Macroeconomics 1. The CPI data released yesterday was in line with market expectations. Several Fed officials spoke today. The interest rate discussion in the post-Biden era will set the tone for monetary policy in December and next year. Pay attention to the content of the speeches. 2. Market rumors suggest that BlackRock is suspected of acquiring CZ's shares in Binance. Rumors may attract attention to related targets (BNB) 3. Bitcoin spot ETF still shows net inflow, but it has obviously shrunk compared with the previous level. It is necessary to pay attention to the coordination between price and funds. If there is a divergence, the possibility of a short-term peak cannot be ruled out. Technical ETH1. Yesterday's K-line was a spiral negative line. The K-line interpretation is that there are differences but it is beneficial to the short position-short-term tendency adjustment 2. The short-term low point is supported by the chip concentration belt + fibo0.236, but the price has a high spiral lead engulfing + a large negative line engulfing painting door (2B) trend in the short-term trend, and forms a downward channel in the short-term trend-the probability of continued adjustment is relatively high 3. The short-term moving average flattened after the death cross, and the problem of excessive deviation between the moving averages was repaired to a certain extent with the short-term correction. In terms of support, the first consideration is the MA60+fibo0.382 resonance support level
Bitcoin price could soar to incredible heights, key advocate says As Bitcoin ($BTC ) continues its remarkable rise, surpassing its previous all-time high, bold new predictions about its potential future value are emerging.
According to some prominent crypto figures, Bitcoin could eventually reach a staggering $667,000. Adam Barker Back, a key figure in Bitcoin’s early development and even mentioned in Satoshi Nakamoto’s original white paper, recently shared his thoughts on this potential price surge.
Buck pointed to the analysis of Bitcoin advocate Tuur Demeester, who has been a staunch supporter of the cryptocurrency since its early days.
DeMestre suggested that once Bitcoin reaches the $100,000 milestone, many may begin to doubt its further growth, recalling similar doubts in 2017 when Bitcoin was priced at $3,000. BTC +4.14%#BTC☀ $BTC
BTC Macro 1. CPI data will be released in the evening. The market expected value is greater than the previous value. It is expected to be bearish. Considering the profit-taking of short-term surge and technical repair, be alert to callbacks. The actual trend is subject to the data results. 2. Trump said that Elon Musk and VIVEK will lead the Department of Government Efficiency (DOGE), and the related token DOGE is expected to perform well in the future. Due to the large short-term increase in DOGE, it is not suitable for short-term participation, but we need to pay attention to low opportunities in the future. 3. The overall performance of the US dollar index, bond prices, Nasdaq, and S&P indexes has been moving in the same direction recently. Trump's victory has boosted the development of cryptocurrencies and technology stocks. It should be noted that in the past, the trend of cryptocurrencies usually refers to the performance of the Nasdaq. At present, the Nasdaq has closed negative for two consecutive days at a high level and has a gap in the previous period. We need to be alert to the demand for gap filling after the short-term peak at a high level - there is a potential negative impact on the currency circle
According to Spot On Chain, the Ethereum Foundation sold 100 ETH about 45 minutes ago for 334,315.7 DAI. This is the first ETH sale by the Ethereum Foundation since it released its 2024 report on November 8. The report shows that the foundation's asset reserves as of October 31 were US$970.2 million, of which US$788.7 million were crypto assets (99.45% were ETH). The Ethereum Foundation plans to sell ETH regularly to fund key public projects and maintain reserves. As of 2024, the foundation has sold a total of 4,266 ETH, earning US$11.83 million, with an average selling price of approximately US$2,773. #ETH🔥🔥🔥🔥 $ETH
1. The daily chart achieved its first 7 consecutive gains of the year, with a significant increase in volume and good price-volume synergy.
2. The price has broken through fibo0.618, officially reversing the long-short position—spatial calculations have completed a 1:1 structure.
3. The short-term surge has made the upward slope too steep; the bulls remain strong, but while pursuing profits, one must always be vigilant against potential pullbacks when extremes are reached.
4. The concentration of chips at the +3200 integer level + MA20 (BOLL mid-track) overlap can serve as key references for buying on a pullback.
Trading Strategy
Long Position: Buy in batches around 3200——3100, average price 3150, stop loss at 3050, target around 3300——3400 (short-term——pullback strategy).
Long Position: Buy after breaking 3400, stop loss at 3350, take profit at 3500——3600 (ultra-short——aggressive).
Note: Currently, it is quite challenging to go long at high levels; market sentiment FOMO will eventually occur. There are mainly issues of missing out and fear of heights, but the strong bullish opportunities have not provided ideal entry points, thus traders can only be forced to chase after continuously refreshing highs; for aggressive traders, strictly control position and leverage, adhering to a quick in-and-out strategy.
The above suggestions are only applicable to aggressive traders who are currently flat; holders of low-position long positions can steadily reduce holdings on highs to lock in profits.
Important data will be released this Wednesday and Friday, and volatility may further increase; risk control is the primary principle.
The above views are for reference only; pay attention to position and risk control. #加密货币总市值破3万亿美元 #ETH🔥🔥🔥🔥
Recently, the K-line has been soaring, with daily increases of over ten thousand points, and the 90,000 mark is indeed within reach. Without further ado, how should we operate?
