2023.11.1 BTC/ETH market analysis:

The market has been trading sideways for more than a week. It has been fluctuating in a wide range and is getting closer and closer to the daily support. Today is the first day when the monthly line changes. From the perspective of the monthly line, there must be a need to step back. Therefore, focus on today’s daily support of the pie near 33800 and the daily support of Ether near 1780!

Today’s order ideas:

Ether is currently bullish for 2/4 hours, with a 1-hour correction, and the lower support is near 1806. If this price can stabilize, there will be another wave of rise, with the upper target near 1830/1870.

If the 4-hour closing line breaks through the support level, look at the two positions of 1796/1780 below.

The market has made a one-hour correction. The current position of 34450 is the 2/4-hour long and short price. The direction is unclear. Just continue to wait for the market to go out.

If the price of 34450 can be sustained, the market will rise, with the upper target near 34750/34880.

If the four-hour closing line is below 34450, then there will be a callback in four hours, and the lower support level will be near the two positions of 34290/34020. If these two support levels are found, then the daily support level will be around 33800.

The big support level below this month's closing pie is around 32327/30762, and Ether's correction is around 1763/1726/1664. If it falls, the spot price can enter the market, and the contract can place long-term long orders. #BTC #eth2.0