#数字货币市场调整 November 17 morning observation: Bitcoin and Ethereum's weak recovery

The early morning market shows that $BTC and $ETH are currently experiencing a "technical rebound during a decline." The price has not effectively risen above the middle Bollinger band, and the overall trend remains weak.

The current rebound seems more like a volume contraction repair. There are no active entry signals on the funding side—net inflow data is negative, and market sentiment is relatively cautious. On the technical side, MA7 and MA30 are still converging, and there hasn't been a genuine upward breakout. In this structure, the bearish pattern hasn’t changed; the operational strategy of "shorting at highs" is still the more prudent approach.

How to operate specifically?
$BTC If it rebounds to the range of 95000-96000, consider positioning a short order. The first target is 93000, after breaking, pay attention to 92000, and finally look at 91300.
When $ETH rebounds to the 3150-3200 range, it can also be shorted. The first target is 3050, if it breaks that, continue to look at 3025, and if it breaks again, 2850 is the next support level.

During market fluctuations, controlling your position is more important than anything else.