Recently, Tan Sen's order status can only be described as awesome, and fans have realized a turnover. In the final sprint at the end of the year, it is always right to follow the trend, but you must know how to stop and wait in time, because the last bite does not belong to the steady ones. There is no gorgeous language, only a steady pace.

November 2nd Afternoon Thoughts:

After a full weekend of rest, it can be clearly observed on the four-hour price chart that the K-line initially started a small downward trend, sliding directly down to the area below the middle band of the Bollinger Bands. However, the situation then changed dramatically, with the K-line rising sharply and decisively crossing the middle band.

In terms of short-term market conditions, there is extremely strong support below the price level. At the same time, the Bollinger Bands are in a contracting state, and there are currently no significant signs of a reversal. Therefore, the support below is solid and reliable. In terms of current operational strategy, the short-term coin price has encountered resistance multiple times around 97600, which has temporarily formed a short-term top. The support level below is around 95500, which has been tested multiple times since the weekend without breaking. The MACD shows weakening bearish momentum, with the DIF and DEA approaching the zero axis but still in the negative zone, so we need to pay attention to whether a golden cross will occur. The RSI hovers around 50, indicating that the market does not currently have clear overbought or oversold signals. The EMA7 and EMA30 moving averages are merging, while the EMA120 is far below the current price, indicating that the long-term trend remains upward, but there is still a need for a pullback in the short term. In terms of operations, continue to treat it as short-term fluctuations, engaging in high selling and low buying around the resistance and support levels.

Continue to short BTC at 97600-98000 Targeting 95400-95600
Short ETH at 3720-3750 Targeting 3620-3640

#NFT市场回暖 $ETH $BTC #ETH持续飙升 #ADA、ENA大额解锁 #XRP市值重回第三 #XRP解锁新趋势