$BTC 11.22 Thoughts and Suggestions
On Friday evening, Bitcoin reached a low of 80600, which is a new low in recent months. On the 4-hour level, Bitcoin has previously shown a trend of eight consecutive declines, indicating that the current pattern dominated by the head is still unchanged. Now entering the weekend phase, the market is consistently in a state of fluctuating consolidation. The altcoin trend is also quite similar, so until a new breakout occurs, Bitcoin should remain around the high of 83600-84800, while the altcoin should reference the range of 2715-2785. During the weekend, it’s better not to be overly greedy; just trade back and forth.
Recently, this ongoing decline in the market has likely led to most losses being on the short side, which indirectly reflects the strength of the head in the market. Everyone understands that there won't always be favorable market conditions, nor will there be constant unfavorable ones, so there’s no need to be overly serious about it. Don’t think that you lack good fortune; perhaps those you envy have faced an even tougher journey than you. A very real issue: do not treat the cryptocurrency market as the most important part of your life; it is just a memory in your lifetime, and you have more important things to do.
