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$BTC Bitcoin and Ethereum market analysis on the evening of November 20.
Looking back at Thursday afternoon's Bitcoin market, the price of Bitcoin reached around 92000 but failed to break through the resistance level of 93000, subsequently fluctuating around 91500, while the Ethereum market fluctuated around 3010.
According to the current market situation, Bitcoin is expected to continue its weak oscillation pattern. A four-hour level shows a bearish candle structure with lower shadows, and the bulls' attempts to rebound have failed to form effective breakthroughs, while momentum continues to weaken. At the one-hour level, the price is approaching the middle band of the Bollinger Bands, indicating a downward trend. The evening trading strategy will focus primarily on short positions.
Trading strategy: You can short Bitcoin at 92500, with a target around 90000.
You can short 2 coins at 3050, targeting around 2900. $BTC #eth $ETH