Evening Thoughts on November 6th Looking back at the afternoon, Bitcoin dipped from around 104,200 and found support after touching the 102,500 level, halting its decline. From the hourly Bollinger Bands perspective, the current channel is showing a sideways oscillation, indicating a consolidation phase. Although Bitcoin briefly broke below the lower band, it did not establish a strong breakdown. After touching the lower band, it quickly rebounded, forming a classic technical pattern where the lower band acts as effective support. Support levels are around 102,400 to 101,800, with resistance at 104,000 to 104,700. For altcoins like Ethereum, support is around 3,350 to 3,300, with resistance at 3,450 to 3,500.

#隐私币生态普涨 $BTC $ETH Currently, the market atmosphere feels like a major rally is brewing beneath the surface. The trends of Bitcoin and Ethereum are becoming more intriguing, with a noticeable sense of calm before the storm. This isn't blind optimism; it's based on insights from on-chain data and capital flows. Historically, each time this kind of phase occurs, it often signals the night before a large-scale bull market.

Looking at the changes in the crypto market over the past few years, I suddenly feel a bit sentimental. Most players are focused on quick profits—contract hedging, arbitrage, liquidity mining—becoming more and more skilled at these tactics. Some teams are just doing packaging and channels, taking ready-made solutions, putting a shell around them, and telling a story to pump the market. Truly dedicated to developing underlying protocols and solving technical challenges? That’s a rare few. As for those who can redefine industry rules—often they are lone figures quietly pushing forward in areas others don’t understand. In simple terms, there are three types of people: Profit seekers fighting for a bigger slice, Speculators betting on the trend, And a minority shaping the future.