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11.10 BTC ETH midday analysis:
The four-hour chart of BTC shows a double bottom pattern forming, with a short-term upward structure established, demonstrating strong performance in the market. As long as it remains steadily above the 105000 level, the bullish momentum still has room to continue.
In the context of a market recovery, accurately grasp support and resistance levels, and flexibly switch between long and short positions to take control.
However, the rise is not without limits, and the bears still have opportunities for a showdown! The key resistance zone to watch above is around 109000; if it breaks and holds, it will be time for a northern expedition.
Suggestion:
BTC: A pullback to around 105000-105700 can be a good opportunity to lay out a position, with an initial target of 107600, and if that level is broken, then look towards 109000;
Two cakes: A pullback to around 3500-3560 can be an opportunity to go long, targeting 3700-3750, and after breaking that, aiming for 3800.
#比特币价格分析 #加密市场观察 #eth