11.14 Thursday morning Bitcoin insights: What if it creates a new historical high? In the end, we still need to find the corresponding decline. Where should the subsequent market go?

Yesterday, we were bearish once during the trading session, and everything went smoothly. However, the emergence of CPI caused a little obstacle to our short position, but it did not affect all the layouts in Lin Kun's real trading at all. Although we suffered certain losses during the trading session yesterday, we also made up for it accordingly. At present, the market has fallen back again. There are always highs and bottoms. At this time, I don’t know which is right or wrong, but Lin Kun firmly believes that he will continue to be short!

Bitcoin’s 30-minute moving average is still in a short position arrangement. The 30-minute moving average just touched the downward trend line, and it directly rushed up and fell back, indicating that the upper resistance is still difficult to break through. What if it rushes up? What if it creates a new historical high? In the end, it still went out and fell back accordingly? The market is not absolute all the time, and there will still be a certain downward space in the future, so the soul is firm and the bearish thinking remains unchanged!

In terms of Bitcoin morning operations, Lin Kun personally recommends shorting at a rebound of 90500-91000, with the target at 88500-88000!