Thoughts on BTC and ETH in the evening of November 6th
From the 1-hour and 4-hour charts, the momentum of BTC's rebound is clearly weakening. The price has been consistently pressed by the middle line of the BOLL, and ETH is still behaving the same, with its rises and falls closely following Bitcoin, showing almost synchronous movement. On the 4-hour chart, the trend has shifted from a previous stair-step decline to a fluctuating downward movement, with greater volatility and increased difficulty in entering the market. Currently, the downward trend has not changed, and the overall outlook
From the 1-hour and 4-hour charts, the momentum of BTC's rebound is clearly weakening. The price has been consistently pressed by the middle line of the BOLL, and ETH is still behaving the same, with its rises and falls closely following Bitcoin, showing almost synchronous movement. On the 4-hour chart, the trend has shifted from a previous stair-step decline to a fluctuating downward movement, with greater volatility and increased difficulty in entering the market. Currently, the downward trend has not changed, and the overall outlook
BTC-2.42%













