About the market in November

Elections are approaching. Q4. End of the year. Christmas. New Year???

Chaos and uncertainty are the two main things happening in the current market.

There are many reasons to explain, especially the reason of elections.

Price movements in the election years of 2020 and 2016 for $BTC and SPX are similar. Chaos.

The market usually adjusts 5-6 days before the election.

Chaos = opportunity.

High probability, after the election, the market will continue to rise higher. Of course, not 100%.

$BTC, I believe there is a 90% chance the price will be higher than the current level from now until the end of the month. It can be said that betting on $BTC has proven to be the best RR bet of this cycle. It will remain so until the end of the cycle.

$ETH. It depends. I predict $ETHBTC will create a bottom this month, fluctuate in December, and start to reverse in the new year. Will $ETH outperform $SOL? No. It's good enough that it increases. Both will rise together, strongly.

With technology coins. Each segment will be pushed in turn. I think choosing 1-2 narratives to filter out the strongest ones is sufficient. I still have faith in technology in this cycle. I choose AI/Depin Narrative and DeFi (especially new DeFi projects).

With memecoins. Memecoins are currently continuing to diversify into a new segment, AI memecoins. In this segment, I think only $GOAT is worth holding long-term. The rest are all returning to dust. AI meme tokens will need time to prove themselves before rising strongly again. I still bet most on animal memecoins. The animal kingdom will still prevail.

For lazy readers: HIGHER, HIGHER, HIGHER