The strategy for Bitcoin/Ethereum involved multiple pullbacks during the day, including a buy order placed during the final rapid decline in the evening at 3020-3040, which ultimately failed to hold at 2980 (as discussed in the article's strategy). Currently, the price has not seen a significant rebound after the rapid drop. Continued attention should be paid to the 88500 weekly support level for Bitcoin. Ethereum's previous low of 2940 may not hold, but even if it does, a dip followed by a rebound is expected. The four-hour chart shows multiple rallies and pullbacks; the key is whether support can form above 2900 and 88500 in the early morning, potentially forming a double bottom pattern. Furthermore, the eight-hour chart shows the Bollinger Bands narrowing and turning upwards, suggesting a potential rebound. Continue to look for bullish support in the early morning. Early morning trading recommendations: Buy Bitcoin around 89000-89500, with a target around 92000; Buy Ethereum around 2940-2960, with a target around 3080, and targets at 88500 and 2900.
Liang Qiu: 11.20 He who hunted geese all day long eventually got his eyes pecked by them. Bitcoin and Ethereum continued their upward trend in the early morning.
2025-11-19 16:34:58
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