November 23rd, Saturday, good afternoon brothers!

✅️ Market Review and Analysis

The market and expectations are basically in line, the only difference is that Bitcoin has not yet broken through that epic level, but it is only a matter of time. A breakthrough of 100,000 USD is inevitable, just brewing for an adjustment. I originally thought there would be a pullback after the breakthrough, but unexpectedly, this pullback came early last night. The pullback is just to liquidate some long positions and will not affect the trend change!

Currently, the price of Bitcoin is around 98700, and Ethereum is around 3350. In the past two days, Ethereum has actually only rebounded less than 10%. There is still space for further movement, and pullbacks are all opportunities. From the adjustment in March until now, do not be fooled by the current washout to get off the bus!

Resistance and Support Levels

BTC Resistance 99000/99580/100000

Support 98000/97200/96000

ETH Resistance 3400/3480/3630

Support 3300/3220/3150

In the next period, it will be a time to long on pullbacks.

✅️ Spot Market and Primary Market

The primary market seems a bit quieter than before, but it is still very FOMO. Many people stay up late monitoring currencies every day. I won’t explain much about the primary market, just grasp it yourself, small funds for speculation!

In the secondary spot market, it is clear to see that Ethereum has not risen much, rebounding less than 10 points. If Ethereum can reach above 5000, then all the altcoins will have a lot of space!

From the perspective of sector rotation, the Solana ecosystem has been very hot due to the primary market meme effect. Solana has broken new highs, and ecological coins like Jto and Ray have performed well!

Recently, with the new meme coins listed on Binance, the overall meme sector has been driven, and currently, the entire sector is in a consolidation phase, following the overall market trend.

Currently, the leading sector is the public chain sector.

Xlm Algo Ada Iota Avax Dot Atom Fil, etc. Here, I recommend a Flow, which is also an old public chain, currently around 0.8 USD, you can layout a bit.

No one can determine which track will be next, but there is no doubt that sectors are rotating.

Solana ecosystem, meme sector, public chain, old mainstream.

Next will be artificial intelligence, chain oil, inscriptions, storage, DeFi metaverse, layer 2, etc.

However, as long as Ethereum rallies, the first to be driven will still be layer 2. Op spot at 2.15 is still a buy!

Capital rotation, sector gains, those with large gains can consider switching positions!