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 increase 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.

11.14 Bitcoin Market Analysis Reference

Bitcoin broke down continuously yesterday, with an intraday drop of over 5000 points. Currently, it has rebounded after touching the low around 98000. The price is now operating in the vicinity of 9950. In the morning, there was a wave of rebound, and it is now approaching the short-term resistance area. The hourly chart has started to face obstacles in its upward movement, with the price around 100,000 showing signs of pressure. The Bollinger Bands are gradually narrowing, and the upper resistance is slowly moving down. The subsequent resistance to watch is around 102000. If this area cannot be broken through during the day, there is a possibility of a market pullback. This round of Bitcoin correction has entered a weak consolidation phase again, but the overall downward trend has not dissipated. I hope all cryptocurrency friends are prepared in advance. The upper resistance to watch is around 100500, followed by 102000, and the lower support to watch is around 98000.

11.13 Bitcoin Short-term Trading Strategy Reference:

Short entry point 103500-104500, stop loss at 106500, take profit target below 102800.

Long entry point 97800-98800, stop loss at 500, add position at 95500, take profit target above 99300.

There may be delays in article posting, and strategy suggestions are for reference only. The market changes rapidly, and no matter how high the confidence in market judgment is, stop-loss and take-profit must be well managed. For more real-time trading strategies and online technical learning, as well as exit strategies, you can follow the mentor's public account (Mr. Coin Discusses Currency) for access. The first ten people each day can receive free exit strategies.

For more real-time trades, you can follow the public account (Mr. Coin Discusses Currency) to access online market technical learning, exit strategies, etc. I have researched the market for many years, studying the major trends in the cryptocurrency space, and have studied extensively in the U.S. focusing on 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 opinions, there may be delays in article posting, risks are self-borne, and it is important to manage positions reasonably. Do not operate with heavy or full positions. Mr. Coin wishes all fans to achieve financial freedom, to move forward together and keep pushing. 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, sharpen your skills, and be ready to set off at any time. Let's go!

—— This article is written by Mr. Coin from the cryptocurrency community, no plagiarism, respect for originality!

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