#美国ADP就业数据表现超出市场预期 Market observation for the evening of November 11:

$BTC The four-hour chart shows that after rebounding from the lower band and touching the middle band, the price attempted multiple times to break above the upper band but failed. This rebound looks lively, but the trading volume has not kept up—typical false rally. The divergence between volume and price often indicates that the upward movement lacks sufficient capital support, and the current phase is a consolidation under the upper band that is weakening.

If you're waiting for an entry point, you can watch the 106,000-107,000 range. The pullback could first reach 104,500, and further decline might touch around 103,000.

For ETH, the 3600-3650 zone is a key observation window, with support levels at 3500 and 3450. Market sentiment is cautious, and short-term volatility may increase. Both technical and capital indicators are signaling, but the next move depends on whether trading volume can truly be unleashed.