2025.11.18 Daytime Market Analysis

2750 is a key point. The overall trend is continuously declining, and there hasn't been a good recovery yet. Long positions are rebound trades and are not suitable to hold for too long. (Spot: Bitcoin and Ethereum haven't encountered a failure yet, and the conditions for fully bottom-fishing haven't been met. Continuous decline requires caution as it may trigger explosions in other altcoins.)
On that day: 90,000, 88,888, and 3,000 points are still providing support. The downward trend is still continuing, and we need a sudden positive news to boost prices... For now, focus on rebound longs, but for any rise, still look for shorts. Continue to view rebounds as shorts. Today, trade based on technicals, wait for short positions, and look for long positions based on market observation.

Resistance levels: 96800, 93800, 3150, 3280
Support levels: 88888, 87500, 2920, 2750

BTC for the day: 91100, 95050 long position, stop loss 90000, take profit 92500, 93500 is also a short position, short position take profit 89000, 91000, 87500 (long position should exit in time)

Ethereum of the day: 2970, 2990 long positions, stop loss 2950, take profit 3100, 3120 (if there is good news, watch 3200, 3210) (also the entry point for short positions) (if not doing long on the rebound, just wait for short opportunities)

For reference only, combined with the morning live broadcast and technology.
#btc #eth