Afternoon Market Analysis: Released at 14:00 on November 12

Yesterday, the market moved north around the 3500 level but was swept away, retracing by double. This morning, it re-entered around the 3400 level. Currently, there is a double profit, and we are watching whether the 3480 resistance is strong. Many military traders never give up. Everyone should follow the eagles and hawks, watch more live streams, and I recommend everyone learn Brother Ying's trading philosophy. I will occasionally prepare course materials to give everyone welfare courses. If you like the host, follow us and observe whether it’s worth subscribing! Thank you all for your support!

First, let's look at Bitcoin. Yesterday midday, the market released a strategy but did not touch the 106400 level. As US stocks opened, they plunged from around 105400 to 102400. Yesterday, based on the 4-hour chart, I mentioned that if it broke below 104800, we should watch whether 102000 could hold support. This morning, the daily close was at 103027. The daily structure hasn't changed much. In the short term, the outlook remains bullish, aiming firmly for around 110000. On the 4-hour chart, key levels above are 104549-107016, and below are 101805-99507. During the day, focus on repair, and it’s better to buy low. Operation suggestions are to go north around 102871-102067, with a stop loss at double the position.

Second, ETH’s daily chart trend is synchronized with Bitcoin, so I won’t elaborate further. This morning, I suggested entering around 3400 to go north. Expect a rebound of 60-100 points during the day. Below the daily key level, focus on 3282; above, focus on 3580. On the 4-hour chart, the upper levels are 3488-3687, and the lower levels are 3327-3151. Operation suggestions are to go north around 3420, with a stop loss of 30 points. Good luck to everyone!