November 20 BTC follow-up thoughts
After quickly stabilizing and rebounding at the support line of 88600, the midnight BTC has formed a clear反V structure. On the surface, it seems like a "stop falling and warming up," but from a larger trend perspective, the market is still in a bearish range, and the key resistance above has not eased. This rebound is more inclined towards a technical correction rather than a trend reversal signal.
Before the trend has effectively reversed, it is recommended to continue with a high short approach in the morning operations, as positioning with the trend is m
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