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Analysis of BTC and ETH on the afternoon of November 18th:


The overall downward trend of the current market remains unchanged, with the middle and upper bands of the Bollinger Bands continuously declining, and the lower band also moving downwards and expanding overall. Short-term volatility is increasing, with bears in control. After retreating from the high point of 92300 in the morning, it touched a short-term low of 89000 at noon and rebounded slightly, but did not break the middle band resistance. In the afternoon, the prevailing strategy remains to short on rebounds.
Operation Suggestions:
BTC: The 90500-91000 area can be considered for shorting. First target 89000, second target 88000.
ETH: The 3030-3050 area can be a short position. First target 2900, second target 2850$BTC
BTC0.55%
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