November 16 Bitcoin and Ethereum market analysis. This morning, Bitcoin's price movement showed that after dipping to a low of 95000 USD during the midnight period, it has slightly rebounded and is currently fluctuating near 95000. The four-hour chart indicates minor rebound signs, but the closing price remains at a relatively low level. If it cannot effectively hold above the secondary high resistance area near 100000 USD in the short term, the overall downtrend has not been reversed, and the current rebound is merely a brief correction of the technical indicators. Moving forward, attention should be paid to the fluctuation rhythm of "first rebound and correction, then continued fall, and may continue to dip tomorrow."

Regarding Ethereum, after reaching a peak price of 3230 USD at midnight, the upward momentum has weakened, and it is now hovering around the 3160 USD range. The four-hour chart shows that the price continues to operate within a downward channel, with the upper boundary at 3350 USD being a key resistance level. Until this level is broken, the four-hour timeframe will maintain a bearish outlook, and a short-term rebound is unlikely to change the overall downward trend. The rebound from yesterday's high of 3300 USD coincides with the four-hour 30-day moving average, further suppressing the price's upward momentum.

Operational Advice: Bitcoin can be considered for a light long position in the range of $94,500 to $95,000, targeting $97,000 to $98,000. The operational range for Ethereum is $3,100 to $3,050, with target levels set in the $3,250 to $3,300 area. Attention must be paid to risk control, and strict stop-loss settings are required. The current market fluctuation is significant; it is recommended to adjust strategies flexibly based on real-time data. Overall, the short-term rebound space is limited, and the main trend remains bearish, so investors should maintain a cautious wait-and-see attitude. #ETH $BTC