Evening Thoughts on November 4
Currently, a wave-like adjustment is forming at the 4-hour level, with bullish rebounds repeatedly facing resistance at the 4-hour midline. At the beginning of the week, we continue to look for a continuation of the pullback, with the daily midline and the 4-hour midline serving as the critical lines for adjustment. Below this position, we continue to look for a pullback; if this position is reclaimed, adjustments can be made in real-time.
Operation Suggestions:
For Bitcoin, short near 69000-69300, targeting 68200-67500
For Ethereum, short near 2480-2500, targeting 2450-2430