November 13

Handsome Guy Research Report (formerly Handsome Guy Investment Research Society was shut down)

Yesterday, BTC underwent a correction and is currently consolidating in the 85000-89000 range. The recent rapid rise needs to be corrected and consolidated; this is a normal pace, so there is no need to worry. It is expected to continue consolidating throughout the day, correcting the previous upward trend. Pay attention to the support at 84500-85000 below and the strong resistance at 89500-90000 above, where multiple attempts have failed to break through. The day is expected to continue consolidating, with CPI data to be announced at 9:30 PM tonight, with a slight bearish expectation. Be cautious of risks and consider reducing positions appropriately, waiting for the consolidation to end before choosing to follow up. The daily level remains healthy, the upward trend has not changed, maintain confidence. There are still several positive factors ahead, such as interest rate cuts and FTX liquidity injections, so remain optimistic; the mid-term bull market is about to start.

ETH followed BTC in a synchronous correction yesterday, briefly touching 3450 before pulling back. Today, pay attention to the support at 3150-3200. A corrective market is relatively healthy; correction and consolidation are beneficial for better upward movements later. The day is expected to continue consolidating and correcting. Focus on the evening data market. Conservative friends can consider reducing positions to avoid risks, waiting for the consolidation to end before choosing to follow up.

The altcoin sector did not follow BTC in a synchronous correction. SATS should continue holding; take profit around 50, and for medium-term holding, it can be seen around 80. PEOPLE remains unchanged, and can be exchanged for cash; those who are still confident can continue holding. PEOPLE has not yet started during the election phase, and many people have already exited. The expectation for future upward movement still exists. After reducing positions in CKB, continue holding and waiting for ecological explosion. FTM should be held, and FB should remain unchanged, waiting for ecological recovery.

For new altcoins, it is recommended to follow ACT, which just went live on Binance yesterday, with a 20x profit in the primary market. The community is well-built, a new track, a new sector, AIMEME series, has the potential to become a leader. Currently, GOAT has not yet entered the big market with a market cap of 800 million; ACT has the potential to become a new leader and possibly reach a market cap of over 1 billion. Those who followed the building yesterday should hold well; for those who did not build, consider entering during the correction at 0.5-0.52.

Fundamental news: CPI data will be announced tonight, slight bearish.

Mainstream coin support and resistance for the day:

For today's market, BTC has support at 85300-85800 below and resistance at 88800-89300 above. ETH has support at 3150-3200 below and resistance at 3350-3400 above.

Today's greed and fear index: 84 (extreme greed) CMC shows 85.

Pay attention to Crypto Handsome Guy, latest research report to know early.