This week, Bitcoin broke below the five-figure mark, and Ethereum touched the $3,000 support level. The market's chilliness is indeed not exaggerated.

The sharp decline at the beginning of the week was fierce. The sell-off by BlackRock triggered a chain reaction, directly hitting the bulls hard. Bitcoin plunged to around $99,000, and Ethereum even dipped to $3,055. However, a rebound signal appeared quickly at the bottom.

On Tuesday, there was a recovery rally—BTC rebounded to the $104,500 area, and ETH reached $3,480 before encountering resistance and pulling back. Over the next three days? It was a typical sideways consolidation, with prices oscillating up and down.

From a technical perspective, although short-term volatility is intense, key price ranges are relatively clear.

Bitcoin repeatedly oscillated between $99,000 and $104,500, while ETH was stuck in the $3,055–$3,480 range. In this kind of market, a high buy-low sell strategy is actually quite effective.

After two dips near the $99,000 support level, the rebounds were quite strong. The large consolidation range essentially contains the main fluctuations.

This is the rhythm at the start of November. When the market is in panic, contrarian thinking often proves effective. When others are fearful, it may actually be an opportunity.