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11.21
The weakness of Bitcoin continues, and any subsequent rebound should be shorted!
From the short-term hourly chart perspective, the market continues to exhibit a weak downward trend, with the key resistance level gradually moving downwards, forming dynamic pressure. If the price fails to effectively break through the dual resistance of the 89000-90000 range in the future, and lacks volume support, it is highly likely to test new lows again. Partners are reminded to prepare for risk management and position planning in advance.
The overall trend for the day is bearish, with a continued lack of rebound momentum. Therefore, the short-term trading strategy should focus on placing short positions during rebounds, entering the market at opportune moments based on resistance levels, and strictly controlling stop losses to cope with market fluctuations.
Set up short positions around the rebound at 88200 and near 89600, targeting 86000 and around 84700.
#逆势上涨币种推荐 $BTC