2025.11.3 10:14 AM BTC/ETH Market Analysis
Today officially marks the start of this month's trading. Don't trade without insurance. Give the market some time today. If you're not quick enough and greed won't subside, then patiently wait for the market to move!
BTC Support: 106750/102400
Resistance: Tentatively set at 113833/115878/117924
Don't be overly FOMO-driven at this moment. A new month and a new week require a beginner's mindset. Don't rely on preconceived notions. Adapting to market changes is what you need to do now. With the non-farm payrolls report not being released at the beginning of the month, there's not much data. Therefore, focus entirely on indicators and market sentiment. For a safer approach, definitely add stop-loss orders! Don't rely on luck!
ETH
Support: 3719/3400
Resistance: 4100/4236/4464
The price touched the key level of 3917 a couple of times over the weekend and has now fallen back to the lower edge of the Friday-Saturday consolidation range. If it fails to hold, it will continue to test support. If it holds, it will likely consolidate until the evening, awaiting the direction of North American market players.
Trading Strategy: In short: Trading without protection is risky. Contracts should only be traded with protection. For spot trading, it's recommended to buy in batches during sharp drops and price spikes, focusing on relatively stable options like Bitcoin, Bitcoin 2, Solona, Dogecoins, and Litecoin.
From a sentiment perspective, historically, November to the end of January has seen good market conditions. We'll see how this year's market unfolds, and whether a major crash can occur between the 13th and 15th of this month to thoroughly shake out weak hands and trigger a new wave of Christmas and New Year's market activity.
From an indicator perspective, the monthly chart shows three consecutive months of decline and two consecutive months of decline with the "Three Black Crows" pattern, indicating a weak monthly trend. The weekly chart also shows a bearish trend, so patience is key; avoid impulsive trading. Short-term indicators generally suggest that buying opportunities on Monday mornings don't appear until the evening; give the daytime decline time to develop! Shorting on Monday morning's surge is a timeless weekend strategy!
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