BTC ETH latest market trend analysis: On 11/3, the market showed a clear downtrend within the 4-hour cycle, with technical signals indicating a weakening market momentum but still remaining weak. The classic Candlestick pattern "Three Black Crows" combined with the moving average system's short positions creates a strong bearish resonance, suggesting that the market may further decline. However, the RSI indicator is in a neutral zone, and the market sentiment indicators show that prices are in a low volatility Oversold state, which may limit the extent of the drop in the short term, necessitating attention to the performance of key support levels. Given the current market's obvious downtrend and the moving average system's short positions, it is advisable to adopt a strategy of shorting near the main resistance levels, in line with the trend and reducing risk. The suggested operation by Xiao Ma is to enter with a Light Position for shorting.


Shorting BTC around 107500-108000, target near 106000.
Short near 3730-3760 on ETH, target around 3600 #Gate新一期储备金报告出炉 #十二月降息预测 #比特币价格分析
BTC-1,26%
ETH-2,21%
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