November 7 Morning Analysis:
Over the night, as Bitcoin's price once again broke through historical highs, reaching the 76400 level to set a new record. Ethereum followed suit, peaking at around 2840. In the current strong market conditions, we shouldn't predict where the top is; instead, we should go with the trend, buy on dips, and directly accumulate positions, which is currently the best strategy. The market's rhythm is basically in line with our expectations, and it still signals adjustments. We remain optimistic about the explosive potential of Dogecoin after the adjustments are complete. Thursday is still a perfect start.
From the current market perspective, Bitcoin's intraday surge is quite strong, and the midnight price has already broken through the resistance level of 76000. The market price is repeatedly high; while there are pullbacks, they are merely adjustments in the upward process. Do not hastily declare a drop just because the price is high; without clear signals of a trend reversal, we stick to one path: buy on the dips in line with the trend!! Looking at the four-hour chart, a series of consecutive bullish candles has also opened up space above, and short-term Dogecoin trading volume is showing an increase. Currently, it is testing the strong resistance at the high point, and we should steadfastly maintain the Dogecoin trading rhythm, taking advantage of any pullback opportunities to follow in.
Personal trading advice (for reference only):
Bitcoin: 75500-75000 Dogecoin Target focus around 76500
Ethereum: 2810-2790 Dogecoin Target focus around 2900 near #BTC☀ #ETH🔥🔥🔥🔥 #币圈段子 #财经解读