Xiaoyao LOL: Bitcoin and Ethereum Afternoon Market Analysis 11.11

Bitcoin's current daily chart shows the price consolidating at high levels. After two days of large bullish candles, today's closing price is bearish, suggesting a potential short-term correction. On the 4-hour chart, the price rebounded from the November 9th low of 102239 to 106456 before falling back, forming a clear high-level consolidation range. The 4-hour MACD histogram is shortening, and the fast and slow lines show signs of a death cross, indicating weakening bullish momentum and facing further downward pressure. Intraday trading recommendations are: Bitcoin around 105800-106300, with a target around 104000; Ethereum around 3580-3620, with a target around 3500. However, market conditions are constantly changing, and this article is time-sensitive. Those entering the market should refer to real-time guidance.