11.8 Friday Market Analysis:

Bitcoin rose to around 76100 after moving up to about 75600 during the noon and then fell back to around 75700. It later rebounded to around 76200. Currently, it is oscillating near 75900. The overall range is oscillating between 75600-76200. Ethereum is oscillating in the range of about 2890-2925.

From the current four-hour structure, Bitcoin's energy is decreasing, with attention on around 78000 above and around 74500 below. From the current one-hour structure, Bitcoin's momentum is gradually decreasing, with attention on around 76500 above and around 75500 below. On the daily level, the weekly K-line shows increasing momentum, with still room above.

Evening trading suggestion:

For Bitcoin, look for a pullback to about 75700-75500, aiming for around 76500-76800. If it breaks through, continue to look towards around 77500.

For Ethereum, look for a pullback to about 2900-2880, aiming for around 2960-2980.

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