Evening Market Analysis and Strategy on November 6

From a technical structure perspective, after the weekly doji star continuation signal, it has continued to break through the previous high, temporarily encountering resistance near 110650. However, the overall bullish breakout trend remains unchanged. The small cycle has now entered a corrective rhythm, and the stagnation observed yesterday and today is considered a technical correction, not altering the upward trend. The core logic is not that we see an upward trend only when prices rise, but that we should follow the trend after confirming a breakout. It is expected that after the correction and consolidation, the technical aspect will continue to release momentum for a breakout. Subsequently, the focus will remain on the upward trend for long-term tracking, with flexible responses in the short term: pay attention to the short-term resistance at 110700 above; if it does not break, look for opportunities for short-term pullbacks; for Ethereum, pay attention to the resistance at 2860; if it does not break, look for opportunities for short-term pullbacks.

Operational Suggestions

Bitcoin: Range of 109000-109200 for upward movement, target at 110500

Ethereum: Range of 2740-2750 for upward movement, target at 2800#比特币 #以太坊ETF