Bitcoin (BTC) Afternoon Market Analysis: The market is currently exhibiting a typical neutral sideways trading pattern, with neither technical nor external factors providing a clear directional driver. Technically, short-term momentum has strengthened, with the price positioned between key support and resistance levels. Short-term moving averages are in a bullish alignment and have formed a golden cross, supporting an upward trend. However, market sentiment and volatility indicators (BOLL and RSI) show a balanced sentiment, and the lack of volume and VWAP data further weakens the reliability of trend signals. Trading Recommendations: Bitcoin: Short at around 105500-106000, target 104500-103500. Bitcoin 2: Short at around 3580-3600, target 3500-3450.
Bitcoin and Ethereum afternoon price analysis: 11/11
2025-11-11 07:06:46
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