From the daily chart, yesterday's large bullish candlestick indicates the strength of the bulls, and the MACD histogram continues to expand, with the DIF and DEA diverging upwards again.
At the same time, the current price is far above the EMA average line, and both medium-term and long-term moving averages show a bullish arrangement, supporting the upward trend. However, there will be a small pullback in the short term before attempting to break through the high positions!
Therefore, today's operation will still maintain the pullback view, focusing on the early session pullback strength around 87200—88000, continuing to look towards the 90,000 mark, even up to 91500.
For the pullback, you can refer to the following points:
89500-90000 short, stop loss at 90500, target profit: 85000-87500.
There may be delays in sending articles, and strategic suggestions are for reference only. The market changes rapidly, and regardless of how high your confidence in market judgment is, always carry out profit-taking and stop-loss measures to secure your gains.
For more real-time orders daily, you can follow the public account for online technical learning, positions adjustment, etc. I have researched the market for many years, focusing on the major trends in the cryptocurrency space, and have studied extensively in the U.S. on key analysis guiding BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other currencies. I welcome fellow coin friends who are not familiar with operations to study and learn together.
The content of this article is exclusively shared by Fan Yi and represents Fan Yi's views. There might be delays in sending articles, and you bear the risks. Please control your positions reasonably when trading; do not operate with heavy or full positions. I wish all my fans can achieve financial freedom, and let’s move forward together!
According to CoinGecko data, the total market capitalization of cryptocurrencies has reached a new historical high, currently reported at 3.071 trillion dollars, surpassing the previous high of 3.069 trillion dollars on November 9, 2021, after 1099 days. #BTC连续破新高,你看到多少? $BTC
Bitcoin Hits 80,000; If It Stands Above, It Might Aim for 100,000?
If it can close above 80,000 on the daily line, then the pressure above will be 84,800. It also means that 70,000 will be a bullish defense level for the next few months; when it arrives, you can buy directly. Such round numbers usually can’t be crossed in one go; there may be repeated contests or slight corrections. Pay attention to the rhythm in the ultra-short term. A correction is still an opportunity to go long. The excitement of rising emotions will have inertia, so there’s no need to worry about a sudden deep drop.
You can look at the US stock market; it’s already at a high level on the monthly chart. When Trump left office, it was already at the highest point, starting to drop. Now that he’s back, and the stock market is again at a high, whether he can defy the odds and push the stock market to break through again is uncertain. However, one thing is for sure, Biden won't let the stock market crash in the next two months; a slight correction should be expected. The mess will certainly be left for Trump to resolve. What you are greedy for is risk, and what you fear is opportunity.
If this round of bull market starts, the altcoin trend will begin earlier, covering a wider range of tracks. BTC price hits a new historical high of $#山寨季分析 .
Entry Price: Market Price (199.7) – Short in 202 batches
Take Profit Price: 194 – 190
Stop Loss Price: 207
Reason for Opening Order: 1H MACD and KD top divergence + approaching previous high point pressure, significant short-term increase, technical correction is needed – overall bullish trend remains unchanged, primarily a short-term pullback
The above views are for reference only, trade at your own risk, pay attention to position and risk control!
Can you believe it? ETH was at 2350 three days ago, and now it's 2950!!!
Can you believe it? ETH was at 2350 three days ago, and now it's 2950!!! But do you think this is the end? Bitcoin has broken its previous high, Sol is approaching its previous high, and ETH should at least rise to 3500 for it to be normal. Why not say it will rise to 4000? Because 4000 was stimulated by the Cancun upgrade, which caused an extra increase. Normally, Bitcoin should be at 73K and ETH at 3600. Of course, it won't go up all at once; there may be 1-2 pullbacks in between, which is normal.
Additionally, Ethereum will hold its annual developer conference on November 12th, and I think there is still room for upward movement. The Federal Reserve will definitely cut interest rates, which is a positive for the market, causing both the crypto and US stock markets to rise. I wonder if you caught this wave of market movement?
DOGE spot Entry price: 0.19——0.18 to enter in batches, average price 0.185 (valid within the week) Stop loss price: 0.165 Take profit price: 0.2——0.225——0.25 nearby Holding period: 1-2 weeks
Trading logic: 1. Musk bets on Trump's presidential campaign success, related tokens have more exposure and funding attention 2. On the technical side, after the 4H rising channel upper track is broken, an accelerated rise is constructed, and after intraday highs near previous highs, it retreats to the upper track of the channel, testing that the conversion support of the upper track of the channel is effective and there is a long lower shadow line verifying support. In addition, the slope of the rising trend line is gently expanding, belonging to a strong pattern. 0.18 is at the resonance support level of the previous high + rising trend line, which conforms to technical trading logic.
#MyFirstFeedPost Welcome to Binance Square! Challenge 1,000 U to 100,000 U. It is the third day now and the profit is 500 U. The market has been good in the past few days. Low and long positions are basically profitable. Strictly implement stop-profit and stop-loss, and do not have a fluke mentality.