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Analysis on the evening of November 16
From the technical perspective of the four-hour level, the current market has shown a clear positive bias signal, with a gradually clearer upward trend in the short term. After the previous channel flattened out, Bitcoin's price has demonstrated a strong anti-butterfly characteristic, with the rebound in the low range continuing to gain strength, confirming that the support below is continually strengthening, and the market is significantly stabilizing and bottoming out.
It is recommended to short Bitcoin at 94800-95000, with the target looking towards 96500.
The second pancake 3190-3210 Duo Dan, targeting 3250
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