#数字资产代币化浪潮 November 18 morning observation

The points given yesterday were all accurate, first a drop followed by a rebound, the rhythm was spot on. Now let's take a look at the market:

On the daily chart, the recent drop has been quite intense, with consecutive bearish candles coming down, overall leaning weak with nothing much to say. The hourly level is even more apparent - fluctuating downwards, with the latest candle's closing price directly breaking the previous hour's low, making it very likely to continue testing the bottom in the short term.

Technical indicators: The hourly MACD continues to spread below the zero axis, with bearish momentum still increasing; the daily MACD is also lying below the zero axis, with the bears firmly in control. The hourly RSI is now at 35.1, close to the oversold area but not yet there, so there might be a small technical rebound, but it won't be strong. The daily RSI is also relatively low, indicating an overall pessimistic market sentiment.

In terms of the moving average system, whether on the hourly or daily chart, the EMA7 and EMA30 are in a bearish arrangement, with the price tightly pressed by the short-term moving averages, facing heavy resistance above. Looking at the long term, the downward trend has not yet ended.

From an operational perspective:
You can consider shorting in the 93000-94000 range, targeting 91200-90200.
Short positions are set in the range of 3060-3100, with a target of 2980-2940.

Pay attention to risk control and avoid chasing highs and lows.