November 18 Market Observation: Ethereum (ETH) continues to perform weakly, currently mainly following Bitcoin (BTC) for low-level buying. The weakness of Ethereum is mainly influenced by two factors: first, the L2 sector has siphoned off some funds; second, projects such as SOL, TON, and SUI have attracted considerable attention and funding. The total amount of market funds is limited, and the majority of incremental funds are currently concentrated on Bitcoin. However, given that the current ETFs only cover Bitcoin and Ethereum, the possibility of Ethereum experiencing a catch-up rally later is relatively high, which has a certain degree of certainty. Bitcoin has moved from the bottom to now without any significant corrections; although there is a probability of directly hitting $100,000, it is not large. In the long run, a pullback to gather strength may allow the market to move more steadily and further. Although investors generally dislike pullbacks, such adjustments are often an important part of a healthy upward trend, especially when the overall altcoin market has not yet shown significant momentum. The main nodes for market trend changes may focus in the evening, while some local opportunities are expected during the day, but their sustainability is poor. It is recommended to patiently wait for clearer low-level ambush opportunities, while managing positions well to capture entry opportunities during a bull market pullback. #Solana涨势分析 $BTC
