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 increase the win rate. At the same time, investing is also a process of growth. Mr. Coin suggests that all cryptocurrency friends learn while operating, summarizing both gains and losses in a timely manner to deepen their understanding of risks and to plan a correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.

Mr. Coin's Cryptocurrency Market Analysis Reference for Bitcoin (BTC) on 11.20

Yesterday, Bitcoin opened and rose, with the price climbing to above 92,000. The intraday increase was nearly over 3,000 points at its peak, but then faced pressure and tested the strength of support below. It rebounded strongly near 9,000 and the market rose as expected to the 93,000 mark. As of today, the market has not stabilized at the 93,000 level, and the price has once again retraced. Currently, it is pulling back to around 91,500, with the current price rebounding near 91,800. There is strong resistance at 63,000 above, and it is expected that the short-term market will maintain high-level consolidation today, so it is recommended that everyone prepare in advance.

From the daily chart, yesterday's bullish candle closed, and although the market is currently under pressure and has retraced, the overall trend has not changed. If the price can rise again and stabilize above 93,000, the market is expected to move further towards historical highs. Currently, the bullish momentum is insufficient, and the market's retracement has swallowed the gains from last night, with the low already touching the key support line near 91,000. If it breaks below this level again, the price is expected to further test the 90,000 level.

On the short-term hourly chart, although the market has rebounded after a pullback, the upward momentum is weak, and there are signs of pressure. The price has not been able to break through the mid-band resistance, and there is still a risk of further testing the support below. The overall trend is leaning towards consolidation, so it is advisable to operate with high shorts and low longs.

Short-term Reference for Bitcoin on 11.20:

For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin) for access. The first ten people each day can receive free exit strategies.

Long position: Buy in the 90,500-91,000 range, with a stop-loss at 89,000 and a target above 91,800.

Short position: Sell in the 93,500-94,000 range, targeting 500-800 points, with a stop-loss at 96,000.

There may be delays in sending this message; the strategy suggestions are for reference only. The market changes rapidly, and regardless of how confident you are in your market judgment, always set your take-profit and stop-loss levels to secure your gains.

Short-term Reference for Ethereum on 11.20:

Short position: Sell in the 3,240-3,200 range, with a stop-loss at 3,380 and a target below 3,150.

Long position: Focus on the 2,900-2,960 range, with a stop-loss of 50 points and a target above 3,060.

There may be delays in sending this message; the strategy suggestions are for reference only. The market changes rapidly, and regardless of how confident you are in your market judgment, always set your take-profit and stop-loss levels to secure your gains.

For more real-time trading strategies, you can follow my public account for online technical learning, exit strategies, etc. I have researched the market for many years, studying the major trends in cryptocurrency, and have studied extensively in the U.S. focusing on analyzing and guiding BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other cryptocurrencies. I welcome all cryptocurrency friends who are unsure about trading to study and learn together.

This article is exclusively shared by Mr. Coin and represents his unique perspective. There may be delays in sending this message; risks are to be borne by the reader. Manage your positions reasonably and avoid heavy or full positions. Mr. Coin wishes all fans to achieve financial freedom, to move forward together, and to keep striving. 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, prepare well, and be ready to set off at any time. Keep going!

—— This article is written by Mr. Coin, and we refuse to plagiarize and respect originality!

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