On the evening of November 13

The Bitcoin daily chart shows a continuous downward trend, accurately touching the lower Bollinger Band, and the Bollinger Band opening continues to point downwards, officially establishing a downward channel; the K-line accompanied by a long upper shadow pattern highlights the heavy selling pressure above.

After breaking through the lower band on the four-hour level, the rebound strength is weak, and the trading volume has not effectively matched, with the rebound lacking support.

For Bitcoin, the resistance is at 103800 and near 104600, looking towards around 102000, with a breakdown looking down to 100800.

For Ethereum, the resistance is at 3550 and near 3600, looking towards around 3430, with a breakdown looking down to 3350.

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