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On November 18, BTC and ETH fell below the 90,000 mark.



The big pie has fallen below the 90,000 mark, stopping my bottom-fishing button to lead the way ahead. The recent market has been continuously in a downward trend, and there have been frequent occurrences of bottom-fishing liquidation in the market. First, remember not to over-leverage such positions. At least split your positions into three entries, and reasonably plan your positions without blindly averaging down.

The current market sentiment is extremely fearful. The more you buy on the rise, the more it falls, and while you hesitate, the market once surged. It's unknown how many long positions are trapped above, and how many people have exited the market in this wave. The market does not always rise nor does it always fall. Do not chase highs and sell lows.

From the current structure, the 4-hour K-line has already fallen below the lower Bollinger Band, the daily line has also fallen below the lower Bollinger Band, and the weekly line is still running at the lower Bollinger Band. The 1-hour line needs to close above 90800-91000 for the market rebound strength to increase. Recently, ETH's performance has been relatively stronger compared to BTC, with ETH wanting to rise but being held back by BTC. Personally, I still hold a long position at 90500 and remain bullish.

BTC trading suggestion 88100-88550 buy target 91800 break see 93100

ETH trading suggestion 2905-2920 long Target 3086 breakthrough look at 3166$BTC #美联储会议纪要将公布
BTC-0.98%
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