Cryptocurrency trading is a long-term plan, not something that can be achieved overnight, so one should not be too hasty. 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.

11.13 Bitcoin Market Analysis Reference

The trend has once again attempted to rise but failed to break through, and the market remains within the previously mentioned range of fluctuations. Looking at the four-hour chart, the middle track is slowly moving down, and the high point is approaching the resistance area, but it has not broken upwards. Currently, the price is also pulling back to around the 100,700 position, close to the key support of 100,000. However, the rebound strength is gradually weakening, so we still recommend focusing on short positions in our operations.

If the short-term support at 100,000 is broken, this wave of rebound is expected to end, and everyone should maintain a short position mindset. The market is likely to move further towards the previous low. We hope all cryptocurrency friends can prepare in advance. The short-term support below is at the 100,000 level, followed by the previous low, while the upper resistance is at 103,500, with a focus on 104,500.

11.13 Bitcoin Short-term Trading Strategy Reference:

Short entry point at 103,500-104,500, stop loss at 106,500, take profit target below 102,800.

Long entry point at 100,800-99,800, stop loss at 500, defend at 97,500, target above 101,300.

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. Secure your profits, and for more real-time trading strategies daily, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin Discusses Cryptocurrency) for addition methods: the first ten each day can receive free exit strategy advice.

For more real-time trades daily, you can follow the public account (Mr. Coin Discusses Cryptocurrency) for 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 BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other cryptocurrencies. 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, 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, 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 originality!

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