11.19

BTC
After Bitcoin filled the gap the day before yesterday, it can be seen that there are still some people willing to buy at this position near the gap. Bitcoin has retraced about 30% from its highest to lowest point, without any significant rebound. If this position continues to move down, it will soon approach a short-term bottom, so it is important to pay attention to this level for an oversold rebound after the drop. However, from the current perspective, it still maintains a downward trend. Therefore, in summary, the day is still mainly characterized by fluctuations. Even if there is upward momentum, it won't be very strong and will require time. Support is at 90560-86500, and resistance is at 93800-96800.

ETH
The idea of Ethereum is the same; this position is also about to reach the previous wave's starting point. Therefore, if there is an opportunity in this round of the market to reach 2800 or even go lower, it can be bought separately. Currently, from a smaller timeframe perspective, there hasn't been a complete stop in the decline, and it still needs a bit more time. However, in the short term, a rebound from an oversold condition cannot be ruled out. So to summarize, the closer this position gets to 2800, the more attention should be paid to the short-term bottom. Looking at the intraday perspective, as long as it doesn't break 3022, there is room for another upward movement, but the profit won't be very large. Support is at 3023-2850, while resistance is at 3167-3230-3370.