Morning outlook on November 17th From a short-term technical perspective and market sentiment, Bitcoin shows a certain bullish trend. The MACD golden cross pattern is established, and the green bars continue to shrink, indicating that the upward momentum is fading, and the short-term rebound trend is entering a crucial brewing period. Meanwhile, the support of the Bollinger Band’s middle line is effective, with prices rebounding and operating between the middle and upper bands. The narrow fluctuations are gradually breaking the balance, showing a certain upward momentum. Operational recommendations: Bitcoin: 93500-94500, target 95500-98500 Two cakes: 3030-3130, 3160-3350#BTC #ETH

Yesterday's slight rebound was still under pressure at high levels and fell back again. In the short-term, the 3250 line has already formed effective resistance. If the rebound in the early session is still pressured at this position, then the rebound would indicate an extremely weak market. There may still be some adjustment space below, but even if the rebound is slightly strong, being pressured below 3250 still forms a 1-hour head and shoulders pattern. Therefore, today the focus remains on shorting during rebounds. Ethereum: Range of 3170-3200, target 3100, if broken look at 3000, maintain good defense. #Gate10月透明度报告出炉