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- 🎄 Gate Square · Christmas Warmth Creation Event
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📅 Event Period: Nov 20 04:00 – Nov 27 16:00 UTC
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3. Participants must post for a - 🚀 Gate Square Event: #GateNewbieVillageEpisode7
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💬 The secret of top traders: one word — Patience.
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11.21 morning
Suggestion
Bitcoin: 87700-88300 directly short, target 83000-85000
Two Cakes: 2880-2930 direct scoop, target 2750-2800
The technical analysis has already provided a clear answer: the short-term upward trend has entered a stage of absolute control, and the rebound after hitting the bottom feels more like a weak struggle—lacking strength and continuity, with the market completely dominated by the upward atmosphere.
From a cyclical perspective, weekly and daily charts present a standard bearish arrangement, while the trend signals in shorter time frames such as four-hour and hourly charts are equally clear. Under the resonance of multiple time frames, the trend power is irreversible. At this moment, any actions to counter the trend by trying to pick a bottom are a disregard for market rules and are purely an act of taking risks.
The core logic of intraday trading remains unchanged: trend is king, and follow the trend. There is no need to get tangled up in short-term fluctuations; going against the trend is the best entry opportunity.