December 9

Handsome Guy Research Report (Former Handsome Guy Investment Research Society was banned)

Over the weekend, BTC maintained consolidation, and is now starting to adjust. In the past few days, trading volume has noticeably decreased, and market sentiment has slightly declined. After BTC breaks 100,000, some retail investors will sell. The recent decrease in trading volume may signal the end of retail selling pressure, and the expectation for further price increases remains. Today, pay attention to the support level of 97,500-98,000, as short-term consolidation builds strength for future increases. The long-term outlook remains unchanged; the bull market is still on, but be prepared for corrections. There will be several favorable factors coming up, such as interest rate cuts and FTX capital release, so stay optimistic for the mid-term bull market.

ETH follows BTC in consolidation. After breaking 4,000, there is some selling pressure. The candlestick trend remains healthy. Expect a pullback today, paying attention to the support level of 3,850. Once it stabilizes, it will attempt to break the key resistance level of 4,000 again. If it holds above 4,000, the outlook remains optimistic.

The altcoin sector is undergoing a similar adjustment to mainstream coins, with most altcoins starting to pull back, but not significantly. Continue to hold SATS; cash out when it rises to around 50. For medium-term holdings, it can go up to around 80. PEOPLE has not seen growth for a while and can be exchanged for others. Those who are still confident can continue to hold. After reducing holdings, continue to hold CKB and wait for ecological breakthroughs. Those still holding FTM can reduce their holdings, while POLYX can continue to be held.

For new altcoins, consider focusing on ACT, which has excellent community building. It's a new track and new sector, part of the AIMEME series. Currently, GOAT has not yet hit the big market with a market cap of 1 billion. ACT is expected to become a new leader, potentially reaching a market cap of over 1 billion—stay updated on building your holdings.

Fundamental news: None

Primary market information:

Continue to pay attention to RGB++, recent interest has not been very good.

The rune market has recovered somewhat, and those who previously bought DOGE are advised to hold long-term.

The on-chain MEME sector remains hot recently and needs continued attention. DOGECAST has a good narrative and can be considered for an ambush while waiting for the narrative to kick off.

Today's mainstream coin support and resistance levels:

For today's market, BTC has support at 97,000-98,000 and resistance at 100,000-101,000. ETH has support at 3,820-3,870 and resistance at 4,000-4,050.

Today's greed and fear index: 78 (Greed). CMC shows 82. The greed index remains high; be cautious of risks. Mainstream coins should reduce holdings appropriately, while altcoins should carry stop-losses in the short term.

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