Ethereum bluffs, Bitcoin continues to surge while consolidating! Analysis and layout for Bitcoin Auntie’s evening market on 11.11

The intraday coin price is in a consolidation trend, Ethereum is in a fluctuating trend, and the bullish strategy provided intraday perfectly aligns with the market trend. When the coin price dropped to 3100, I didn’t pay attention and chased a wave of longs near 3160, securing 44 points. Bitcoin's intraday pullback was not significant, and it reached a new high again this evening, currently touching the 82500 line, with bulls exceptionally strong!

From a technical perspective, last week the daily chart surged over 13000 points, and Ethereum also rose over 850 points, with bulls exceptionally strong. The Bollinger Bands are expanding, and the coin price has broken above the upper band, running above it. The auxiliary indicators KDJ and MACD are both showing golden crosses and diverging upwards, with volume significantly increasing. Bulls are exceptionally strong!

Under the influence of such significantly positive news, going short is truly counter-trend, so Conan suggests everyone set small stop losses to seek opportunities! A pullback and halt means it's time to enter long! Market sentiment is high, and major institutions are frequently entering the market looking for new highs, we just need to follow the trend and hold our chips!

11.11 Bitcoin evening and early morning operation strategy: Enter long on a pullback at 80600-81000, with a stop loss around 80000, targeting 81500-82000-82500. If it breaks, hold and look for 83000-84000.

Try shorting at 82700-83000, with a stop loss at 83400, targeting around 82500-82000-81500-81000.

11.11 Ethereum evening and early morning operation strategy: Enter long on a pullback at 3100-3130, with a stop loss at 3050, targeting around 3180-3200-3250. If it breaks, look for 3300-3350-3400.

Try shorting at 3250, with a stop loss of 40 points, targeting around 3200-3150.

Whether it's a bull or bear market, as long as you grasp the timing of entry and exit, you can eat 🥩 to break even, villas by the sea, so what we need to do is to follow the trend. Conan has been in great shape recently, going long all the way and adjusting positions. If you don't understand or choose the wrong points, you can follow the strategy and charge together!