Crazy, crazy, completely crazy
The market has gone completely crazy, breaking new historical highs. It only took a week, from 69k to 89k, Bitcoin surpassed silver from the 9th asset in the world to the 8th in the world. All this is because the old man won. Market sentiment is high, small investors and institutions are buying crazily, and U has been issuing more and more, and pulling up the market again.
Since Bitcoin broke through the historical high, all technical indicators are not very useful. After warning of risks yesterday, it pulled back by about 5%, but it came back overnight. There are many pins and V-shaped reversals in the bull market. I hope everyone will not think about fighting those pullbacks. Even if you want to do it, you must bring a stop loss. Don't hold the order because of that limited profit, which will lead to the loss of all the opportunities later.
It is recommended that everyone get rid of the operating habits of the previous 8 months of shock washing, and now follow the trend to integrate into the operating environment of the bull market. Winning the election is only the first step, taking office is the second step, and accepting the promise is the third step. In addition, the official launch of the interest rate cut cycle means that this position is definitely not the top, otherwise why are those institutions still buying crazily? Never try to bet on limited callback profits in a one-sided market, otherwise you will be trapped again and again, and in the end, the prosperity of the entire cryptocurrency circle may have nothing to do with you. Finally, I emphasize that you should hold on to the spot! ! !
Dogecoin has also skyrocketed. Let me tell you the reason for its surge. Someone interviewed Musk before and asked him if he was willing to lead the government. Musk joked that he was willing to lead the DOGE government. As Musk bet on Trump's victory, Trump officially announced today that Musk will cooperate with American entrepreneur Vivek Ramaswamy to lead the proposed government efficiency department (abbreviated as DOGE). You thought he was joking, but who knew he was serious.
Today's market analysis, from the K-line, BTC is falling at the one-hour level (there is a stop-loss signal), sideways at the 4-hour level, and still rising at the 12-hour and daily levels. The intraday pressure level is 90,000 and the support level is 85,500 US dollars.
If you are still losing money, comment 333 and I will take you on board
