Analysis of BTC and ETH on November 18th in the early morning

The BTC 4-hour chart shows a two consecutive bearish trend, with the price continuously pressured downwards from the middle band of the Bollinger Bands. The three bands are converging downwards simultaneously, and the short-term volatility range is gradually compressing, forming a standard downward continuation structure. The overall weak pattern has not seen effective improvement.

The 1-hour cycle shows a bearish engulfing pattern breaking downwards. After narrow-range competition between bulls and bears, the price successfully broke through short-term support and entered a downward channel. The previous bullish candle's body, accompanied by a long upper shadow, reflects extremely strong selling pressure above. Additionally, the KDJ indicator's three lines formed a death cross and continued to diverge downwards, with short-term bearish momentum dominating the market rhythm.
Operation Suggestions:
BTC can fluctuate around 92300-92500, with a potential drop to around 91000-89000.
ETH can be traded around 3010-3030, with a lower target of around 2900-2800.