1. Core Market Summary

Yesterday, both Bitcoin and Ethereum experienced a rebound, confirming the key resistance levels above after the rebound. The subsequent market trend is generally leaning towards a decline, with the main trading direction being short positions.

2. Specific Analysis and Operational Strategies for Each Cryptocurrency

Ethereum (ETH)

Resistance level confirmation:
The 1-hour chart shows that the resistance level is clearly at the position of 3480.
In the four-hour chart, the previously drawn resistance line at 3505 was not reached and began to pull back, further confirming the validity of the resistance.
Indicator Signal:
MACD Indicator (1 Hour): Bullish momentum continues to decrease, the trend gradually converts to bearish;
Williams Indicator (1 hour): Currently in the oversold range, the current price is at a relatively high level, with a higher probability of a pullback.
Short position operation suggestion:
Operating range: You can layout short positions around the 3505 resistance level, and for short-term trades, you can pay attention to shorting in the 3400-3480 range.
Target Take Profit:
First take profit level: 3330 (key support level of the 12-hour doji from yesterday's four-hour chart);
Second take-profit level (medium to long term): If it falls below 3330, look towards the previous low of 3103;
Operating principle: Short-term operations take priority, and light positions can be held until medium to long-term targets.

Bitcoin (BTC)

Resistance Level Confirmation:
The four-hour chart shows that the resistance level above is located at 104500 (the middle band of the Bollinger Bands). The price rose near this level but did not break through, and subsequently experienced a pullback. This level is the current key pressure point.
The 30-minute chart shows that although the price is trending towards forming an upward channel, the channel has significantly narrowed. After rising to the position of 104500, it encounters resistance, and this position was previously the starting point of the last decline (after a doji, it oscillated and broke below 100,000).
Historical trend reference:
The price had previously fallen from the 104500 level, dropping to a low of 98888, with a strong downward momentum, confirming the validity of that resistance level.
Operation Suggestions:
Direction judgment: For the medium to long term, I still expect a drop below the 100,000 psychological level. If it effectively breaks down, it is expected to gain about 3,600 points of profit space.
Trading Strategy: Place short positions around the resistance level of 104500, using this position as a reference for short-term profit-taking; those with light positions may retain a portion of their positions, betting on the opportunity for a medium to long-term drop below 100000.

3. Overall Operation Reminder

Core direction: Currently, the focus is on short-selling strategies, which must strictly rely on the key resistance levels mentioned above for entry, avoiding blind shorting.
Position Management: For short-term operations, it is advisable to use light positions for quick entries and exits. For medium to long-term layouts, position size should be controlled (light positions recommended) to allow for fluctuations.

Ethereum and Bitcoin layout suggestions for November 6, 2025:
Bitcoin 103500-103500 direction short, take profit at 102500-102000-101500
Short Ethereum in the direction of 3420-3400, take profit at 3350-3300#广场发币瓜分千U奖池