Xiaoyao KOL: Bitcoin and Ethereum Afternoon Market Analysis 11.18

Bitcoin's current daily chart shows a continuous decline, forming a long bearish candlestick. On the 4-hour chart, the price action has repeatedly shown pullbacks from highs, with weakening rebounds, indicating an overall downtrend. The MACD is negative on both the daily and 4-hour charts, with the DIF and DEA lines diverging downwards, suggesting that bullish forces are dominant. The RSI is near oversold territory on the 4-hour chart, indicating a potential short-term technical rebound, but overall weakness remains. Intraday trading is recommended to enter positions on rallies: Bitcoin around 90600-91200, with a target around 89000; Ethereum around 3030-3060, with a target around 2950. However, market conditions are constantly changing, and this article is time-sensitive. Those entering positions should refer to real-time guidance.