November 9 Market Analysis

Overnight Bitcoin once again broke the high, reaching a peak of 77200, and is currently back at the 76400 level. Recently, the outlook has been bullish, not fearing heights, and the market has very much met our expectations. Continuing to be bullish during the early morning also provides a certain level of price increase with short-term fluctuations trending upwards, indicating strong continuity in the bullish structure.

Overall, the trend has not provided much space for pullbacks. In a strong rhythm, just participate accordingly! A pullback is an opportunity to go long.

Trading Suggestions

Go long around 75600 for Bitcoin, with a target of around 77000; if it doesn’t hold, go short.

Go long around 29200 for Ethereum, with a target of around 30500; if it doesn’t hold, go short.