11.18 Bitcoin/Ether market shorting sentiment continues to rise. Shorting is not advisable.

Bitcoin/Ethereum has been fluctuating downwards since reaching a peak on November 10, and following the increased volatility in the past two days, it has rapidly fallen again, breaking through multiple low points, indicating a further weakening trend. However, it is inadvisable to pursue shorting in such a weak market. Firstly, each time the integer support level is breached, but the bottoming phase will not be completed in one go; it will still test the lows multiple times to see if it will break lower again. Secondly, Bitcoin, after breaking the 90000 level, should focus on the 88500 line, which is a key weekly support level for the small cycle. If there is pressure above, then attention should shift to the 96000 line. For Ethereum, the short-term focus is on the lower range of 2920 and the upper range of 3200 for wide fluctuations. Pay attention to the technical recovery phase after a sharp decline during the day; the short-term bearish trend requires observing the strength of the bullish rebound first.

Operating suggestions: Buy Bitcoin around 89300-89800, target near 91500; Buy Ether around 2960-2980, target near 3050, nephew 88500 and 3920.