Cryptocurrency trading is a long-term plan, not something that can be achieved overnight, so one should not be overly anxious. Even if there are short-term losses, there is nothing to fear. As long as the subsequent direction is chosen correctly, what has been lost will eventually return. However, it is important to grasp the timing of trades and the current market trends to improve the win rate. At the same time, investing is also a process of growth. Mr. Coin advises all cryptocurrency friends to learn while trading, summarizing both gains and losses in a timely manner, deepening the understanding of risks, and planning the correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.

11.21 Bitcoin Market Analysis Reference

Bitcoin's intraday rebound did not break through the central axis pressure mentioned in yesterday's article, reaching a high of 93150 and facing resistance. The price subsequently retraced and fell below the 90,000 support level, leading to another wave of decline that refreshed the previous low. The current price is running around 86400.

In the short term, looking at the hourly chart, the trend continues to weaken, and the upper support is slowly moving down. If there is no breakthrough of the dual resistance at 89000-90000, there is a possibility for the trend to decline again. I hope all pen friends can prepare in advance. The intraday trend is weak, so our short-term strategy is still to focus on short positions during rebounds, with upper resistance at the 90,000 level, followed by 91300.

11.21 Bitcoin Short-term Trading Strategy Reference:

Short entry point 90500-91500, stop loss at 93500, target below 90000,

Long entry point 84300-85300, stop loss 500, defend at 82000, target above 87300,

There may be delays in article posting, and strategy suggestions are for reference only. The market changes rapidly, so regardless of how confident you are in market judgments, always set take-profit and stop-loss levels. Secure your profits. For more real-time trading strategies and online technical learning, you can follow the mentor's public account (Mr. Coin Discusses Currency) to get the addition method: the first ten each day can receive free strategies for getting out of positions.

For more real-time trades, you can follow the public account (Mr. Coin Discusses Currency) to access online market technical learning, getting out of positions, etc. I have researched the market for many years, studying the major trends in the cryptocurrency space, and have studied in the U.S. multiple times, mainly analyzing and guiding BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other coins. For those who are not familiar with trading, you are welcome to study and learn together.

Exclusive views, there may be delays in article posting, risks are self-borne, manage your positions reasonably, and avoid heavy or full positions. Mr. Coin wishes all fans to achieve financial freedom, moving forward together. In the depths of time, hold onto understanding. In investing, one must learn to be optimistic. Do not let your future self dislike your present self. We live authentically, but not every data revelation needs to be taken too seriously. Let the past be the past, and let the future come quickly! Take good care of yourself, prepare well, and be ready to set off at any time. Let's go!

—— This article is written by Mr. Coin from the cryptocurrency circle, refusing to plagiarize and respecting originality!

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