Finding a meme is like finding the greatest common divisor.

Trump, Musk, and the bull market; let the big dog doge lead, and the little dog neiro follow.

It's the imitation season; ETH has finally strengthened, and the little dog neiro follows ETH's memes.

Play with new targets, play with new dogs, and the little dog neiro follows.

It is the leader and also the greatest common divisor. The greatest common divisor is the target where funds and traffic converge.

Why do most people still lose money during a bull market?
1. Poor timing: Even when opportunities are seized, managing positions is a challenge. During market fluctuations, it's easy to get scared and frequently engage in buying high and selling low.
2. Mistakes in coin selection: The coins purchased do not rise, while others held by others do. Unable to tolerate the psychological gap, they cut losses and switch positions, resulting in being trapped, leading to further losses, creating a vicious cycle.
3. Lack of understanding of cycles and rhythm: Easily influenced by market sentiment, lacking clear expectations for market peak cycles and target positions.
4. Blind confidence at high levels: As prices rise, confidence increases, even to the extent of borrowing or selling property to enter the market. The crazy atmosphere of a bull market leads to a proliferation of inexperienced participants.
5. Lack of cognition and learning: Unwilling to spend time and effort to improve understanding, lacking summary and reflection. High leverage and heavy betting become the norm, trading lacks logic and planning, falling into a daily gambling-like operation, lacking a long-term stable trading system.
6. Not understanding stop-loss: Blindly following trades without setting stop-losses leads to unplanned losses accumulating continuously.

The season of altcoins has arrived
Since 2020, altcoins have been in a low period for a full 4 years, and they haven't really risen. It can't be that altcoins will never rise; it's just a matter of probability. I believe there is a good chance they will rise this time, but I can't say that every altcoin will rise! Judging from the following points:

1: Pay attention to the project team, whether they are doing anything!

2: Is the trading volume increasing!

3: Has there been a significant rise following Bitcoin recently!

4: Does the token's economic model have advantages!

Overall, I believe altcoins will rise, for example, the recent alpaca and the new coins from Binance's first two rounds have all risen!

The market may break new highs in its early stages, and many stocks will rush to surge, causing the majority to miss the opportunity to get in psychologically, resulting in the market rising independently and the held stocks declining painfully;

Raising the platform → Observing and waiting → Timing the moves is a common tactic among most stock operators; Given the current situation, with the market hitting new highs and market sentiment running high, from the perspective of the main players, it is impossible for the market to acquire most of the low-priced chips. Quick absorption will lead to a rapid increase in both volume and price in a short period, during which smart funds will follow. After raising, the proportion of floating chips increases, becoming a resistance later;

The market after new highs is the most uncertain market, with both false and true breakthroughs resulting in a rapid increase in market volatility and activity, while platforms or declines can effectively lay the groundwork for subsequent operations and leave room for maneuver.

Ethereum went from 2350 to 3200 in just 5 days! How high can it go this time?
Currently, ETH's minor resistance is around 3350-3400, and the date of the major event is on November 12, so everyone can pay attention to this level and time. However, it shouldn't consolidate for too long because BTC has already broken through, and ETH is not considered overvalued at the moment; there is still room for growth.
However, all of this is just minor fluctuations. The Prague upgrade in early next year will be even more powerful for ETH, with a continuous rise for 2 months, going to 8000+
Some people still don't understand why I want to buy ETH, because they haven't experienced it; in 2017 and 2021, ETH saw increases of over 50 times. In a bear market, it weakens like a dog, while in a bull market, it becomes god-like.
In this cycle, I have already estimated very conservatively; a 50% increase in just one week is proof of its potential outbreak. Just wait and see for the Prague upgrade early next year!

Three People I Admire Most in Trading Meme Coins
1. Laser Cat
Discovered with a very small market cap, and consistently drilled down to a market cap of hundreds of millions, even billions, like ordi, pepe, neiro, pups, etc.
2. Big Universe
Only takes a few actions a year, enters when the market cap is relatively large and certainty is established, and is willing to take heavy positions, can hold on, and sells beautifully, like ordi, sats, bome, Pandora, etc.
3. Great Wizard
Relies on logical reasoning to find the main narrative of the market, last year ordi, this year neiro.

From the microstructure of the big cake, it has maintained a shrinking and oscillating upward trend recently, but the price has not changed substantially compared with the high point after the 6th. Faced with such a trend, many friends are struggling and wandering between the desires of long and short.

Recently, many people are looking forward to the callback to buy the bottom, and I am no exception, but from the perspective of trading psychology, the direction of the market will be opposite or inconsistent with what most people expect. It is still necessary to return to the specific trend to judge.

From the sideways state shown after the continuous divergence of the hourly line, the market has a strong bullish atmosphere, but the support of a larger level has not caught up. It cannot be used as a basis for direct buying before the time and space adjustment is completed.

There is not much opportunity for operation in the daily average amplitude of less than 2%. In addition to waiting for the opportunity of low and long, more energy can be put on the second-tier altcoins to make up for the rise.

If it is a space adjustment, refer to the support operation below. If it is a time adjustment, wait for the mid-line support of 4H and daily K to catch up, and the corresponding time is around November 11 and November 17 respectively. The reference moving average is the MA30 of this level.

Short-term support 74932~74117, second support 73110~71588, mid-line suppression 78987~80024,

Is the market hesitating to enter?
The market's mentality is like this: if you don't enter, you miss the opportunity, but once you enter, you worry about a pullback. However, institutions are continuously buying, why? Because they don't have enough chips in hand, so they must buy. Once institutions start buying, won't you follow suit? If they pull you up, will you just get thrown out with them? In that case, you'll always be at the mercy of the institutions. We must change this way of thinking; some people believe that it is better to miss an opportunity than to lose the principal.
Because as long as the principal is still there, there is still a chance; but if the principal is lost, where is the opportunity? Therefore, while they are busy speculating, we must be vigilant. There is no market that only rises without falling; such a situation will inevitably pull back, and the pullback is precisely to allow more funds to enter.
Only when the market has enough liquidity can there be higher increases. Currently, what the market lacks the most is liquidity. So, although the market is volatile, we cannot just sit idly by; we must be well prepared and seize the opportunity.

Did you miss out on this wave of Ethereum? Don't worry! This coin is also about to take off!

Given that ETH has already broken through, Pepe, which is closely linked to it, is also expected to break through the significant resistance at 0.12 and start a skyrocketing journey.
Currently, its price is 0.108, conservatively speaking, it can reach around 0.12, and once it breaks through, it can go to 0.14+

So compared to ETH, which has already risen a lot, I think PEPE will perform well in the near future. It hasn't risen much yet, so everyone can accumulate some at the dips~

In a cryptocurrency bull market, the altcoin season typically goes through the following 5 stages:

1. Bitcoin Stage: Funds first flow into Bitcoin $BTC, pushing its price to new highs, and market sentiment begins to heat up.

2. Quality Large-Cap Coin Stage: Subsequently, funds shift to quality large-cap coins like Ethereum ETH, SOL, etc., driving their prices up, and bullish sentiment in the market is further confirmed.

3. Strong Altcoin Stage: Next, funds enter strong altcoins such as YGG, NEAR, FTM, and INJ, which perform well with significant price increases. Positive news frequently emerges, while negative news is ignored or even interpreted as positive.

4. Mid to Small-Cap Altcoin Stage: Finally, funds flow into mid to small-cap altcoins, including SHIB, DOGE, PEPE, BONK, etc. The market enters a state of complete frenzy, buying leads to profits, candles get larger and larger, prices disregard technical fundamentals, all indicators become distorted, and analysts draw increasingly outrageous prediction arrows.

5. Curtain Call Stage: Bitcoin consolidates at high levels, volatility decreases, and some coins start to stagnate or experience significant pullbacks, while extremely low-cap altcoins see rapid doubling green candles, attracting the attention of new retail investors. This is a signal that the bull market is about to come to an end, yet most people remain standing in the center of the stage, unwilling to accept the curtain call.

Institutional Thinking vs Retail Thinking, Let's See Why You Keep Losing Money! 💯💯

1. Institutions work on 3 coins a year, while retail traders rush into 30 coins a day.
2. Institutions concentrate their funds to thoroughly understand one coin, while retail traders spread their funds and rush in blindly.
3. Institutions analyze x, tg, and community trends while looking at K lines, whereas retail traders buy just because others are profiting.
4. Institutions form circles to support each other, while retail traders engage in PVP and cut their friends off.
5. Institutions focus on researching coins at their bottom price, while retail traders only see the ones that have already increased.
6. Institutions have a pre-determined roadmap before buying coins, while retail traders buy and sell based on their mood.
7. Institutions have stop-loss lines, while retail traders don't sell until they hit zero.
8. Institutions spend 99% of their time researching and 1% trading, while retail traders spend 1% researching, 33% trading, 33% experiencing FOMO, and 33% slapping their thighs.

