Yesterday evening, BTC fluctuated and rose, warming up. This week's weekly K-line closed up, continuing last week's recovery pattern, with strong bullish momentum. However, the technical aspect is still in the recovery phase and has not yet formed a clear bullish trend, facing significant resistance in the short term.
Today's operations focus on high short layouts and watching for pullbacks. Do not blindly chase long positions for now. Wait for confirmation that the market has not continued its downward trend and for signs of stabilization before deciding to lay out long positions, prioritizing risk management.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$ETH 11.10 Morning ETH Analysis
Yesterday evening, BTC fluctuated and rose, warming up. This week's weekly K-line closed up, continuing last week's recovery pattern, with strong bullish momentum. However, the technical aspect is still in the recovery phase and has not yet formed a clear bullish trend, facing significant resistance in the short term.
Today's operations focus on high short layouts and watching for pullbacks. Do not blindly chase long positions for now. Wait for confirmation that the market has not continued its downward trend and for signs of stabilization before deciding to lay out long positions, prioritizing risk management.
Operation suggestion: trade in the 3680-3700 range, target 3600-3580#GateWeb3LaunchpadBOB上线