour level, it is in a range oscillation, with MACD volume shrinking and the Bollinger Bands opening upwards, constrained by the upper Bollinger Band. It is recommended to trade within the 105,000-108,000 range; once the range is broken, remember not to hold onto past positions and choose to follow the trend. Market conditions can change rapidly, so specific operations should be based on real-time strategies.

As of the time of writing, ETH's high point is around 3,648, and the low point is around 3,552. Ethereum's recent trend follows BTC. Currently, it is also in a range oscillation; trading can be done within the 3,200-3,680 range, and aggressive traders can trade within the 3,460-3,680 range. Market conditions can change rapidly, so specific operations should be based on real-time strategies.

Disclaimer: The above content is personal opinion; the strategies are for reference only and should not be used as investment basis. Any risks taken are at your own discretion.

This article is exclusively provided by Fuzhu in the cryptocurrency circle and represents only Fuzhu's unique perspective. Please indicate the source when reprinting. Manage your positions reasonably when trading, and avoid heavy or full positions. May my analysis serve as a lighthouse in the vast sea of the cryptocurrency market, guiding your journey.

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