Liang Qiu: 11.16 Bitcoin/Ethereum long positions secured, continue long positions on pullbacks.

Bitcoin/Ethereum saw relatively small price fluctuations over the weekend. Last night, we again placed long orders on the pullback from 3130 to 3150, which rallied to around 3230 in the early morning, securing a profit of 80 points. Currently, the price is retracing again, and multiple tests of the support level without breaking it suggest a potential rebound. This week has seen significant volatility, and the profit opportunities from our previous strategies are evident. Whether it was the sharp drop from short positions or the multiple decisive buy orders at 3100, we achieved substantial gains. Currently, the price action shows a recent downward trend with gradually lower highs and lower lows, resulting in a narrowing overall trading range. The long upper shadow and significant pullback on the daily chart indicate heavy selling pressure, and the subsequent small candlestick bodies suggest a cautious market sentiment. On the 4-hour chart, the MACD is below the zero line, and while the histogram is shortening, it remains negative, indicating weakening bearish momentum, but not yet a strong recovery. We should pay attention to the support levels at 94000 and 3050. Trading suggestions: Buy Bitcoin around 94300-94800, with a target around 96500; Buy Ethereum around 3100-3130, with a target around 3230. [The above analysis and strategies are for reference only. Please bear your own risks. Article review and publication are not timely; please refer to real-time information.]