Liang Qiu: 11.14 Bitcoin/Ethereum evening operation suggestions with market analysis

Since the high point yesterday, Bitcoin/Ethereum has seen a very weak overall trend, with the lowest points reaching 95800 and 3100 respectively, only a line away from the previous weekly and daily level lows of 94000 and 3050. Even if the market continues to explore the bottom for support here, there is no need to chase short positions. The daily candlestick pattern shows that the price has been continuously declining recently, forming a series of bearish candles, with the lows being refreshed repeatedly, presenting a weak pattern.

In the four-hour cycle, there was a rapid drop from the high of 3560 and around 105000. After the sharp decline, there has been a period of consolidation, but there has not been an effective rebound, and the overall trend is still downward. The MACD histogram on the four-hour cycle continues to expand below the zero axis, with the fast and slow lines diverging downward, indicating that bear strength is dominant. The daily MACD is also in a death cross state, continuing the downward trend. However, from another perspective, the previous low point of Ethereum at the 3050 level also has significant support. Bitcoin is expected to first test the support at 95000, then at the 94000 level.

Evening operation suggestions: Buy Bitcoin near 95500 to 96000, target around 97500; Buy Ether near 3100 to 3130, target around 3220.

[The above analysis and strategies are for reference only. Please bear the risks yourself. The article review and publication do not have timeliness, and specifics are subject to real-time conditions.]##Gate10月透明度报告出炉 #CoinDesk10月Gate战绩来袭 #美国结束政府停摆