2025-11-18 03:34:27

🔔BTC market trend analysis on November 18:

BTC intraday resistance range 94000-95100
BTC intraday support range 90350-89200

The daily chart for BTC shows a recent downward trend in prices with consecutive days of bearish closes and gradually decreasing highs. The hourly chart experienced a significant pullback during the 2100 period on the 17th, and is currently in a phase of low-level consolidation. The daily chart also indicates a bearish dominance, approaching an oversold area, with a potential for a short-term rebound demand, but the overall trend remains bearish. The daily trading volume has significantly increased, especially on the 17th, indicating intense market sentiment fluctuation and clear selling pressure. The hourly trading volume peaked at 22:00 on the 17th and has gradually diminished, suggesting that the market has entered a wait-and-see state, awaiting direction.

Suggested operation:
Short near BTC 94000-95100, target 93100-92200
Buy near BTC 90350-89200, target 90850-91750

(Personal opinions are for reference only and do not constitute investment advice!) #比特币行情观察 $BTC ‌

BTC0.52%

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