$BTC
Overall analysis of the cryptocurrency market!
Bitcoin can be positioned as the market. From the surge on November 6 to November 13 (7 days), the highest increase from 69,300 to 93,300 was 24,000 points, which is unprecedented. The highest greed index is 88. This month, Tether issued 10 billion USDT, which concretely shows that the bull market is coming and the cryptocurrency market is rising.
I divide the market into two categories: Asian market and US market.
The recent surge is all about smashing the market during the day and pulling the market at night. The Americans entered the market at a low price and continued to pull up to 93,300 points. Yesterday, the market moved abnormally and smashed the market at night, which hurt the hearts of Asian market people. So today, both long and short dared not enter the market during the day. From the liquidation map, the liquidation strength of the air force is greater than that of the long army. When it reaches 89,000, the air force will be liquidated 800 million, and when it returns to 90,000, 2 billion will be liquidated.
Prediction: Tonight will most likely be like last night, first pull up to 89 or even 90 to burst the air force and then sell off and fall back to 85,000, or directly pull back to around 85,000. If it does not pull back to 85,000, then there will not be enough strength to rebound and set a new high. All short-term pullbacks are to attract air forces. I am bearish tonight, but I do not recommend operations.
Overall bullish, the trend is still rising, and 93,300 is definitely not the highest point.
Shanzhai: The big cake fell and Shanzhai bled. It is not that Shanzhai has no chance. It is difficult to see the turn of Wanbi. Shanzhai is a rotation rise between sectors, so choosing a good sector is the key, such as this round of meme sector
Macro hot spots:
Trump and Musk set up the DOGE department and frequently called for a single currency circle. Trump’s four years in office will definitely set off a wave of encryption.
Dog bears the brunt of the highest increase of more than 3 times the high point, unique in the 10 billion market value currency.
Personal situation:
I have cleared my positions and waited and watched. I will definitely invest in Doggo when the market value reaches 100 billion, and the new Dog reaches 1.5 billion.