Tuesday Morning Insights on November 19: Currently, there is frequent wide-range tug-of-war with weak continuity; the subsequent layout should continue to focus on short positions!

The overnight Bitcoin market trend continues to maintain a wide-range tug-of-war, with no continuity for either bulls or bears; it can be said that they are evenly matched. As long as the brief range positions of 92600-89200 are not broken, we can plan both long and short trades around this range. However, in the larger direction, you still tend to favor the bears, so all rebounds to short remain our theme!

Looking at the 4-hour chart, although the market has surged, it is still under pressure below 93000 and has begun to retreat. Without a strong upward breakthrough, the rebound may just be a setup for a pullback. The rebound seems fierce but is merely fleeting and lacks sustainability. Currently, there is no momentum for a direct reversal; at most, it may start to move sideways. Therefore, for future operations, continue to short at high rebound levels!

For Bitcoin's morning operations, I personally suggest shorting on the rebound at 91850-92350, targeting down to around 89500-89000!