#数字货币市场调整 Market Review on November 17th Early Morning: BTC/ETH quickly bottomed out and then rebounded.

The last night of the weekend brought another round of market washout. $BTC briefly dropped below 93,000 USD, and ETH also touched just over 3,000, and then? It quickly rebounded, with the daily candlestick showing a long lower shadow. This pattern is a typical rebound signal.

From a technical perspective, signs of stabilization at the daily level are becoming increasingly obvious. The rebound on the four-hour chart is still continuing. Although the hourly chart has not given a definitive stop-loss pattern, the larger cycles have begun to find their footing. More importantly—ETH has just hit the lower band of the weekly Bollinger Bands and rebounded, which indicates a strong support level that cannot be underestimated. The new week might be interesting.

At this position, it might be a good time to accumulate spot at a low. Enter in batches, don't go all in. If trading contracts, consider trying long at these positions:
- $BTC Rebound in the 94500-95000 range, first target at 97000
- $ETH If it goes to 3150-3170 again, you can aim for 3250, if it breaks, continue to hold.

Once the trend strengthens, it often doesn't just end with a rebound. It might lead to a series of continuous upward movements, or even a short squeeze.

By the way, the recent trends of several altcoins are doing well: ORDI, LPT, SOL, UNI. There are some swing trading opportunities to pay attention to. Of course, how to operate specifically depends on the real-time market, and being flexible is the most important.