Yuelin's Daily Summary on November 12 and Early Morning Update:
Good early morning everyone, this is Yuelin leading the stone plate flipping,
Today's market is coming to a close, with Bitcoin attempting multiple times to break through the 90,000 mark but failing to effectively break and stabilize above it, instead showing a downward pressure. Currently, this is the first pressure point, breaking the recent spell dominated by bulls, but it does not have a substantial impact on us. The day is primarily bullish, as I continue to guide students to take profits in the market fluctuations, steadily bringing in returns.
First round Bitcoin: 88510 in - 89363 out = +853 points
(Synchronous) Ethereum: 3354 in - 3369 out = +15 points
Second round Bitcoin: 82356 in - 84495 out = +2139 points
Third round Bitcoin: 86771 in - 89654 out = +2883 points
Fourth round Bitcoin: 85788 in - 86768 out = +980 points
Fifth round Bitcoin: 85333 in - 86764 out = +1431 points
Sixth round Bitcoin: 84392 in - 86106 out = +1714 points
Total for Tuesday: +10015 points
Yuelin's Early Morning Update:
Currently, the market is starting to move into a correction phase. The 4-hour chart shows a strong pullback, but it has not broken the midline or the upward trend line. To break through, stronger bearish pressure is needed. At present, we are entering a correction phase, and we see the support level at the 65,000 mark while monitoring the break of the downward trend line. The pullback is just bottoming out, preparing for further upward movements and accumulating momentum!
Personal Trading Suggestions for Early Wednesday:
BTC: 86800-87000 target 88000
ETH: 3240-3200 target 3350
Trust is an essential hurdle on the road of life. When you have this trust, you can unconditionally join Yuelin's real trading. Whether you are a newcomer or an experienced trader in this market, as long as you keep up with the execution, I will do my best to ensure you do not regret this journey. Your dreams will be fulfilled with the help of Yuelin.
