Market Analysis on November 9th

Yesterday's Market Review
Yesterday, BTC continued to pump after a slight consolidation, breaking through the new 77000. It is expected to have a slight pullback consolidation during the day, which is a corrective trend. The oscillating upward trend remains unchanged. Those with positions should hold them. The daily candlestick level remains healthy, and the weekly chart level has formed a golden cross. Hold on and remain confident. Continued bullishness is expected in the future.
ETH followed BTC's pump yesterday and continued to catch up, already breaking through 3000. Expect a pullback consolidation within the day, with a rapid short-term pump. The market is volatile, and it is expected to remain bullish in the future. The target range of 2800-3000 has been reached, so buddies who hold ETH can reduce their positions and buy in during the pullback.
In terms of altcoin, follow the mainstream pump. Maintain patience with SATS and consider closing all positions around 50. The trend of PEOPLE is not very healthy, waiting for a rebound to see subsequent performance. Keep holding FTM.
Intraday market analysis
BTC 1-hour and 4-hour charts have entered overbought territory, the daily candlestick chart is above the healthy level, expecting a pullback during the day, with oscillation upward. The long-term expectation has not weakened. The support below during the day is 74500-75000, and the resistance above is 77000-77500.
ETH 1-hour and 4-hour charts have entered overbought territory, while the daily candlestick chart is above the healthy level. A pullback is expected intraday. Those with positions can slightly reduce position. Intraday support is at 2900-2950, and resistance is at 3050-3100.