Key Secondary Market Points on November 23, 2025: Is 81,000 the bottom? The current assessment is still on the early side, so I won't make predictions—just follow market fluctuations. As long as BTC hasn’t broken above 90K and consolidated there, the current phase is still a downtrend. The recent rebound over the past couple of days is just a correction. The main strategy remains to look for suitable points to short at highs, and seek short-term long opportunities to play for a potential early bottom. BTC’s 87K-89K range has high-density liquidations, and is also the upper OB and gap—making it a test shorting point. If the US session tonight or tomorrow offers an opportunity to hit this area, it can be executed. If there’s a quick dip below 84K, consider a short-term long depending on the situation. ETH long/short ratio has reached 3, with large holders biased long. There’s a large amount of liquidations and order walls at 2900-3K. In sync with BTC’s rebound, short in batches in this area. If there’s a quick dip to 2650-2600, combine with order book dynamics to look for early long bottoming opportunities. In summary, treat rebounds as bull traps and short squeezes for now—don’t call the bottom yet. Maintain a rebound short strategy. If a reversal bottom forms, there will be real-time signals on the right side. The above are my key trading plan notes for today, reminding myself to trade strictly according to plan. I will record every day. If this is helpful for you too, click follow and subscribe! $BTC $ETH
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[Planned Trades | Trading Plan]
Key Secondary Market Points on November 23, 2025:
Is 81,000 the bottom? The current assessment is still on the early side, so I won't make predictions—just follow market fluctuations.
As long as BTC hasn’t broken above 90K and consolidated there, the current phase is still a downtrend. The recent rebound over the past couple of days is just a correction. The main strategy remains to look for suitable points to short at highs, and seek short-term long opportunities to play for a potential early bottom.
BTC’s 87K-89K range has high-density liquidations, and is also the upper OB and gap—making it a test shorting point. If the US session tonight or tomorrow offers an opportunity to hit this area, it can be executed. If there’s a quick dip below 84K, consider a short-term long depending on the situation.
ETH long/short ratio has reached 3, with large holders biased long. There’s a large amount of liquidations and order walls at 2900-3K. In sync with BTC’s rebound, short in batches in this area. If there’s a quick dip to 2650-2600, combine with order book dynamics to look for early long bottoming opportunities.
In summary, treat rebounds as bull traps and short squeezes for now—don’t call the bottom yet. Maintain a rebound short strategy. If a reversal bottom forms, there will be real-time signals on the right side.
The above are my key trading plan notes for today, reminding myself to trade strictly according to plan.
I will record every day. If this is helpful for you too, click follow and subscribe!
$BTC $ETH