From a technical perspective, although there is a slight possibility of a market rebound, the overall pressure remains severe. It is highly likely that after a rebound, the market will decline again, and the current weak pattern has not yet been reversed.
The rebound momentum for BTC here is clearly insufficient, and the weak market is still the same. In terms of operations, just focus on one direction: short on rebounds, while also being alert to the risk of further declines. Trading suggestion: Short BTC around 95500-96000, with targets looking down at 93500 and 91500. Sell ETH around 3150-3200, targeting down to 3060 and 2900.
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11.17 Morning BTC ETH Analysis: $BTC $ETH
From a technical perspective, although there is a slight possibility of a market rebound, the overall pressure remains severe. It is highly likely that after a rebound, the market will decline again, and the current weak pattern has not yet been reversed.
The rebound momentum for BTC here is clearly insufficient, and the weak market is still the same. In terms of operations, just focus on one direction: short on rebounds, while also being alert to the risk of further declines.
Trading suggestion: Short BTC around 95500-96000, with targets looking down at 93500 and 91500.
Sell ETH around 3150-3200, targeting down to 3060 and 2900.