Bitcoin/Ethereum has been a relatively weak overall trend in the past few days, with significant downside potential. Last night, it plunged to around 80600 and 2620 before quickly rebounding, with relatively small pullbacks after the rebound, indicating short-term stabilization. The hourly chart shows a long lower shadow and a bullish candle, suggesting some stabilization in the short-term decline. However, given the multiple breaks of lows, further downward movement is expected to test support levels before another rebound. The four-hour chart has also stabilized and rebounded, with the night's low serving as a key short-term support level. Support levels for the hourly consolidation candlestick are around 82000 and 2660. Don't assume the rebound is over after the current rebound; it's not over yet, and further upward movement is expected after a pullback to test the bottom. Trading suggestions for tonight: Buy Bitcoin around 82000-82500, target around 84500; Buy Ethereum around 2660-2680, target around 2760. The above analysis and strategies are for reference only; please bear the risks yourself. Article review and publication may not be timely; please refer to real-time updates.
Liang Qiu: Bitcoin/Ethereum Trading Strategy and Market Analysis (November 22nd)
2025-11-21 16:20:05
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