Evening Outlook on November 5:
The four-hour chart of Bitcoin shows that the market is in a strong upward phase, but the price is approaching the upper Bollinger Band, which may create resistance and lead to increased volatility. The bullish momentum has significantly weakened, and the market is entering a phase of adjustment or consolidation. Close attention should be paid to the performance of the resistance level around 105600. In the evening and next week, it is advisable to follow the trend and go long at lower prices.
Trading Suggestions:
Long at 103800-104300, target 105500-106500, with a stop loss at 103500.
For Ethereum: Long at 2480-2510, target 2600-2700, with a stop loss at 2450.
(Note: Market conditions change rapidly, for reference only!)
