$BTC $ETH 2025-11-18, currently in a state of box entity breakdown, observe the situation of 3050 breakthrough next. If the 3050 breakthrough fails, the downward trend confirms that the empty position can continue to hold. Bitcoin has already fallen to the target point of the fifth wave, and the second coin has the possibility of directly falling to 2700 before starting bottom repair in advance. It is recommended to observe Bitcoin; if Bitcoin breaks below 91 or even 90, then we need to consider the possibility of a deep correction. The second coin may go to around 2250. If 3050-3070-3100 have no resistance and successfully break through, continue to trade according to the downward channel. If a pin is formed between 3160-3200, you can enter the market to continue shorting, with a stop loss on a 1-3 point pullback.

Summary: Observe the breakthrough situation of 3050-3070-3100; if all break above, look at 3160-3200 for a pin to enter short.

Resistance levels: 3050-3120-3165-3200-3250

Target levels: 3000-2950-2900-2700

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