On the 4-hour chart, Bitcoin retraced to the bottom of its consolidation range at 94000 after a second dip, forming a small V-shaped rebound. The short-term range of 94000-97000 remains unchanged. A break above this level would test the resistance at 100000, while a break below would target 93500-92000. Ethereum retraced to 3000 after a second dip, forming a small V-shaped rebound. The overall range of 3100-3250 remains unchanged. A break above this level would target 3400, while a further decline would target 3950-3800. Yesterday's analysis indicated the market was at the top of its consolidation range, suggesting shorting until a breakout occurred. All Bitcoin short positions were successfully closed with profits. Although today's market showed a small V-shaped rebound, it is still considered a continuation of the consolidation trend until a breakout occurs. Continue to short at higher levels. If a breakout occurs, consider adding a small position. Trading Strategy: Short Bitcoin at 96000-96500, target 95000-94000, stop loss above 97500; Short Ethereum at 3220-3250, target 3150-3100, stop loss above 3300. These strategies are time-sensitive; please refer to the homepage for details and receive private real-time guidance.
Bitcoin and Ethereum trend analysis and trading strategies for November 17th!
2025-11-17 10:42:52
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