Three crypto world news on November 15, 2024:

The Hong Kong exchange launched the Hong Kong exchange virtual asset index series on November 15, 2024, providing a reliable Benchmark price for virtual assets to support Hong Kong's development as a leading digital asset center in Asia. This index series will provide transparent and reliable Benchmarks for the pricing of BTC and Ethereum in the Asian time zone, including reference indices and reference Exchange Rate. This will provide investors with important Benchmark tools and solutions, and also help increase public understanding of the trend of investing in digital assets.
2. BTC and ETH market analysis: Some analysts in the crypto world believe that BTC is currently trading around $88,000, and the K-line pattern has been oscillating at a high level. However, the K-line on the 14th and 15th showed a Bearish line, indicating that the market sentiment is bearish in the short term, and technical indicators show that short positions are gaining momentum; ETH is currently trading at $3,111 and has entered a downward trend in the short term. There is selling pressure above, but there is some buying support in the range of 3050 to 3100. Technical indicators show that the momentum of short positions is weakening and there is a possibility of long positions entering the market at any time. These analyses are for reference only for investors.
3. Traders in the crypto world share their investment strategy views: Some crypto world traders share investment strategies, such as suggesting to layout BTC longs according to the long-term trend in the current market environment, and to layout multiple positions in the short term when the crucial support is selected for short-term bearishness. As for Ethereum, they adopt the strategy of low longs and high shorts, and take profits at the crucial resistance level. However, it should be emphasized that trading Virtual Money involves high risks and uncertainties, and investors should exercise caution. (Forwarded)