November 3 BTC market analysis and operation suggestions

Nakamoto 2025-11-3 12:48 76229人围观 BTC

According to BTC transaction data, the price of BTC is approximately US$109,026, with an overall decrease of 0.91% in the past 24 hours. Currently, BTC is in a relatively narrow range, falling back from its highest point of $111,250.01 to its current pric

According to BTC transaction data, the price of BTC is approximately $109,026, with an overall decrease of 0.91% in the past 24 hours. Currently, BTC is in a relatively narrow range, falling back from its highest point of $111,250.01 to its current price. At the same time, large transaction data shows that selling power and buying power are basically balanced.
▍Today’s entry point
Potential entry area: BTC is approaching the important psychological support price around 1082000~109200. The lower Bollinger Band and RSI are in an oversold state and are in a low chip-intensive area, which means that this position may become a short-term low-suck opportunity.

▍Take profit point suggestions

The first target: $110,000. The resistance zone is predicted based on the distribution of chips. When this price is reached, you can choose to partially reduce your position to lock in profits.

Second target (after stabilization): 111,250~111,500 US dollars. If BTC breaks through and stabilizes above 110,000 US dollars, you can continue to observe the strength of the push, and set the next target near the local high of 111,250 US dollars, and further expand the target to 111,500 US dollars.

▍Stop loss point suggestions

Forced exit point: below 107800. Once the price continues to fall below 107800, you should exit in time to avoid the risk of more losses.

Short-term fast tracking stop loss: If the market dives instantaneously, it is recommended to stop loss at the $108,300 level to effectively lock in losses and reduce position risk.

Risk warning

Today's entry opportunity is suitable for short-term operations, mainly fast in and out within the range. In addition, it is also necessary to pay attention to the market sentiment displayed by large transactions. There is currently no obvious direction in the balance of main funds buying and selling, but the net inflow throughout the day shows that there is still some support in the short term.

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