Market situation analysis on November 15📊📊
BTC experienced a round of adjustment yesterday. BTC has fluctuated significantly recently. It is expected to continue to consolidate its trend today. The daily level shows overbought, and the weekly level is also overbought. A correction is more likely. You need to pay close attention to changes in market sentiment. In the long term, The trend remains bullish. Erbing adjusted simultaneously with BTC yesterday and may continue to consolidate during the day. Pay attention to the support of 3,000 points.
Today’s focus:
BTC: The 1-hour and 4-hour levels are outside the normal range, and the daily level is also on the high side. It is expected to remain volatile during the day, and the long-term bullish trend has not changed.
Intraday support is at 87000-87500📈
The intraday resistance range is 90000-90500📉
ETH: The 1-hour and 4-hour levels have returned to normal levels, the daily levels are on the high side, and the market is expected to remain volatile during the day.
Intraday support range 2950-2980📈
The intraday pressure range is 3150-3180📉