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11.20 Evening BTC ETH Strategy Analysis: 💝
Currently, whether on the daily or hourly chart, the trend is firmly stuck in a descending channel - since the previous high, it has been moving downwards all the way. Recently, even if there have been rebounds, they have not been able to break through key resistance levels like the middle band of the Bollinger Bands. Essentially, this is a weak rebound during the downtrend, and the bearish-led market rhythm has actually never ended.
Operation suggestion: BTC around 93000-94000, target looking down at 91000, 88000.
ETH is hovering around 3070-3110, with a target looking down at 2950 and 2880.