11.23 Early Morning BTC/ETH Market: Focus on Shorting During Rebound
From a technical perspective, the daily KDJ, MACD, and BOLL indicators for BTC and ETH are still in a bearish resonance, with MA indicators continuously exerting bearish pressure; the 12-hour MA indicators are in a strong downtrend, the coin price has no gap with the five-day line, and the short-term trend is showing a fluctuating downward movement.
The weekend market's trading volume is relatively weak, and smaller fluctuations are expected, with an overall slight downward movement within a range. Operational advice is to short during rebounds:
• BTC: Short between 84800-85500, target 82800, stop loss at 86000
• ETH: Short near 2760-2800, target 2660, stop loss at 2820
Note: Market conditions change rapidly, this article may have a lag, and operations should be based on real-time guidance. Cryptocurrency carries high risks, so rational decision-making is necessary.
