December 12
Handsome Guy Research Report (Original Handsome Guy Investment Research Society has been banned)
Yesterday BTC started to rebound, and has once again broken through the 100,000 mark, which meets expectations. Today, pay attention to the stability of 100,000. If it holds, it is expected to continue to rise. Yesterday, we suggested to lightly follow up; if it holds today, you can continue to follow up. The long-term outlook remains unchanged, the bull market is still on, but be prepared for pullbacks. There are still several favorable factors coming up, such as interest rate cuts and FTX liquidity injections. Stay optimistic, the mid-term of the bull market is starting.
ETH followed BTC and rose synchronously, now breaking through 3850, which meets expectations. Today, pay attention to the breakthrough situation of 3900-4000. It is expected to continue to rise today, and you can lightly follow up.
The altcoin sector is rising in sync with the mainstream, with most altcoins showing significant rebounds. Yesterday, we suggested to reduce holdings and follow up. It is expected to continue to rise today. SATS should continue to hold. There was negative news about the inscription sector yesterday, which was not sent by Binance's official Twitter, so it should not be considered. If you have confidence, continue to hold. Sell when it rises to around 50. For medium-term holdings, you can look towards around 80. After reducing holdings of CKB, continue to hold and wait for the ecological explosion. Those still holding FTM can reduce their holdings, and POLYX can continue to hold.
New altcoin suggestions: pay attention to ACT, the community building is very good. It is a new track, a new sector, AIMEME series. Currently, GOAT has not yet reached a big market with a market cap of 1 billion. ACT is expected to become the new leader and may reach a market cap above 1 billion. Keep up the good work with your holdings.
Fundamental news: Yesterday's CPI data was healthy, increasing expectations for interest rate cuts; positive news.
Primary market information:
RGB++ continue to pay attention, recent heat is not very good.
The rune market has somewhat recovered, and those who bought DOG previously are advised to hold for the long term.
The on-chain MEME sector is still hot, and it needs to be continuously monitored. The narrative of DOGECAST is good, consider ambushing and waiting for the narrative to start.
Mainstream coin support and resistance today:
Today's market situation: BTC has lower support at 99,500-100,000 and upper resistance at 103,000-104,000. ETH has lower support at 3750-3800 and upper resistance at 3900-4000.
Today's greed and fear index: 83 (extreme greed), CMC shows 80.
Pay attention, Handsome Guy is back, the latest research report is here.