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Chuangjin Community ---- Analysis on November 18, 2025
2750 is a key point, the overall direction is continuously declining, and there hasn't been a good recovery. Long positions are rebound trades and are not suitable for holding too long. ( Spot: Bitcoin and Ethereum have not yet reached the point of collapse, and the conditions for completely bottom-fishing have not been met. Continuous decline requires caution as it may trigger explosions in other small cryptocurrencies ).
On the day: 90,000, 88,888 and 3,000 points are still providing support. The current downtrend is continuing, and a sudden positive news is needed for a rebound... For now, look for a rebound to go long, but still be bearish on the highs. Continue to be bearish on the rebound. Today, trade based on technicals, wait for short positions, and watch the market for long positions.
Resistance levels: 96800, 93800, 3150, 3280 Support levels: 88888, 87500, 2920, 2750
Bitcoin Today: 91100, 95050 long position, stop loss 90000, take profit 92500, 93500 is also a bearish position, short position take profit 89000, 91000, 87500( long position exit in time )
Ethereum on that day: 2970, 2990 long positions, stop loss at 2950, take profit at 3100, 3120( looking good at 3200, 3210)( also the short position entry point )( do not take long on the rebound just wait for the short position )