Today is November 13th, and the BTC price is 87416.

1. Analysis of current currency market phenomena and reasons for the plunge of altcoins

Today was a depressing day. BTC only fluctuated slightly, but altcoins collectively plunged sharply (what is the reason for this?). However, BTC fluctuated above the 5-day moving average, and its upward trend has not ended, and altcoins still have a chance to rebound.

Don't lose confidence in DOGE. If DOGE fails, then there will be no future for altcoins. I plan to gather a group of brothers to participate in the Tugou project. If you want to get rich now, you may only be able to find opportunities in the Tugou project.

II. Analysis of Altcoin Status and Binance Project

Let me give you a brief analysis of the situation of altcoins in this round of market.

At present, among the projects that have experienced two rounds of bull market, hundreds of copycat projects have almost sold out their chips. These projects are no longer in a state where they can get out of the bull market with just a little capital, and their vitality is like reaching dusk.

In today's market with a shortage of funds, pulling up the price involves taking considerable risks.

Therefore, we can see that even if the price of BTC approaches 100,000, most altcoins are still hesitant, with only a slight increase, and they are just trying to make money by smashing and Yuelai when BTC fluctuates.

To put it bluntly, these project owners have already given up. First, they have already made a lot of money, and second, they don’t have many bargaining chips left.

Therefore, we will find that the projects recently launched by Bian are very strange, all of which are MEME coins with a market value of 10 to 20 million. This is because there is no other way, and it needs to find fresh blood to save Bian’s current situation. Moreover, for these MEME coins, Bian will buy some chips in advance to operate.

Today's PNUT is an example, where the company itself created hype by pulling up the price.

So now we need to focus on:

First, the market of Tugou will definitely be better than those old projects of Bian;

Second, we should pay special attention to the newly launched projects of Bei'an, because this is their self-rescue project and they will definitely boost the market.

3. BTC trend and subsequent trend forecast of altcoins

Judging from the market, BTC is still running above the upward 5-day moving average and is still far from falling below the 5-day moving average, so the time window for rising has not ended yet.

The decline of altcoins is large. What may happen here is that BTC consolidates strongly sideways, altcoins bottom out for a day, and then the two resonate upward for 2-3 days, and then turn to oscillation.

4. Analysis of Dogecoin Prospects and Dogecoin Project Opportunities

Don’t be disappointed with Dogecoin. Dogecoin is the next most promising project to pass ETF (this is a matter of words for Musk). It has historical and widespread influence, and now Musk holds There are more than 30% Dogecoin chips.

At present, the market value of Dogecoin is only 5 million US dollars, and the market value of at least tens of millions of US dollars is required to pass the ETF. This is bound to happen, it is just a matter of time.

You must learn to participate in local dog projects. The current local dog projects are like the bull market in 2017. There is no harmony and joy. You can only rely on pulling up the price to ship goods. This is the best opportunity to make money at present.

Bian will only choose Tugou projects to go online, so don’t be attached to Bian’s old projects and focus all your energy on Tugou projects.

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