Chuangjin Community——2025.11.18 Daily Analysis

2750 is a key point, and the overall direction continues to decline without a good recovery. Long positions belong to rebound trades and are not suitable for holding too long.

Spot: Bitcoin and Ethereum have not yet met the conditions for a complete bottom, and continuous decline may cautiously trigger other small cryptocurrencies' explosions.

On the day: 90,000, 88,888, and 3,000 points can still act as support. The current downtrend is still ongoing, and a sudden positive news is needed to boost prices. First, look for rebound longs; if prices rise, still be bearish; continue to be bearish on rebounds. Today, trade according to technical analysis, waiting for short positions, and observe the market for long positions.

Resistance levels: 96,800, 93,800, 3,150, 3,280

Support levels: 88,888, 87,500, 2,920, 2,750

Bitcoin for the day: 91,100, 95,050 long position, stop loss 90,000, take profit 92,500, 93,500 is also a bearish position; short position take profit 89,000, 91,000, 87,500. Long positions should exit in time.

Ethereum for the day: 2,970, 2,990 long position, stop loss 2,950, take profit 3,100, 3,120. If positive news emerges, watch for 3,200, 3,210, which are also entry points for short positions. Don’t take long positions on rebounds, just wait for bearish points.

Based on the morning live broadcast and technicals, for reference only #比特币走势分析