November 14th, Yan Shaowei's Analysis on Bitcoin:

Yesterday's market experienced a roller coaster of fluctuations, with significant ups and downs. Compared to the simple one-way trends of previous days, the difficulty of trading has notably increased. If the entry point is not carefully controlled, it is highly likely to encounter stop losses.

The daily chart finally shows a bearish candle! Observing the 1-hour candlestick chart of Bitcoin, after the price retraced to the middle band of the Bollinger Bands, it continues to decline. Whether the middle band can provide strong support will be crucial. Given that the previous two bearish candles both showed spikes and broke below the middle band, the middle band is unlikely to offer effective support.

Currently, the resistance range above Bitcoin is between 89,500 and 90,000, with support at 85,000.

Trading Recommendation:

Short Bitcoin at 88,700-89,000, with targets of 87,000-86,000-85,000, simultaneous with the analysis!

Follow me for free sharing of bull market strategy layouts, various contract and spot price references. Become my fan, and I will guide you to profit while you relax. #DOGE看涨情绪飙升 #比特币搜索热度攀升 #Mt.Gox地址动向