November 9

Handsome Guy Research Report (original Handsome Guy Investment Research Society has been shut down)

Yesterday BTC continued to oscillate upward, briefly breaking through 77000 to reach a new high. Today’s expectation is a slight pullback for adjustment. Long-term holders can slightly reduce their holdings. This is a technical correction, waiting to re-enter after the pullback. The expected pullback will not be too large, maintaining an upward oscillation trend. Those with confidence can continue to wait for subsequent rises. The daily level remains healthy, and the upward trend remains unchanged. Stay confident, as there are still multiple favorable factors ahead, such as interest rate cuts and FTX liquidity release. Remain optimistic, and the bull market is in the mid-stage.

ETH rose in sync with BTC yesterday, continuing to catch up. It has now broken through the 3000 mark, successfully surpassing the key resistance range of 2950-3000. Pay attention to the support in this range; if the pullback does not fall below, it will continue to rise. Expect a slight adjustment during the day, a corrective market, and continue to be bullish. A new round of upward cycles is about to start.

The altcoin sector slightly rose along with BTC, and most altcoins began to follow ETH's rise. However, many cryptocurrencies have not returned to their previous declines. Be patient and wait for a full explosion in altcoins. Several altcoins experienced slight pullbacks during the day, which is a normal adjustment. Hold SATS, sell when it rises to around 50, and for those holding long-term, it can reach around 80. People should wait for a rebound; the trend is not very healthy, consider selling when it rebounds to around 0.067. After reducing holdings in CKB, continue to hold and wait for the ecological explosion. Maintain holdings in FTM, and for FB, hold off for now, waiting for ecological recovery.

Fundamental news: None

Primary market information:

Continue to pay attention to RGB++; recent popularity is not great.

The rune market has shown some recovery; previous DOG buyers are advised to hold long-term.

The on-chain MEME sector remains hot and needs ongoing attention.

Support and resistance for mainstream coins during the day:

For today’s market, BTC has support at 74500-75000 below and resistance at 77000-77300 above, ETH has support at 2900-2950 below and resistance at 3050-3100 above.

Today’s Greed and Fear Index: 75 (Greed)

Pay attention to Crypto Handsome Guy, the latest research report is available.