Today's currency: Eth
News analysis (11.17): According to Powell's speech, the probability of the Fed cutting interest rates in December is relatively low. At present, the economic situation seems to be mainly stable, so the probability of black swan events this month is relatively low, but we must be vigilant against the collapse of US stocks in December.
Today's analysis (11.17): This morning, a wave of decline led by BTC reached a low of 89,360, followed by a wave of upward charge led by SOL, reaching a historical high of 242. At present, BTC is executing a 1h level rise. I personally see the position of 96,000 for this rise, and then there will be a 4h level decline. I personally see 86,000 for this decline. If it falls below 86,000, it will go to the large support level of 80,000.
Technical analysis: ETH has fallen to 3015 many times to test the bottom structure. At present, 3000 seems to be a strong support level. Multiple declines have formed a 4h level quadruple bottom structure. At 7 o'clock last night, there was a wave of upward charge to 3220. The probability of upward rebound is still relatively high. Secondly, if the cottage season comes in December, eth will definitely rebound. At present, eth has not broken through the historical high point, and there is a large profit margin above.
Long eth
Open position: 3075
Replacement: 3025
Stop loss: 3000
Take profit: 3155 half position, move stop loss to 3095, corresponding to 96000 clearing of the big cake.
(ps: I wanted to share a long position of sol's rising space structure in the morning, but it fell to the right position while I was editing the article. I also entered at 212.3. At that time, I thought it would not break the new high, so I ran at 220. This wave is also a leek)