BTC market analysis on November 17, 2025

Nakamoto 2025-11-17 16:16 73490人围观 BTC

BTC market analysis on November 17, 2025 The current BTC price is 93,654.7 USDT has fallen by about 24% from the previous high (123,793.6), and is in a short-term downward trend + key support level: 1. Technical (4-hour chart): - The price fell below the

BTC market analysis on November 17, 2025

The current BTC price is 93,654.7 USDT, which has dropped approximately 24% from the previous high (123,793.6), and is in a short-term downward trend + near the key support level:

1. Technical (4-hour chart):

- The price fell below the previous shock range (100,000-110,000), and is currently testing the key support of 93,000-94,000 (coinciding with the cost support/historical transaction area predicted by the agency)；

- The MACD indicator shows that DIF < DEA and MACD is negative. The short momentum is still there, but the green column is slightly shortened, and there is a possibility of a weak rebound.；

- The trading volume did not increase significantly, indicating that the selling pressure slowed down in stages, but buying orders did not enter the market on a large scale.

2. Market sentiment and funding:

- Over 100,000 people liquidated their positions in the past 24 hours, and short-term selling pressure weakened after the long stop-loss orders were released.；

- Long-term holders and ETF funds continued to flow out, and institutions were cautious, but some dip signals appeared around 94,000.

Operation suggestions

Short term (1-3 days):

- Opportunity to go long: If the price stabilizes in the range of 93,000-94,000 (such as a long lower shadow line and heavy volume rebound), you can try to go long with a light position, set the stop loss below 92,000, and target 96,000-98,000 (short-term resistance)；

- Short-selling opportunity: If it rebounds to the resistance zone of 98,000-100,000 and the momentum is insufficient, you can go short with a light position, set the stop loss above 100,500, and the target is around 95,000.

Medium and long term (1-2 weeks):

- 93,000-94,000 is a strong support + cost area. If this area stabilizes, spot stocks can be deployed in batches (control positions to avoid full positions)；

- If it effectively falls below 92,000, we need to be wary of the risk of further testing the 88,000-90,000 range and wait and see for the time being.

Cryptocurrencies are extremely volatile. The following is only analysis and does not constitute investment advice.