the evening of November 16

The big pancake is currently running around 96435. Observing from the 1-hour chart, the current candlestick trend is overall in a consolidation trend, with a short-term rebound phase at a smaller scale. It is now located in the upper-middle band of the Bollinger Bands, close to the upper band, but has not broken through the upper band resistance, indicating that the short-term upward momentum is not strong.
The KDJ indicator is at a high level (J value reaches 105.3), indicating a short-term overbought risk.
The MACD indicator is in a golden cross state, with the red momentum bars expanding, and bullish momentum is still present.
Short-term remains strong, but due to KDJ being overbought, there is a need for a pullback. It is recommended to observe whether it can effectively break through the upper Bollinger Band. If it breaks through, it can continue to look higher to 97200--98100; if it encounters resistance and falls back, attention should be paid to the support strength around 95852. If it breaks below the middle band, it can continue to probe down to the vicinity of 95100--94300.

The overall trend of Ethereum is similar to Bitcoin. If it can continue to break through the upper track, we can look for a rise towards the range of 3250--3290. If it encounters resistance and falls back, we need to pay attention to the support strength at 3200. If it breaks below the middle track support, it could further drop to the range of 3190--3160.

The above is only personal advice and for reference only. Please refer to Haoyu Shipan's operations for specifics #BTC .