November is a month worth commemorating. At the beginning of this month, the market broke through the 70000 mark from around 68800. Subsequently, the bulls did not stop. Although on the 4th the market retraced to around 66900, starting from the 5th, the bulls began a vigorous attack, first breaking through the 80000 mark, followed closely by breaking through the 90000 mark. This series of events indicates the strength of the bulls. Over the past 7 days, Bitcoin has increased by 31%. The long-term appreciation trend of Bitcoin is beyond doubt, but the current market sentiment appears overly exuberant, causing corrections after each price peak, warranting cautious operations. Bitcoin is essentially similar to tech stocks in the US stock market, thus it will fluctuate with the movements of the US stocks. Trump has always supported interest rate cuts, and if vigorously implemented in the future, it will release more liquidity. Thus far, there has been no sign of a top in the market. The future market is likely to challenge higher levels. Whether viewed from the weekly, monthly, or daily charts, the market shows a series of bullish trends. The bullish trend is very strong. Ethereum has also finally broken back above the 3000 mark, which is not a high point for Ethereum. With Bitcoin leading the way, Ethereum has also shown a series of bullish trends. If Ethereum stabilizes above the 3000 mark, it will be a new starting point!
In the future market, we should still treat retracements with more caution; currently, the market is like a runaway wild horse, fearlessly moving forward. For the current situation, the 100000 mark is not out of reach; it is already within grasp! Seize the opportunity, and success is right in front of you. #DOGE看涨情绪飙升 $BTC