11.4 Bitcoin Ethereum Evening Strategy Analysis

Bitcoin/Ethereum rebounded on the news of the U.S. midterm election downside being resolved, but the rebound is not a reversal; it will eventually revert to the downside news. The rebound also provides another opportunity for short positions. Evening trading suggestion: go short at around 78,400 for Bitcoin, target 77,000; go short at around 2,320 for Ethereum, target 2,250.