On November 18, BTC price is 91760 (Let's get started!)
I. Overall Trend Analysis
BTC is showing a bullish trend, and has yet to reach a peak, no need to worry.
ETH has entered its first correction phase after experiencing a surge, and currently presents an opportunity period.
SOL is making up for losses, and DOGE shows signs of a completed adjustment on the 4-hour level.
All currencies have an upward trend, and AI coins should also be catching up; overall, they are all expected to rise.
II. BTC Trend Analysis
BTC is exhibiting a strong consolidation pattern around the 90000 points. There are market divergences at this price level, and some may be looking for a drop. However, in reality, BTC is choosing to consolidate sideways during this adjustment phase, which is the strongest way to move. Additionally, there is supporting trading volume, and the market is beginning to rotate; this is definitely not a peak.
III. Market Interpretation
On the list of rising currencies, there are more coins increasing than decreasing, indicating a healthy market performance. Currently, one should be bullish and look to buy; the upward cycle is still long, and each coin will have its turn. In the future, you will thank me for encouraging you to hold onto coins now.
IV. Operational Suggestions
From an operational perspective, coins at a low position can be held while waiting for an increase. For harmonious operations, buying on dips is acting in accordance with the trend. For coins with significant increases, there may be opportunities to take profits during the monitoring process. Pay attention to my homepage for guidance and start your wealth journey!
Short-term resistance is between 93350 - 94590, and short-term support is in the range of 90410 - 89270.
