11.3 Ruoxi’s BTC and ETH Outlook

After BTC’s sharp drop, it has entered a consolidation phase. Weekly candles have closed lower for several consecutive weeks, with price retreating from 87,000 and now chopping back and forth in the 76,000–78,000 range.

79,600 is the key dividing line between bulls and bears. Until price can reclaim this level, downside risk remains. The key support below is 75,000. A decisive break below it could open up more downside, with 73,000 and below in view.

My personal take, for reference only

BTC: Consider going long around 75,800–76,300, targeting 77,500–78,000
ETH: Consider going long around 2,230–2,250, targeting 2,310–2,330

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