Friday Morning Strategy for Bitcoin on November 7
Last night, there was another explosive surge, reaching a new high of 117500, with Ethereum hitting 3010. However, from the current trend, there is a long upper shadow above, indicating a possible pullback in the short term. It is recommended to prioritize high positions.
Bitcoin range: around 111600-116400, target: around 1139
Ethereum range: around 2960-2970, target: around 2840