Market analysis for BTC/ETH on the evening of November 20

After experiencing continuous pullbacks, BTC has formed strong support at the $90,000 level. The 4-hour chart shows a bottom 2B pattern, and the MACD has completed a second bottom divergence and formed a golden cross. Trading volume is gradually increasing, and bullish momentum continues to strengthen. The daily line has triggered an oversold signal, with selling pressure significantly weakening, making the probability of a temporary bottom very high, and short-term rebound momentum is sufficient. ETH stabilized after hitting strong support at $2,880. The 4-hour KDJ is in the oversold range, and the MACD green bars are continuously shortening, with bullish strength gradually recovering. The $3,000 integer level support is solid, and there are clear signs of capital entering the market for low absorption, with rebound momentum gradually accumulating. The technical indicators of both are resonating towards the bullish side, with limited space for short-term pullbacks, making the cost-effectiveness of going long apparent.

Operating suggestion: Go long on BTC around 90300-89700, target around 92000-93800.

Go long on ETH around 2950-2910, targeting around 3050-3090.
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