2023.11.4 BTC/ETH market analysis:
The market is still fluctuating widely in the sideways area. The support level in the sideways area of the market is near 34,000, and the support level in the Ether side area is near 1,770. The pressure level in the sideways area is still the previous high. If you want to continue to rise or fall, you must break through the sideways area or fall below the sideways area with force to get out of the direction. Before you get out of the way, you can do both long and short positions, and do a moving take profit!
Today’s order ideas:
Ether has risen through last night's wave. At present, the 1/2/4 hour including the daily line has entered the long direction. Wait for it to go long near 1825-1810. The upper target is near the two positions of 1860-1876.
The current trend of the market is weaker than that of Ether. The current 1/2 hour is a rebound market. Pay attention to the position of 34760, which is both the pressure level of the 1/2/hour rebound and the 4-hour long and short price. If it stands firm and does not break, this wave of 4 The hourly correction ends and begins to rise, with the upper target at 34940-35200. If the market continues to pull back, the lower support is near 34450-34120#BTC #ETH: