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Is 2025 a frenzied bull market?
Now, the consensus among most people is that the cryptocurrency market will experience a bull market in 2024 and 2025, but some believe: if everyone thinks the next two years will be a bull market, will the bull market still come?
First, the conclusion: Yes.
There is no secret to trading; broadly speaking, people have been trading since birth, constantly weighing choices and consequences. Some may find this a bit vague, but when it comes to financial trading, particularly in cryptocurrency trading, it becomes even simpler: seasons come and go, full moons must wane, and the sun rises and sets; these are the laws of nature.
The market's transition between bull and bear is similar; when the timeline is extended, these patterns are easy to grasp. A bull market isn't born in a day, nor does a bear market end in a day. Traders shouldn't pursue the absolute lowest point; such a point may only exist for a few seconds. For example, during the last bull market, not many managed to catch the low at 312 or 3800. Looking back now, buying in at 4000-6000 can be considered relatively low for the last bear market, which is normal.
Now, let's focus on: Is 2025 a bull market?
The general consensus is that 2025 will be a frenzied bull market, and I've also seen many voices of skepticism, such as: Everyone knows there will be a bull market in 2025, so will the bull come as everyone wishes? If everyone knows there will be a bull market in 2025, doesn't that mean everyone has already made money?
In response to this, I previously mentioned 'the unity of knowledge and action'; knowing is one thing, but being able to act on that knowledge is crucial. After all, ancient emperors had no personal matters, and today we have decentralized transparency, which everyone can see, so knowing isn't difficult; that's one point.
Secondly, I've mentioned that the current major cryptocurrency does not yet have the ability to dominate the market and rise against the trend in the entire financial trading landscape. Thus, the long-term trend of major cryptocurrencies is closely related to the macroeconomic environment. How do bulls come about? By injecting liquidity. How do they move? By raising interest rates. The previous known cycles of bull and bear markets have all followed this pattern. #山寨季将至？
Now, the consensus among most people is that the cryptocurrency market will experience a bull market in 2024 and 2025, but some believe: if everyone thinks the next two years will be a bull market, will the bull market still come?
First, the conclusion: Yes.
There is no secret to trading; broadly speaking, people have been trading since birth, constantly weighing choices and consequences. Some may find this a bit vague, but when it comes to financial trading, particularly in cryptocurrency trading, it becomes even simpler: seasons come and go, full moons must wane, and the sun rises and sets; these are the laws of nature.
The market's transition between bull and bear is similar; when the timeline is extended, these patterns are easy to grasp. A bull market isn't born in a day, nor does a bear market end in a day. Traders shouldn't pursue the absolute lowest point; such a point may only exist for a few seconds. For example, during the last bull market, not many managed to catch the low at 312 or 3800. Looking back now, buying in at 4000-6000 can be considered relatively low for the last bear market, which is normal.
Now, let's focus on: Is 2025 a bull market?
The general consensus is that 2025 will be a frenzied bull market, and I've also seen many voices of skepticism, such as: Everyone knows there will be a bull market in 2025, so will the bull come as everyone wishes? If everyone knows there will be a bull market in 2025, doesn't that mean everyone has already made money?
In response to this, I previously mentioned 'the unity of knowledge and action'; knowing is one thing, but being able to act on that knowledge is crucial. After all, ancient emperors had no personal matters, and today we have decentralized transparency, which everyone can see, so knowing isn't difficult; that's one point.
Secondly, I've mentioned that the current major cryptocurrency does not yet have the ability to dominate the market and rise against the trend in the entire financial trading landscape. Thus, the long-term trend of major cryptocurrencies is closely related to the macroeconomic environment. How do bulls come about? By injecting liquidity. How do they move? By raising interest rates. The previous known cycles of bull and bear markets have all followed this pattern. #山寨季将至？
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BTC: I am the largest MEME coin!
DOGE: I am the second, no dispute!
PEPE: I am the third, no objection!
SHBI: Don't you fucking care about me?
LTC: Stop arguing, I am also a MEME coin!
ETH: What about me?
BTC, DOGE, SHIB, PEPE, LTC: You are just a fucking idiot!
#BTC何时破9万？
DOGE: I am the second, no dispute!
PEPE: I am the third, no objection!
SHBI: Don't you fucking care about me?
LTC: Stop arguing, I am also a MEME coin!
ETH: What about me?
BTC, DOGE, SHIB, PEPE, LTC: You are just a fucking idiot!
#BTC何时破9万？
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Why did the price of PEPE suddenly soar?
The reason is simple, it is going to be listed on a big platform!
That's right, it means that PEPE will join their big family. When the news came out, everyone was overjoyed, because the famous cryptocurrency trading platform Coinbase said that this means that PEPE has been recognized by a big platform, and it will be more convenient to buy and sell in the future.
Moreover, this is not an isolated incident. Previously, the big platform Robinhood also said that it would list PEPE, which is double happiness!
PEPE fans have been waiting for Coinbase to list this "little frog" for more than a year and a half. Now, the wish has finally come true. The price of PEPE has soared like a rocket, and it has risen by more than 48% at once! The trading volume has also soared, and the market value has jumped to 9.895 billion US dollars. From the previous low on Binance, it has increased 42 times! In this bull market, PEPE has been in the limelight! #PEPE创历史新高
The reason is simple, it is going to be listed on a big platform!
That's right, it means that PEPE will join their big family. When the news came out, everyone was overjoyed, because the famous cryptocurrency trading platform Coinbase said that this means that PEPE has been recognized by a big platform, and it will be more convenient to buy and sell in the future.
Moreover, this is not an isolated incident. Previously, the big platform Robinhood also said that it would list PEPE, which is double happiness!
PEPE fans have been waiting for Coinbase to list this "little frog" for more than a year and a half. Now, the wish has finally come true. The price of PEPE has soared like a rocket, and it has risen by more than 48% at once! The trading volume has also soared, and the market value has jumped to 9.895 billion US dollars. From the previous low on Binance, it has increased 42 times! In this bull market, PEPE has been in the limelight! #PEPE创历史新高
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The first level is fast pace!
I just played with Chailie
It has doubled the profit in a short time!
#超级MEME周期？
I just played with Chailie
It has doubled the profit in a short time!
#超级MEME周期？
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From euthanasia to saving America: The past and present of Peanut, the internet-famous squirrel
At around 9:00 Beijing time on November 14, the market showed that PNUT (Peanut the Squirrel) briefly broke through $2.5 and reported $2.4158, setting a new record high, with a 24-hour increase of 422.3%. This is not the first time that PNUT has attracted attention with its rising trend. Around 20:00 on November 13, PNUT briefly broke through $1.5 and reported $1.515, with a 24-hour increase of 247.41%; on November 11, affected by Binance's listing of Peanut the Squirrel (PNUT), PNUT briefly touched $0.28, with an increase of 141.15% in 1 hour. But the story of the squirrel is far more than that. In addition to the rise and fall of Meme coins, this squirrel is associated with too many labels-the US election, Trump, Musk, euthanasia... More stories have to start before the US election.
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3 popular altcoins worth investing in after Bitcoin breaks 90,000!
The October CPI data released by the U.S. Department of Labor showed that the annual increase in CPI was 2.6%, and the annual increase in core CPI was 3.3%, both in line with market expectations. This data added support to the expectation that the Federal Reserve will continue to cut interest rates in December, and the market reacted with volatility.
After the inflation data was released, the price of Bitcoin broke through the high of US$93,000 in a short period of time in the early morning of the 14th, reaching a peak of US$93,263.
This wave of gains showed the market’s positive response to expectations of a rate cut, but it was quickly corrected due to selling pressure afterwards, with the price of Bitcoin falling back to around $88,000 and currently hovering at $89,828.
After the inflation data was released, the price of Bitcoin broke through the high of US$93,000 in a short period of time in the early morning of the 14th, reaching a peak of US$93,263.
This wave of gains showed the market’s positive response to expectations of a rate cut, but it was quickly corrected due to selling pressure afterwards, with the price of Bitcoin falling back to around $88,000 and currently hovering at $89,828.
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CPI inflation under control》Bitcoin breaks through 93,000 and then plummets by $5,000, with long and short positions hitting over 250,000
The data released by the U.S. Department of Labor last night (13) showed that the U.S. CPI (Consumer Price Index) in October rose 2.6% year-on-year and slightly increased 0.2% from September this year, both of which were in line with previous expectations. At the same time, the core CPI, excluding food and energy, remained the same as in September at 3.3%, and the annual increase was also 3.3%, both in line with market expectations.
The probability of a rate cut in December rose to 82.3%
Previously, due to Trump's victory in the US election, the market expected that Trump's economic policies after taking office might lead to a slowdown in the pace of interest rate cuts by the US Federal Reserve (Fed).
However, after the release of the October CPI, according to the CME Fed Watch tool, the market believes that the probability of the Fed cutting interest rates by 1 basis point in December has risen from 58.7% the previous day to the current 82.3%, and the probability of maintaining interest rates at the 4.75% to 5% range has dropped to 17.7%.
The probability of a rate cut in December rose to 82.3%
Previously, due to Trump's victory in the US election, the market expected that Trump's economic policies after taking office might lead to a slowdown in the pace of interest rate cuts by the US Federal Reserve (Fed).
However, after the release of the October CPI, according to the CME Fed Watch tool, the market believes that the probability of the Fed cutting interest rates by 1 basis point in December has risen from 58.7% the previous day to the current 82.3%, and the probability of maintaining interest rates at the 4.75% to 5% range has dropped to 17.7%.
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PEPE surges 90%! Coinbase and Robinhood are listed simultaneously, and Pepe Frog's market value officially exceeds 10 billion US dollars
Coinbase, a US-listed exchange, updated its coin listing roadmap last night, announcing that it will quickly list the meme coin PEPE (Pepe the Frog) on Coinbase. Coinbase Legal Director @iampaulgrewal also tweeted:
Sorry to have kept you waiting for this frog. Well, you’ll be able to buy it soon. Coinbase is adding PEPE to our coin listing roadmap, with the goal of launching later today.
It is also worth noting that online brokerage Robinhood also listed PEPE last night.
PEPE market value exceeds 10 billion US dollars
Perhaps motivated by the two major coin listing platforms, PEPE has skyrocketed since yesterday evening. Even after Bitcoin fell and consolidated, it continued to break upward. Before writing, it reached a high of 0.00002588 US dollars. The increase in one day once reached 91.1%, and the market value officially exceeded 10 billion US dollars.
Sorry to have kept you waiting for this frog. Well, you’ll be able to buy it soon. Coinbase is adding PEPE to our coin listing roadmap, with the goal of launching later today.
It is also worth noting that online brokerage Robinhood also listed PEPE last night.
PEPE market value exceeds 10 billion US dollars
Perhaps motivated by the two major coin listing platforms, PEPE has skyrocketed since yesterday evening. Even after Bitcoin fell and consolidated, it continued to break upward. Before writing, it reached a high of 0.00002588 US dollars. The increase in one day once reached 91.1%, and the market value officially exceeded 10 billion US dollars.
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Brothers, the 9-digit BTC is in the 9-digit range. At 9:30 last night, the US released the October CPI data, which was in line with expectations. In 4 hours, the BTC soared by 6,000 US dollars to 93,263 US dollars before pulling back. A week of madness has attracted many newcomers to the cryptocurrency circle. The fear and greed index is already 88, which is extremely greedy. The market is overheated and needs to release some overheated emotions. Be careful that the 9-digit BTC may return to below 8, and kill the leeks that are on the top.
Remember the A-share market before the National Day? Brothers, do you think the BTC will imitate the A-share market and continue to rise after a deep adjustment? I personally think this is very necessary, but the pullback is also part of the natural trend of the market. Everyone should keep a calm and rational attitude. Didn't CZ remind everyone a few days ago? Please implement risk management appropriately and control your greed. If this kind of real money game causes losses due to emotional overheating, it would be too wrong.
The unilateral upward trend of the BTC after the new high is extremely strong, and the consolidation trend is still bulldozing upward. Falling is an opportunity. For this kind of callback in the early morning, buy a small amount and control the position. Spot is enough. Buy any cake. If you really have some space, it will come back soon. Those who are afraid of heights are miserable. The bull market has just begun.
This round of rise is the hype logic of Trump and Musk. For MEME, there are only big cakes, dogs, and some strong MEMEs. This is the leader. Dogs will rise with big cakes. The market has not yet turned to other sectors of the market. The opportunity cost of ambushing other cottages is very high.
Today's market analysis: From the K-line, $BTC is falling at the one-hour level, the 4-hour level is also falling, and the 12-hour level looks like it will turn down. The daily level is still in an upward trend. The intraday pressure level is 93,300 and the support level is 87,500 US dollars.
#BTC冲破9万
Remember the A-share market before the National Day? Brothers, do you think the BTC will imitate the A-share market and continue to rise after a deep adjustment? I personally think this is very necessary, but the pullback is also part of the natural trend of the market. Everyone should keep a calm and rational attitude. Didn't CZ remind everyone a few days ago? Please implement risk management appropriately and control your greed. If this kind of real money game causes losses due to emotional overheating, it would be too wrong.
The unilateral upward trend of the BTC after the new high is extremely strong, and the consolidation trend is still bulldozing upward. Falling is an opportunity. For this kind of callback in the early morning, buy a small amount and control the position. Spot is enough. Buy any cake. If you really have some space, it will come back soon. Those who are afraid of heights are miserable. The bull market has just begun.
This round of rise is the hype logic of Trump and Musk. For MEME, there are only big cakes, dogs, and some strong MEMEs. This is the leader. Dogs will rise with big cakes. The market has not yet turned to other sectors of the market. The opportunity cost of ambushing other cottages is very high.
Today's market analysis: From the K-line, $BTC is falling at the one-hour level, the 4-hour level is also falling, and the 12-hour level looks like it will turn down. The daily level is still in an upward trend. The intraday pressure level is 93,300 and the support level is 87,500 US dollars.
#BTC冲破9万
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Ethereum funding rate soars to an 8-month high, sending a warning? Four major data reveal the current state of ETH demand
Since Trump was elected president, the cryptocurrency market has been rising day by day. Ethereum hit $3,442 yesterday (12), setting a new high since July and soaring by more than 31.3% in the past week.
In the past 12 hours, Ethereum has continued to fluctuate between $3,200 and $3,300. At press time, it was temporarily reported at $3,275.8, down 1.41% in the past 24 hours.
Ethereum's outstanding performance in the past week has driven market funds back into Ethereum. At the same time, investors are also closely watching whether it is at risk of falling back below $3,200.
Ethereum demand is strong
1) OI hits new high
During the past seven days of Ethereum's rebound, ETH positions in the futures market have increased. CryptoQuant data shows that Ethereum's total open interest (OI) in the derivatives market increased from 9.8 million ETH on November 5 to 13.2 million ETH on November 11, setting a new record high, with a growth rate of 34.69%.
In the past 12 hours, Ethereum has continued to fluctuate between $3,200 and $3,300. At press time, it was temporarily reported at $3,275.8, down 1.41% in the past 24 hours.
Ethereum's outstanding performance in the past week has driven market funds back into Ethereum. At the same time, investors are also closely watching whether it is at risk of falling back below $3,200.
Ethereum demand is strong
1) OI hits new high
During the past seven days of Ethereum's rebound, ETH positions in the futures market have increased. CryptoQuant data shows that Ethereum's total open interest (OI) in the derivatives market increased from 9.8 million ETH on November 5 to 13.2 million ETH on November 11, setting a new record high, with a growth rate of 34.69%.
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CPI data will be released at 9:30 tonight. As the data is about to be released, factors such as rising interest rates and a stronger dollar facing US stocks may drive market fluctuations in the short term. We need to pay close attention to the adverse impact of CPI data on market sentiment.
#比特币搜索热度攀升
#比特币搜索热度攀升
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Huge Crypto Whale Buys 200 Million Dogecoins Worth $45 Million
The Dogecoin (DOGE) network has been making headlines over the past few days for its impeccable growth. During this period, some investors were happy to see the meme coin gaining some momentum in its network. However, some others realized the further growth potential of Dogecoin and decided to make a large purchase.
The Dogecoin (DOGE) network has been making headlines over the past few days for its impeccable growth. During this period, some investors were happy to see the meme coin gain some momentum in its network. However, some others realized the further growth potential of Dogecoin and decided to make a large purchase.
The Dogecoin (DOGE) network has been making headlines over the past few days for its impeccable growth. During this period, some investors were happy to see the meme coin gain some momentum in its network. However, some others realized the further growth potential of Dogecoin and decided to make a large purchase.
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Now is the golden stage of the bull market. Although history will not repeat itself, emotions can be used as a reference. If you believe like me that this is a big bull market, every panic downturn is an opportunity. There may be new sectors or hot spots that will inject vitality into the market. But be careful not to adjust the position frequently. Small B is difficult to sustain. Just participate appropriately and run when you need to. The new gold brought by the election and interest rate cuts will eventually be concentrated on core targets, such as mainstream coins and hot sector leaders. This is your real support in this round of bull market! #BTC何时破9万？
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New chart is out! The core logic of Binance listing MEME coins!
If you want to make money with spot, there are two entrances now. One is to discover early golden dogs on the chain, and the other is to make opportunities for band dividends after listing on Binance
Binance's selection of MEME must go through the process of listing group, screening, discussion, and finally the decision-making of the eldest sister
Following the hot spots is the premise, and finally it must be in line with the interests of the platform and users
The narrative width is wide enough, there are no small limitations, the market value is relatively small, the project mechanism and chips are fair, the community cohesion is strong, especially there are many foreign users, and the impact on the Chinese community is relatively deep
Such MEME hot coins will appear in the Binance listing group screening list!
Regarding MEME coins with a low probability of listing, everyone should not give priority to them. I think Binance must first refuse to dig pits and mines for itself. As long as there are sensitive topics and names, they will not be considered as listing coins
For example, MUSK and TRUMP, what will happen if they are listed? They soar and plummet every day. If they see it, won’t they be disgusted? This is too sensitive
There are also emoticons and Chinese characters. Do you see such coin pairs on Binance? They are not standardized, especially the Chinese characters.
So you can carefully look at the logic in the picture below, and then look for such hot coins
#币安获CCData最高评级
If you want to make money with spot, there are two entrances now. One is to discover early golden dogs on the chain, and the other is to make opportunities for band dividends after listing on Binance
Binance's selection of MEME must go through the process of listing group, screening, discussion, and finally the decision-making of the eldest sister
Following the hot spots is the premise, and finally it must be in line with the interests of the platform and users
The narrative width is wide enough, there are no small limitations, the market value is relatively small, the project mechanism and chips are fair, the community cohesion is strong, especially there are many foreign users, and the impact on the Chinese community is relatively deep
Such MEME hot coins will appear in the Binance listing group screening list!
Regarding MEME coins with a low probability of listing, everyone should not give priority to them. I think Binance must first refuse to dig pits and mines for itself. As long as there are sensitive topics and names, they will not be considered as listing coins
For example, MUSK and TRUMP, what will happen if they are listed? They soar and plummet every day. If they see it, won’t they be disgusted? This is too sensitive
There are also emoticons and Chinese characters. Do you see such coin pairs on Binance? They are not standardized, especially the Chinese characters.
So you can carefully look at the logic in the picture below, and then look for such hot coins
#币安获CCData最高评级
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Musk will join the U.S. government's efficiency department. Will DOGE dance again?
Not long ago, when Trump was about to officially win the US presidential election, Musk tweeted in advance to celebrate. In the picture, Musk entered the White House holding a washbasin. After the picture was released, Musk has now "entered the cabinet" as he wished.
According to public documents, Trump issued a statement today saying that Elon Musk will work with American patriot Vivek Ramaswamy to lead the upcoming Department of Government Efficiency (DOGE).
As soon as the news was announced, market data showed that Dogecoin DOGE, which has the same name as the department's abbreviation, rose again from US$0.36 to above US$0.4.
According to public documents, Trump issued a statement today saying that Elon Musk will work with American patriot Vivek Ramaswamy to lead the upcoming Department of Government Efficiency (DOGE).
As soon as the news was announced, market data showed that Dogecoin DOGE, which has the same name as the department's abbreviation, rose again from US$0.36 to above US$0.4.
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Ethereum is expected to gain the most from Trump's victory
Ethereum is “positioned to benefit more from Donald Trump’s presidential election victory” than any other protocol, according to Consensys CEO Joe Lubin. “We’ve lived in a world that’s been manipulated by the SEC for a long time,” Lubin told Cointelegraph at Devcon 2024 in Thailand. “We think this is clearly driven by the progressive wing of the Democratic Party,” he added.
Consensys, which has been battling the U.S. Securities and Exchange Commission (SEC), laid off 20% of its staff in October and blamed part of the blame on the SEC’s “abuse of power.” Since Trump’s victory last week, Rubin believes things are looking up, especially with Ethereum’s prospects brighter given the final changes in the SEC’s leadership. “The U.S. has been suppressing Ethereum, especially Ethereum, for a long time, and that has caused a lot of panic and uncertainty.” Bitcoin has risen 16% since Trump’s victory on November 5, while Solana and BNB have risen 8% and 3%, respectively. Ethereum, on the other hand, has risen 23% in the past seven days and is trading around $3,200, according to CoinMarketCap. “We’ve seen a much more favorable rally for Ether [...] So I think Ethereum will benefit more than other protocols, especially because it’s much larger and more mature than all the other ecosystems except Bitcoin, which is mature but narrow,” Rubin said. Farside data shows that since Trump’s election, the U.S. spot Ethereum ETF has seen a lot of investment, with inflows reaching a record high of $295 million on November 11, but the Bitcoin ETF has performed much better in comparison.
Consensys, which has been battling the U.S. Securities and Exchange Commission (SEC), laid off 20% of its staff in October and blamed part of the blame on the SEC’s “abuse of power.” Since Trump’s victory last week, Rubin believes things are looking up, especially with Ethereum’s prospects brighter given the final changes in the SEC’s leadership. “The U.S. has been suppressing Ethereum, especially Ethereum, for a long time, and that has caused a lot of panic and uncertainty.” Bitcoin has risen 16% since Trump’s victory on November 5, while Solana and BNB have risen 8% and 3%, respectively. Ethereum, on the other hand, has risen 23% in the past seven days and is trading around $3,200, according to CoinMarketCap. “We’ve seen a much more favorable rally for Ether [...] So I think Ethereum will benefit more than other protocols, especially because it’s much larger and more mature than all the other ecosystems except Bitcoin, which is mature but narrow,” Rubin said. Farside data shows that since Trump’s election, the U.S. spot Ethereum ETF has seen a lot of investment, with inflows reaching a record high of $295 million on November 11, but the Bitcoin ETF has performed much better in comparison.
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3 altcoins that can increase 100 times after Musk takes office DOGE!
Whenever the market is not as expected, there will always be various interpretations in the market, such as the distinction between "old coins" and "new coins", or the change in the exchange rate trend of old altcoins relative to Bitcoin and Ethereum, or the main hot spots of this round of bull market are different from previous cycles, etc. These statements will appear in every round of market, and usually have a certain degree of subjectivity, and it is difficult to use them as a reliable basis for investment judgment. Therefore, I will not pay too much attention to this information.
For my personal investment portfolio, I always focus on one core: whether there is still huge growth potential in the future for public chains, wallets, DEX, lending, and stablecoins. Currently, many currencies are experiencing a correction, and the price drop makes many investors feel uneasy. But this kind of fluctuation is just a common adjustment in the market, and not all declines mean bad things. After the wash, the real opportunity will come. Adjust your mentality and prepare for the next strong rise!
For my personal investment portfolio, I always focus on one core: whether there is still huge growth potential in the future for public chains, wallets, DEX, lending, and stablecoins. Currently, many currencies are experiencing a correction, and the price drop makes many investors feel uneasy. But this kind of fluctuation is just a common adjustment in the market, and not all declines mean bad things. After the wash, the real opportunity will come. Adjust your mentality and prepare for the next strong rise!
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Yesterday's market review
Yesterday, BTC began to adjust and consolidate, and adjusted back to around 85,200, and then quickly recovered the restorative market. The short-term rapid rise and adjustment is a normal demand. It is expected to continue to consolidate during the day. Pay attention to the support of 85,000. At present, the greed index has soared. It is recommended that old irons holding BTC start to reduce their holdings and control risks. The daily level has entered overbought, and the weekly level has entered overbought. The expectation of a correction is strong. Pay attention to changes in market sentiment, reduce holdings to avoid risks, and continue to be bullish in the future if the big cycle remains unchanged.
The second cake followed BTC to adjust synchronously yesterday. It rose to 34,500 in a short period of time and then adjusted back to around 3200. It is expected to continue to consolidate during the day. Pay attention to the support of 3150-3200.
For the cottage industry, follow the mainstream to adjust synchronously. SATS continues to hold patiently. You can consider clearing your position around 50. PEOPLE has been repaired In the previous market, there was no obvious rise during the election, and many people got off the train. You can consider continuing to hold. FTM keeps holding. The new mountain race recommends ACT to consider following up. There will be good space in the future.
Intraday market analysis
BTC 1 hour and 4 hour levels are higher than the healthy level, and the daily level enters the overbought range. It is expected to consolidate during the day and fluctuate upward. The expectation of the big cycle has not weakened. The lower support is 85000-85500 during the day, and the upper resistance is 88800-89300.
ETH 1 hour and 4 hour levels are higher than the healthy level, and the daily level enters the overbought range. It is expected to consolidate during the day. The lower support is 3150-3200 during the day, and the upper resistance is 3350-3400.
#PNUT走高
Yesterday, BTC began to adjust and consolidate, and adjusted back to around 85,200, and then quickly recovered the restorative market. The short-term rapid rise and adjustment is a normal demand. It is expected to continue to consolidate during the day. Pay attention to the support of 85,000. At present, the greed index has soared. It is recommended that old irons holding BTC start to reduce their holdings and control risks. The daily level has entered overbought, and the weekly level has entered overbought. The expectation of a correction is strong. Pay attention to changes in market sentiment, reduce holdings to avoid risks, and continue to be bullish in the future if the big cycle remains unchanged.
The second cake followed BTC to adjust synchronously yesterday. It rose to 34,500 in a short period of time and then adjusted back to around 3200. It is expected to continue to consolidate during the day. Pay attention to the support of 3150-3200.
For the cottage industry, follow the mainstream to adjust synchronously. SATS continues to hold patiently. You can consider clearing your position around 50. PEOPLE has been repaired In the previous market, there was no obvious rise during the election, and many people got off the train. You can consider continuing to hold. FTM keeps holding. The new mountain race recommends ACT to consider following up. There will be good space in the future.
Intraday market analysis
BTC 1 hour and 4 hour levels are higher than the healthy level, and the daily level enters the overbought range. It is expected to consolidate during the day and fluctuate upward. The expectation of the big cycle has not weakened. The lower support is 85000-85500 during the day, and the upper resistance is 88800-89300.
ETH 1 hour and 4 hour levels are higher than the healthy level, and the daily level enters the overbought range. It is expected to consolidate during the day. The lower support is 3150-3200 during the day, and the upper resistance is 3350-3400.
#PNUT走高
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