11.7 Thursday Silk Road Analysis and Operation Suggestions:

Bitcoin: 74900-75300 range, Target: 76400-76900

Ethereum: 2680-2690 range, Target: 2750-2780

Currently, from the hourly chart observation, after a price surge, a pullback trend has emerged, and the Bollinger Bands are gradually narrowing. On the candlestick chart, a small solid bullish candlestick and two small bearish candlesticks form a combination, indicating that the market is undergoing a pullback near the mid-line area.

On the 4-hour chart, however, two long solid bullish candlesticks and a doji candlestick indicate a strong trend, the Bollinger Bands are widening, and both fast and slow moving averages show an upward trend, indicating that the market's upward momentum has not yet been fully released. Therefore, in the short term, we should remain vigilant and pay attention to potential market pullbacks and the dynamics of low points. $BTC $ETH #比特币行情