Bitcoin morning sharing on Saturday, November 16

After a night of changes, Bitcoin once again showed a strong upward momentum, and its price high has successfully reached the 91900 area, but then encountered certain pressure.

The current price has stabilized near the 91000 level. According to yesterday's trading ideas, we adopted the operation method of short first and then long, and the market trend is highly consistent with our expectations.

In this process, Shipan's multiple long operations have achieved remarkable results. The current market trend is still biased towards the bulls, and the short-term price correction should be regarded as a self-correction behavior of the market, rather than a fundamental reversal of the trend.

On the daily chart, the positive line closed again, indicating that the bulls still dominate. From the perspective of the trend, the overall market trend structure maintains an upward trend, and the market still has the potential to continue to rise. Under such a strong market structure, we will continue to adhere to the strategy of low-level longs and remain unchanged.

Saturday morning suggestions

Buy Bitcoin around 91000-90500, looking up to 92500-93000

Buy Ethereum at 3080-3060, focus on 3200-3300#市场回调，观望还是上车？ #BTC冲破9万