11.20: Morning Market Overview:

Bitcoin closed this morning with a bullish candle, reaching a high of 93905, breaking the historical record.

After the US stock market opened, Bitcoin rose steadily, reaching 93905, then quickly retraced to 91349, with volatility causing both longs and shorts to get hit. Double Kill, which can only be summarized with the phrase 'tragically unbearable.'

The 4-hour major trend line is currently clearly expanding, and the bottom is gradually rising. There is now a minor trend line; we can consider going long if it breaks below the trend line, executing a false breakdown long position with a stop loss set at the shadow of the previous bearish candle and a take profit set at 92586. Bitcoin support levels are 90531, 89488, and 88446, with resistance at 93280 and the new high.

Yesterday, BlackRock, Grayscale, and Fidelity continued to purchase Bitcoin ETFs, with a net inflow of 8990 contracts in one day. Early this morning, USDT continued to be issued on the ETH chain with an additional 1 billion USD. This indicates that capital is entering the market daily; if you are still afraid and FOMOing and FUDing in a bull market, it's time to reflect on whether this path is suitable for you! Every pullback provides us with an opportunity to get on board; this statement will remain valid until March next year!

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