Director's 1248th original daily market analysis

 2023 .11 .7

1. Market sentiment:

 

2. Chart structure:

1、#BTC🔥🔥

#BTC🔥🔥  4H structure:

​       Currently, the Bitcoin price is already a 4H center and is still oscillating. No direction is seen for the time being.

​      However, judging from the OBV, there is currently a small-scale outflow of funds, but the outflow is not much, and the overall problem is not big. We still need to continue to observe in the future. The current trend is that the big cake is shaking and the cottage industry is starting to perform.

#BTC🔥🔥 Structure of 15F:

​      Currently, both the 1H structure and the 15F structure are in the process of central oscillation, with the large center containing the small center. The current trend is relatively good.

​      Let’s see if it can finally break through the 3.6W position above. If it can break through, then the overall trend will be relatively good, and it will be able to continue to rise in the future, so there is still hope.

​

#ETH：

#ETH Structure of 1H:

​      The performance of Auntie is still good, at least it is much stronger than the big cake, but in the short term, we can see that there is a 1H top divergence here, that is, a 1H intraday divergence. In the short term, the possible choices may be a correction or a volatile trend, and the upward space will become limited. Auntie’s overall idea is the same as what I said yesterday.

 
4. Warm Tips
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