Based on last December's experience, Americans are basically on vacation throughout December, with very few working days, so it can be reasonably assumed that there is no market activity.

So in fact, the only thing worth looking forward to is this month. I hope we can have another celebration this month and enjoy a good New Year.

Everyone can also prepare their vacation plans for December in advance, as the entire month is basically a holiday, plus the transition period when the new president takes office in January, there shouldn't be much activity.

The Ethereum spot ETF has finally started to gain momentum

On November 6, net inflow of $52.3 million;
On November 7, net inflow of $79.42 million;
On November 8, net inflow of $85.9 million.

There have been large net inflows for three consecutive days, with an increase each day.

Let's discuss a knowledge point. 76600-77700 is a strong震挡带 leading to 80k. This is a small box, and the first support below it is around 75600 (I usually like to use the leopard number, for example, 75666). If it breaks below 75600, the second support is 74600, which is a weak support; if the bears are slightly stronger, it can reach 73800. If it falls back to 73800, it will exit this 76600-77700震荡带.

Therefore, when the bears are not very strong, like now, then it is definitely worth buying back near 75600. After that, entering this震荡带 allows for short positions (the profit-taking and stop-loss points are very clear). Every 10k points has 2 strong震带; it's not something that can be broken through and stabilized in one or two attempts. It will rub repeatedly, and it's very normal to take one or two weeks. As long as it doesn't break below the second support at 74600, the recent strategy of attacking 80k remains unchanged.

Short-term has a demand for pullbacks, at the 4h level, only observe, do not trade. The pullback at the 4h level does not need excessive attention unless it expands to the daily level, which is only just starting now.
Moreover, after the 4h adjustment ends and pulls back, it may be higher than before the adjustment.
Having expectations for the pullback is fine.

In fact, Bitcoin has reached an awkward position where it doesn't dare to drop

Those who are afraid of losing after a significant drop have all run away, and don't dare to enter the market

With so much injected capital, it can't leave empty-handed

What can be done, other than sideways consolidation, constantly frustrating everyone's mindset, making you unable to sleep, constantly absorbing chips

But ultimately, an excuse needs to be found to start the next round of direction

Evening Analysis:
1: Musk plans to fend off Mars before Trump's term ends
2: The current long-short ratio is still low at 0.54, with many people shorting, so it can't drop much; don't expect a big pullback unless it goes up first
3: Friends in spot trading should be cautious of risks in this area; I remain optimistic in the long term, but short-term operation is to wait for the pullback to the previous high before buying
4: Historically, the 12 months following the U.S. elections have been the strongest period for cryptocurrencies. From November 2016 to November 2017 (Trump), the increase was 896%; from November 2020 to November 2021 (Biden), the increase was 351%; the next 12 months should be very bullish
5: Contracts must have a smaller stop-loss setting, with take-profit set at twice the stop-loss; maintain the same position size each time and strictly execute the strategy. Even if the ratio of opening in the right and wrong direction is 55:45, you will still make money unless you keep opening in the wrong direction
6: SOL's current round of increase is very strong; currently at 204, you can reduce your position. The high point in March this year was around 210, close to the resistance level + top divergence can reduce your position; wait for a valid breakthrough to buy again. The current price can allow for a small short position, with a replenishment price of 207 and a stop-loss price of 210, high cost-performance ratio #DOGE看涨情绪飙升

In the current market situation, it is recommended that investors with average trading levels try to avoid short selling. The logic of short selling is much more complex than going long; it is not necessarily suitable to short just because the price is falling, nor is it guaranteed that a significant price increase means one can short.

1. Without a major level (daily and above) divergence signal, it is not advisable to short blindly. Otherwise, if one fails to take profits in time, it is easy to be consumed by a price increase or rebound.

2. Avoid short selling unless in a strong oscillation range. For example, in the range of 76600-77700, one can try to short briefly. It is not suitable to short before reaching a peak. For instance, 79600-80000 as a round number and peak level is a better shorting opportunity.

3. Even if the price rises to 98000, as long as it does not reach a liquidation point, there is still an opportunity for profits on the decline. After all, even if it rises to 100,000 dollars, the bottom support remains at 72,000.

Today's ETF
Yesterday, Bitcoin ETF net inflow reached $1.359 billion, setting a new historical high!
Large holders/institutions are optimistic about Bitcoin continuing to rise.

Many altcoins are also stirring.
But the leaders are expected to be AI and meme coins.
This round hopes to replicate the state after Bitcoin broke the $30,000 resistance.
Stay steady!
🙂🙂🙂