Morning thoughts on November 8th:

Bitcoin ended with a small positive star yesterday. After falling to 34500 in the evening, it fluctuated for a while and then shot higher in the early morning, reaching as high as 35900. On this basis, the bullish position we held was perfect. A shock like this is still the same. In a word, the market is changing rapidly, and the market situation is more important than anything else. Friends, make arrangements according to your own cabin, and be cautious in chasing ups and downs.

From a technical structure point of view, at the 4-hour level, as the currency price surged higher, the Bollinger Bands formed a slightly open shape, and kept running on the upper rail, and is about to break through the top. From the MACD, the bullish volume column is in heavy volume, and the three lines of the KDJ indicator are also the same. Out of the parallel pattern, the overall situation is that the lower level of 34500 is relatively stable, and the upper level is constantly sprinting to 36000, but every time it is short of breath, it once again rushed to the same level as the previous high in early trading. It can be seen that the pressure of 36000 is relatively strong, and the price has not broken It was an early low, but stabilized after repeated tests. From the perspective of Yin and Yang lines and engulfing, the trend support has gradually become more supportive. At present, there is still a certain amount of room for release above, and the market trend is also undergoing a strong correction. After the correction is completed, the currency price will probably rise again, so in the morning, I personally recommend watching a wave of correction first, and then carrying out a wave of low and long expectations.

Wednesday Monroe operation suggestions:

BTC: Long orders enter near 35000-35100, target 35700-35900, defend 34700

ETH: Long orders enter the market near 1870-1860, target 1900-1910, defend 1840#BBW2023 #BNBecosystem #BTC #BTC🔥🔥 #ETH。 $BTC $ETH $BNB