11.14 Bitcoin/Ethereum Evening Market Analysis
The Bitcoin/Ethereum market diverged again. In the morning session, we arranged short positions at 90500 and Ethereum 3220-3240. Bitcoin has tested downward many times, and the overall space can still be 60-80 points. If Bitcoin does not control the position and withdraw in time, it may be trapped.
In the morning session, it was mentioned many times that Bitcoin/Ethereum currently relies on the support of 88000 and 3100 below. The market will have a process of rising and falling. However, Ethereum has indeed fallen, and Bitcoin is still fluctuating and rising. The overall trend is indeed very strong. At present, the hourly line has begun to shrink, and the Bitcoin support has slowly moved up. Wait for the support to fall back in the evening.
Operation suggestion: Buy more Bitcoin in batches near 89500-90000, with a target near 92500;
Buy more Ethereum in batches near 3110-3140, with a target near 3250. $BTC $ETH