Tuesday, November 5.6, bottom fishing rebound, continue to buy on intraday pullbacks

Bitcoin experienced a certain decline in the early week trend.

The price of the coin tested the 93500 area twice without breaking through.

Strong support below, currently gradually rebounding upward.

In the short term, it has reached the 95200 area, and the upward trend still exists.

Yesterday, a buy recommendation for Bitcoin was given at 93700-93500 to look bullish.

The market lived up to expectations, and both times it reached this area resulted in rebounds.

Buying long also captured a certain profit margin.

Currently, there are obvious bottoming signals on the 4-hour chart, and the market has started to rebound.

After a brief pullback, it has halted upward, showing a clear bottom fishing rebound action.

The daily upward structure remains good, and bullish sentiment still exists.

Therefore, in operations, continue to maintain a low long approach!

Tuesday morning, it is recommended to buy Bitcoin near 94500-94000, with a target focused on the 96000-98000 line.

Tuesday morning, it is recommended to buy Ethereum at 1800-1780, with a target focused on the 1900-2000 line.