11.18 Evening Market Thoughts

Currently, Bitcoin is still dominated by bears, and the short-term rebound is merely a technical correction after consecutive breakdowns, definitely not a signal of trend reversal. The Bollinger Bands continue to maintain a downward arrangement, further confirming that the market's weak pattern has not changed.

From an hourly perspective, bullish momentum has clearly weakened, while bearish pressure remains strong and persistent. After Bitcoin's price touched around $89,250, a brief rebound was triggered, but the MACD red bars continue to narrow, reflecting a rapid weakening of bullish strength; the momentum for this rebound has gradually been depleted.

Operational Suggestions:

• Bitcoin: Set short positions in the range of $91,500-$92,500, targeting down to $90,000-$89,000.

• Ethereum: Set short positions in the range of $3,100-$3,150, targeting down to $3,000-$2,950.$BTC $币安人生 $ETH #btc #ETH #特朗普取消农产品关税 #美股2026预测