BTC and ETH afternoon thoughts on November 17.



Good afternoon to you in front of the screen, a new week has begun. The weather is getting colder today, and winter is quietly approaching. The enthusiasm from the previous wave of rises has also cooled down with Friday's sharp decline. Recently, with the cryptocurrency market's ups and downs, one really needs some psychological resilience to calmly watch this storm. However, the important thing is that the market is always right. Keep pace with the market, avoid rigid thinking, and don't keep hitting the wall without turning back, even when you've already hit the wall.

Last night on the weekend, we gave a short position on BTC at the current price of 96400 and a short position on ETH near 3240. We expect BTC to drop to around 95000 before closing all positions. Based on the previous analysis, there is room for short positions below, but there is no need to gamble on lower levels; instead, we should secure the profits we have.

BTC trading suggestion 94400-94800 long target 96900 break to see 97800

ETH trading suggestion 3120-3138 long target 3230 break look at 32800 $BTC
BTC-2,36%
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