2025-11-22 15:31:12

#美国提高关税 Market Review on November 22nd: Bitcoin and Ethereum Trend Analysis

From a technical perspective, the bears are still dominant. Although there has been a slight rebound in the market, the strength is clearly insufficient to change the overall downward trend. Indicators across multiple time frames are conveying the same message: the current calm may just be the quiet before the storm.

On the daily level, the number and body of bearish candles overwhelmingly outnumber bullish candles. The recent waterfall-like decline has displayed the power of the bears in full force. Although the price has stabilized for now, there are no significant reversal signals appearing. The foundation of the bears remains very solid.

Looking at the 4-hour chart again. The market is fluctuating and correcting within the expected range. The rebound in the early morning? It couldn't gain momentum. The narrow consolidation during the day? Trading volume is sluggish. Bulls are obviously still waiting and dare not take action lightly.

The 1-hour chart is more interesting—after four consecutive bearish candles, the rebound bullish bar looks more like a technical correction after being oversold. The Bollinger Bands have shifted from expansion to convergence, and the short-term volatility is decreasing, which is often a signal for the market to choose a direction. Considering the larger time frame, the upper moving average system and the previous dense trading area will create layers of resistance, severely limiting the rebound space.

The operational strategy is very clear: go short on highs. Focus on the middle line of the 4-hour Bollinger Bands and previous key resistance levels. If the price rebounds to that area and shows a long upper shadow or bearish candlestick pattern, it presents a good short opportunity. The first target below looks at the lower edge of the recent fluctuation range; once broken, the correction will be considered over, and a new round of decline may open up deeper space.

Specific point reference:

Bitcoin: Consider shorting near 84800, targeting 83000.

Ethereum: Short position set around 2770, target 2660

$BTC $ETH

BTC0,25%

ETH0,24%

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CryptoSurvivor

· 2025-11-24 17:54

With the shorts so fierce, it feels like it's about to fall again.

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WalletDoomsDay

· 2025-11-22 22:16

The night before the storm, this short positions wave is not simple. Looking at the Bollinger Bands converging, I know something is going to happen.

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ThreeHornBlasts

· 2025-11-22 16:01

I really don't dare to buy the dip this time. The bears are so aggressive, even the rebounds can't gain any momentum. --- Bollinger Bands are narrowing, so it's time to pick a direction. Feels like there's more room to fall. --- Short at 84800? I'm still waiting for a higher entry. --- It's the calm before the storm again. We say this every time, but the market still drops... --- The trading volume is ridiculously low, no one dares to follow the trend. --- The bulls are really trembling, they take one look and run. --- How big of an impact do tariffs have on crypto? What's the reason for this drop? --- Shorting at 2770 is a bit too aggressive, I want to wait a bit longer. --- After consecutive red candles, a rebound feels like a lifeline, but it doesn't seem to help. --- The resistance level is holding strong, any rebound is futile.

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SelfRugger

· 2025-11-22 16:01

Another round of bear dominance? This time it really looks like we're about to hit a new low. Feels like the key level at 84800 can't hold.

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LongTermDreamer

· 2025-11-22 16:01

It's another round of "calm before the storm." I've been hearing this for three years now, haha. Anyway, I'll just keep buying the dip. In the long run, it will all go up, so I'm not worried.

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RektButAlive

· 2025-11-22 15:54

Is it the calm before the storm again? Why do I feel like I've heard this a hundred times, haha With short positions so stable, why do we still have to keep an eye on these levels...

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0xTherapist

· 2025-11-22 15:38

It's another world of short positions, and every rebound is just a rhythm for sending money to short orders... I've seen this Bollinger Bands convergence many times, but the key is still to fall below that line for it to count.

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RektCoaster

· 2025-11-22 15:36

The calm before the storm has come again. Every time I say this, I almost believe it.

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HashBrownies

· 2025-11-22 15:32

It's the same old short positions rhetoric... Every time they say it's the calm before the storm, and then when the Rebound happens, it smacks them in the face again. Forget it, I'll just continue shorting, I've already lost anyway.

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