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On the early morning of November 21, #特朗普撤销农业产品关税 and $BTC both welcomed the fall signal.
From a technical perspective, the oversold sentiment of the two major cryptocurrencies has been released, and the selling pressure has significantly weakened. Funds are beginning to flow back in, and signs of market stabilization are becoming increasingly clear. After BTC stabilized at a key support level, it has started to fluctuate upwards, and the rebound logic in the short term is quite clear.
The performance of ETH is also good, stabilizing after strong support areas, with buying pressure gradually emerging. Currently, the rebound momentum is building up, and the window for going long has opened.
Specifically speaking:
BTC can be positioned for long orders in the range of 86300-85900, with rebound targets looking towards 88000-89300;
ETH is involved around 2815-2780, with attention on the resistance zone of 2900-2950 above.
The weakening of selling pressure combined with capital inflow presents short-term opportunities worth seizing.