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11.17 Morning BTC/ETH Latest Analysis
On the daily chart, after the price of the currency reversed, it has continued to show a downward pattern. The strength of the short-term rebound is weak, and the buying power remains insufficient, making it difficult to support a trend reversal into a one-sided market. Currently, the small cycle rebound has been pressured down again, and the overall downward trend has not changed. The core strategy remains focused on short positions.
BTC: Short around 95500-96000, looking down to around 94300-93000.
ETH: Short near 3180-3220, looking down to 3080-2950.