Fans from all over the Internet, the positive news has been released. Here are the three long-term trends in the fourth quarter. Let me briefly talk about it!

I need to remind everyone that while bullish sentiment is very strong, the stronger the incitement, the more terrifying the pullback will be!

This round, supported by favorable sentiments from many aspects, the market has broken through the historical high. So the historical issues are now facing us.

1. The favorable news, compared with previous major news, such as production cuts and ETFs, all broke through highs in advance, and then adjusted and plummeted after excessive digestion under the background of emotional assistance. The past is still vivid in our minds.

2. Looking back at the Bitcoin band, in the long term, in every round of upward attacks, its range limit fluctuations are basically locked within 13,000-15,000. If it exceeds, it will cross and the wave will go crazy. This round of Lianyang's rise from 67,000-82,000 has just stuck in the 15,000 range. Even if there is an increase later, the space will be limited.

3. The current mainstream Bitcoin price has risen a round due to the intervention of funds, and the historical high has broken through again and again, but it has not been much larger. At the same time, it has also been accompanied by buying orders. Once the bad cold air hits, the subsequent collapse of the waterfall will also produce a butterfly effect.

4. Refer to the monthly and weekly lines. This year, the base months will see the bottom. There will be low points in March, May, July and September in 2024. Time, history and band trends are all like this! If history repeats itself in November, then adjustments are inevitable!

To sum up the above four points, we still need to be rational when chasing highs. The space above is temporarily limited, and we are all testing step by step. Don't take the high position too seriously for the time being, and analyze and judge calmly.

After the last sharp rise in this round, the extreme high point will be in the 83,000-85,000 area. At that time, there will be a possibility of a large-scale dive, returning to the annual wide range of 65,000-76,000.

I will make a timeline prediction for the trend from 11.10 to 23.

1. The daily line is still strong and bullish. After 7 consecutive positive days, if it continues, it will go out of the 19-21 day rising stage. That is, it will continue to operate at a high level for 13 days before it will fall. Now it is the 6th day, and there are 13 days left, which is the end of the month.

2. From November 11 to November 18 next week, the high level will be maintained for a week, and the over-correction range will be fixed at 75800-83500. It will rise in the last 5 days of the rising stage, that is, November 19-11.24, but will not break 85000. Then, it will start to go out of the downward wave around November 25, and the low point will be 66000-71500 first, and then welcome the upward wave at the end of December, and keep the upward wave until the end of January.

Then for the short-term operation later, there are still many retracements, but it is limited to short-term, and long-term spot is not the best time. In the periodic high point area, you can try short-term. Strong support 76600-73600-69800, pressure 85000. This week is likely to rely on this range for transition, and there is a high probability of a big Yin-Yang conversion, which will be accompanied by repeated washes. Don't chase the rise and sell the fall. Be careful, be careful, remember!

There will be a noticeable adjustment waterfall in about a week! Everyone must be extra careful!

The above is Ultraman's view on the trend in the fourth quarter. If you have different opinions, please feel free to discuss in the comment area! At the same time, the band and long-term will also usher in the layout. There should be two rounds of long-term trends before the New Year. Eat meat to get back the investment, go ashore, and celebrate the New Year! It all depends on the fourth quarter of this year!

I wish you all the best! Everything goes well! 2024.11.11. Written by Ultraman! $BTC $ETH $