Liying Chat Currency: 11.13 Bitcoin (BTC) and Ethereum (ETH) Latest Market Analysis

Family! The current price of Bitcoin is 71400, just stuck below the lower Bollinger Band of 72245, equivalent to walking right on the floor. Many people are asking: has the drop finished? To be honest, no one can predict with 100% accuracy, but from this 2-hour chart, the bears have already done most of the damage. Next, it will either violently rebound or dig another hole. The key is not to operate recklessly when emotions are at their worst; understanding the structure is a hundred times more important than guessing tops and bottoms. The three EMA lines are all pressing down from above, indicating a standard bearish arrangement, meaning the trend has not flipped to bullish yet. In terms of MACD, momentum is somewhat bearish but shows signs of fatigue. The middle Bollinger Band is 73637, the lower band is 72245, and the price dropping below the lower band indicates an oversold area; historically, this kind of breakdown without a rebound is often accompanied by a short-term rebound. In summary: trend is bearish, momentum is bearish, position is oversold, this is a typical combination at the end of a decline.

Long Position: Enter light positions at 71000–71300, stop loss at 69800, target 72245→72700, reduce by half at 72700.

Short Position: Short in batches at 72700–73000 on the rebound, stop loss at 73800, target 71200→70500.

Discipline: Position size less than 20%, stop loss orders not manual. Currently, it is a weak rebound, not a reversal, do not heavily bet on one side.

Ethereum

Family, the current price of Ethereum is 2000, one word: miserable. It dropped from 2449 all the way to 1982, meaning those who chased it at a high position saw their accounts shrink by 20%, who wouldn’t feel chilled? But you need to understand that the harder it drops, the closer the opportunity is; it’s just that now is not the time to reach out and catch the falling knife. The price is already walking right along the lower band, with all moving averages pressing down from above, indicating that the bears still hold the steering wheel. The truly wise approach is not to guess the bottom but to wait for it to show its hand: either it rebounds with volume above 2050, or it drops again to clean out the panic selling. The moving average system is fully in a bearish arrangement: EMACD indicates a slowdown in decline rather than confirmation of reversal. The middle Bollinger Band is 2053, the lower band is 2010, with the current price at 1999 having broken below the lower band, indicating an oversold area; there is a demand for a short-term repair of the middle band, but the downward opening means the trend remains weak. In summary: short-term technical rebound conditions exist.

Long Position: Aggressive traders enter light positions at 1980–1990, stop loss at 1955, target 2050→2065, reduce by half when reached; conservative traders wait for it to stand back at 2030 and retest without breaking, then enter, stop loss at 2005, target 2090.

Short Position: Short in batches at 2060–2075 on the rebound, stop loss at 2100, target 2010→1960.

Discipline: Stop trading if a single loss reaches 2% of the principal, do not hold positions, do not overload, do not leave overnights risking your life.

The above content is exclusively original by Liying, please indicate the source when reprinted! The release of the article has a delay, and the market changes rapidly, the above suggestions are for reference only at your own risk.

Warm reminder: The above content is only from Liying's official account: Crypto Training Camp, created by the author. The advertisements at the end of the article and in the comments section are unrelated to the author, please discern carefully. Thank you for reading.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到[email protected]，本平台相关工作人员将会进行核查。