Research report on November 11th

Yesterday's market review
BTC continued to pump over the weekend, currently breaking through 81000 and reaching a new high. After a slight pullback yesterday, it quickly recovered. The short-term trend is very strong, exceeding previous expectations. Following the fundamental information in recent period, the current technical indicator has become invalid. The expectation remains a volatile upward trend, maintaining the position. The daily candlestick level remains healthy, and the weekly level has formed a golden cross. Keep holding with confidence and continue to be bullish in the future.
ETH followed BTC's pump yesterday, continued to rise, and has broken through 3200. After a slight pullback yesterday, it quickly recovered. Expect a pullback consolidation during the day, with a fast short-term pump. The trend is bullish, and it is expected to continue.
altcoin follows the mainstream and pumps, be patient to continue holding SATS, consider closing all positions around 50, PEOPLE has recovered from the previous market, there is no obvious pump during the election period, many people have got out of positions, consider continuing to hold, keep holding FTM
Intraday Market Analysis
BTC 1-hour and 4-hour charts have entered the overbought zone, while the daily candlestick chart has also entered the overbought zone. A pullback is expected intraday, with oscillation to the upside. The overall long-term expectation remains unchanged. The intraday support is at 79000-79500, and the resistance is at 81500-82000.
ETH 1-hour and 4-hour levels have entered overbought territory, and the daily candlestick level has also entered overbought territory. Expect a pullback during the day. Those with positions can moderately reduce their positions. The support below during the day is 3000-3050, and the resistance above is 3250-3280.