Strategy Analysis as of November 6, 2025

Yesterday, I mentioned that Bitcoin (referred to as "Big Cake") needed a correction. Then, on the evening of November 5, after the US stock market opened and held steady for an hour above the moving average, it began a rally. The price was rejected around 104,000.

After a rapid decline over the past few days (Bitcoin approaching 10,000 points, Ethereum nearing 900 points), combined with the double bottom pattern on the daily chart over the past two days, and considering today is already Thursday, my initial impression is that from now until the weekend, we might see some technical consolidation.

In the short term, the bias is slightly bullish. However, please note that the overall trend remains bearish unless Bitcoin returns to 110,000 and Ethereum back to 4,000. The main trend is still downward.

You might consider small positions (e.g., 1%) for long trades. Ethereum has more room to grow compared to Bitcoin; in recent days, Ethereum has indeed fallen quite a bit, so I lean towards going long on Ethereum.

As of now, my strategy for Ethereum is to take profits above 3,390 with a target of 3,620 and set stop-loss at 3,000. The risk-reward ratio isn't very favorable.

The same advice as yesterday applies: start with a 1% initial position, add on dips (up to two times—once at 3,200 and once at 3,050). If you reach 100% profit, prioritize reducing your position by 50 to protect capital.

One more important point: before opening a trade, understand your maximum acceptable loss. Given the recent bearish trend, avoid fighting the trend—don't resist the trend.

$BTC $ETH