11.12 Afternoon Analysis and Trading Suggestions #btc7772

Bitcoin is currently in a consolidation period after reaching its peak, with the one-hour support level at 88000. If this support level is broken, the price may pull back to 86600, 86000, or 84000; if this support level holds, the target price may rise to 90000. Once it breaks through 90000, it may continue to climb to the 95000 - 96000 range.

Ethereum is currently experiencing a one-hour level pullback, with the price having dipped to the four-hour support level of 3250. The key retracement price is 3293, with upper target resistance levels at 3393 and 3530. If the price breaks below 3292, it may test the 3250 support level again; if this support level is breached, investors holding long positions may consider reducing their positions or exiting the market. The lower retracement support levels are 3113 and 2991.

Both Bitcoin and Ethereum are at critical price points, so be sure to closely monitor market dynamics, manage your positions wisely, and prepare for profit-taking and stop-loss measures.

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