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Views on BTC and ETH on Monday, November 3. Good afternoon, at the beginning of the new week, the market still cannot break through the key pressure position of 1118. In the morning, it only retreated around 1300 points of rebound space when it stepped back near 1094. The price fell rapidly after the daily line closed at 8 o'clock, and the overall rebound cycle of the market was very ugly. The only thing that can be seen is that the strong support of the daily line 106 has not been broken. Once 106 falls below the daily line, it will also enter the decline stage. The continuation of the decline can be seen around 1035-1020, but it may not arrive so quickly. There is no known negative news on the bright side, and on the bullish news side, it is more likely that the technical indicators will still fluctuate and repair in the short term, so do not chase the rise or fall before there is an obvious trend. The only thing you need to pay attention to is to see if there can be a rebound after the second test. However, if you want to recover from the four-hour rebound, you still have to break through at least 1098-1108. Before breaking through, just close to the 1098-1108 range during the day and follow the trend. The defense is 1115. The short-term target supports 1070-1060. Whether you want to rebound in this range depends on you. ETH's daily important support is near 3675. The two-piece pie will always be oversold and may fall below. It will be subject to the physical fall below which cannot be recovered. To test the continuation of the fall below, we have to look at 3600-3500-3400. If the intraday rebound does not break through 3860-3920, the rebound cycle of the previous four hours cannot be recovered. Kongdan is close to these two positions to ambush, and the short-term target supports 3700-3650. It depends on you whether you want to bet on the rebound here. There may be some deviations in the points, and the actual prices are mainly for reference. My name is Yaoyang. If you like me, please pay attention.  |
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