11.19 Afternoon Thoughts

Today is another interesting trend. Bitcoin has been experiencing a half-day of fluctuating upward movement since morning, while Ethereum has been continuously declining!

From the daily chart, it is not difficult to see that Bitcoin's pullback is very small, never falling below 85000, while Ethereum has pulled back nearly half from its peak of around 3450 to the current range of 3100-3000. So the current feeling is quite strange; it seems that Bitcoin still wants to push for new highs in the past two days, while Ethereum seems to be probing the 3010 support level again.

From the current trend, Bitcoin has failed to break through the small resistance at 92000 and has started to pull back, while Ethereum continues to fluctuate downward, so this afternoon is still about shorting first!

Afternoon Trading Suggestions

Short Bitcoin around 91800, target around 91000, if it breaks look towards 90600

Short Ethereum around 3125, target around 3080-3050

The above thoughts are for reference only, specifics depend on real trading. Binance registered users exceed 240 million #市场围绕90K #币安矿池FB联合挖矿 $BTC $ETH $SOL