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.
11.22 Bitcoin Market Analysis Reference
After being pressured at the 50,000 position the day before, Bitcoin quickly retraced. Yesterday, it failed to rebound and broke down again, with the daily candlestick showing a shadow at the end. The current price has dropped to around 80,600, and the intraday rebound strength is weak. If it cannot break through the 87,000 resistance level, there is still a risk of continued retracement. I hope everyone is prepared in advance.

Looking at the short-term hourly chart, the price has touched the low around 80,600 and has shown a rebound. However, the upper middle track resistance has not been broken, and the trend is still operating in the middle-lower track area. The upper resistance is continuously moving down, and the lower track gap has not been closed. If the rebound shows weakness, the trend is likely to refresh the low and test down again. Currently, the trend maintains a weak oscillation, and there is no sign of closing on the daily level. Therefore, Chu Chu suggests a short-term strategy focusing on short positions during rebounds. Pay attention to the resistance around 87,000.

11.22 Bitcoin Short-term Trading Strategy Reference:
Short entry point 86,000-87,000, stop loss 90,500, take profit: below 84,000.
Long entry point 80,300-79,300, stop loss 500, defend 76,000, target above 82,300.
There may be a delay in sending the article, and the strategy suggestions are for reference only. The market changes rapidly, and no matter how high the judgment of the market is, it is essential to manage take profit and stop loss properly to secure gains.
For more real-time trades daily, you can follow the public account (Mr. Coin Discussing Currency) to get online technical learning, solutions for exiting 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. For more real-time trading strategies, online technical learning, and solutions for exiting positions, you can follow the mentor's public account (Mr. Coin Discussing Currency) to get the addition method: the first ten people each day can receive free solutions for exiting positions.

Exclusive opinions, there may be a delay in sending the article, risks are self-borne, manage positions reasonably, and do not operate with heavy or full positions. Mr. Coin wishes all fans to achieve financial freedom, 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 circle, refusing to plagiarize and respecting originality!
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