11.1
BTC
A new month has begun. Since 2013, the average return rate of Bitcoin in November has been +42.49%, with a median return rate of +8.81%. In the past 12 years, November has seen 8 up and 4 down. Furthermore, since 2016, the average return rate of Ethereum in November has been +7.08%, with a median return rate of +3.94%. In the past 9 years, November has seen 5 up and 4 down. The overall strategy for Bitcoin at this position remains unchanged; as long as it does not break 106500, there is an opportunity. If it breaks, the time period for this market adjustment will likely be extended. Currently, it is also fluctuating here, so as long as this position does not break, we should pay attention to short-term bottom opportunities. Since these two days are the weekend, it is likely to be dominated by fluctuations, with support at 106400-103000 and resistance at 111200-113400.
ETH
The situation for Ethereum at this position is the same. The position at 3710 has not been broken; it has been building a bottom here. The strategy remains unchanged; as long as this position does not break, it will build a bottom. We should also pay attention to short-term opportunities. I still maintain my view that on the weekly level, there should be one more pullback. After the pullback, it will likely end, so looking at the day, it will still fluctuate around 3710 to 4060, with support at 3710-3380 and resistance at 3980-4060.
SOL
Solana's fluctuation range is also between 176 and 190. If it breaks below 176 and rebounds, it’s a signal to exit. If it does not break, we can pay attention in batches.
