Morning Outlook for November 5th:
The recent price of Bitcoin is in an upward trend but has shown fluctuations, which may face pullback pressure. On the 4-hour chart, the K-line pattern has formed a doji and a double top, along with the weakening of MACD momentum, indicating that the market may form a short-term top and begin to adjust. Support levels are at the midline of the Bollinger Bands at 102150 and the low point of the horizontal bottom pattern.
Operation Suggestions:
104800-104500🈳, Target 103200-102500, Stop-loss at 105000
For Ethereum: 2580-2550🈳, Target 2450-2400, Stop-loss at 2600
(The market is rapidly changing, for reference only!)
