Bitcoin is currently in a technical rebound phase within a downtrend, but the bullish trend still dominates. The Bollinger Bands are widening downwards, with the price moving along the lower band. The MACD has formed a death cross and the green bars are shortening, while the KDJ is showing low-level divergence, indicating that the downward momentum is slowing but has not reversed. The rebound is accompanied by shrinking volume, while the subsequent decline shows the bullish trend is in control. Ethereum's 4-hour moving averages are also in a bullish alignment, with the MACD showing a death cross below the zero line and the KDJ showing a death cross at a low level, indicating continued downward momentum. For tonight's trading, it is recommended to enter the market at higher levels during the rebound. Specifically, for Bitcoin, enter around 92,000 to 92,500, with a target of around 90,000; for Ethereum, enter around 3,110 to 3,140, with a target of around 3,000. However, market conditions are constantly changing, and this article is time-sensitive. Those entering the market should refer to real-time guidance.
Xiaoyao KOL: Bitcoin and Ethereum Evening Market Analysis 11.19
2025-11-19 12:54:52
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