Analyst Chen Shu: Bitcoin and Ethereum rebounded on November 19th but then fell back again; the rebound strength remains weak. Pay attention to the strength of the rebound.

Analyst Chen Shu: On November 19th, Bitcoin and Ethereum rebounded but then fell back again, with the rebound strength remaining weak. Looking at the daily chart for Bitcoin, yesterday's daily candlestick closed with a long lower shadow, indicating the price failed to break through and hold above the 5-day moving average (MA5). For the short-term rebound trend, focus on breaking through the daily MA5. On the 1-hour chart, yesterday's price rebounded to the 60-day moving average (MA60) before pulling back downwards, indicating a slightly weak short-term rebound. The key resistance level for today's rebound is 9.38; a break above this level could lead to a continuation of the short-term rebound, while a failure to break through suggests further weakness and a pullback. Support is seen at the previous low of 8.9. Looking at the daily chart for Ethereum, the price has been oscillating around the 256-day moving average (MA256) around 3100. The short-term key level remains whether it can break through and hold above this level. On the 4-hour chart, the resistance level for the short-term rebound is the 30-day moving average (MA30) around 3130. Yesterday's rebound to this level resulted in a pullback downwards. Support is seen at 2950, and the current trend remains weak. Midday Trading Strategy (Written at 13:30): BTC: Short at 9.17, add to short position on rebound to 9.3, target 90,000/89,000; Long position at 89,000/87,000 with light position size. ETH: Short at 3060, add to short position on rebound to 3130, target 300/2950; Long position at 2950/2850 with light position size. Daily analysis strategies have a very high win rate! Analysis is not easy, so please give a free follow, save, like, and comment. Thank you everyone. Welcome to leave comments below for discussion, I will reply to each one.