11.12 Evening Market Overview:

Tonight may be an opportunity to pick up passengers while reversing, it’s all about quick washing and absorbing. The first time was in the hour from 5-6 PM. The big coin was first pulled to 89940, then quickly retraced to around 85K within an hour. Many people must have been stunned by this wave, feeling it came too fast to handle. After the spike, it quickly rebounded, completing a rapid washing process, perfectly wrapping up.

Why did this happen? Because today USDT minted 20Y on the Ethereum chain, meaning a one-to-one cash exchange, and the off-market institutional big players brought in 20Y USD. However, this fund hasn't entered the market yet, and the big institutions aren't fools; how could they buy so high? So they coordinated to wash the market, after all, it has risen for 7 days, making the vehicle too heavy, and some people need to be washed out to pick up the bloodied chips to enter the market at a low price! Successfully completing a round of absorption! Perfect.

Only with a healthy market cycle can more liquid funds and fresh blood enter the market to stabilize the overall market!

This afternoon while having tea and chatting with a few friends, I noticed that there are three types of people in this bull market. First: Those who chased high during the peak in March-April longing to break even in this round of bull market; second: Those who have been fearful of heights missing out due to FOMO and FUD; third: The naive ones, new retail investors who do not look at the index or patterns and simply follow the trend. Therefore, the third category of people is currently the biggest beneficiaries in this wave of climax. Now the retracement also gives the second category a chance to get in, while the first category can hold on for the next peak at nearly 100K USD big coin to almost break even and profit!

The big coin retraced today, and the altcoins almost all returned to the results of November 6! Those that grew quickly also fell sharply, creating a scene of despair.

In short: Tonight will be the best opportunity to get in, quickly position your desired tokens in batches. The US stock market opening until tomorrow's closing will definitely show different results. After all, this 20Y entering the market is aimed at making a profit, not just sitting in our Binance investment earning interest! Also remember to follow me so you don't get lost, I provide you with the latest information and price analysis every day!