On November 13, Wednesday Market Trend Analysis: Trend Adjustment, Intraday Short-term Trading Should Focus on Range Trading

During the late-night trading session, the market showed a rebound trend, testing the 85000 level, followed by a rebound, but faced pressure in the 90000 area, thus the bull market has entered a consolidation phase.

Liang Ge also seized an opportunity at this position, publicly predicting a bullish outlook near the 85000 level for Bitcoin 🫓, targeting 88000, which has come to fruition! Publicly shared 🥚85264, exiting at 87855, securing a profit of 2600 points! Pictures are proof!

For current intraday short-term trading, given the significant market volatility, one should proceed with caution and avoid blindly chasing orders. Trading ranges should be set around high and low points.

In short-term operations, I personally prefer to adopt a range strategy between 88500 and 90000, targeting the 87000 to 86500 range.

In terms of range trading, I personally prefer to set up long positions in the 86000 to 86500 area, targeting the 88500 to 90000 range.