Trader Liang Qiu: 11.6 Bitcoin/Ethereum Trading Strategy with Market Analysis

Bitcoin/Ethereum experienced a back-and-forth fluctuation from last night to the morning session due to news, with Bitcoin even surging to around 71400. Currently, it's not possible to chase long positions; instead, we will watch for resistance and a pullback in the range of 71500 to 72000, while keeping an eye on the 69000 level below. The short-term rally is quite strong, largely driven by news stimulation, and once the news settles, it could lead to a messy situation. However, it's important to manage positions well in this news-driven market and pay attention to the waves. Currently, there has been a significant short-term increase in the market, so we should focus on resistance and short positions, with proper stop loss management.

Current Bitcoin price is around 71300, entering short positions directly with a target near 69300; Ethereum is currently around 2505, entering short positions directly with a target near 2410, and setting stop losses at 2540 and 72000 respectively. #美国大选后涨或跌？ #美联储利率决议来袭