January 7

Handsome Guy Research Report

Yesterday, BTC maintained a volatile upward trend, with a significant increase in volume during the early morning, exceeding expectations; it has now stabilized above 100,000. A daily golden cross has formed, and the daily cycle is expected to continue rising. There is an expectation of a pullback and consolidation during the day to prepare for the subsequent rise. The pullback support range can continue to be followed. Those who previously received tips to build positions should hold on and wait for further increases. A new round of upward cycles is about to begin; now is the time to wait for the subsequent rise. The long-term outlook remains unchanged, the bull market is still on. In the coming days, there will be several favorable factors such as interest rate cuts and FTX liquidity injections, so remain optimistic.

ETH is rising in sync with BTC, which is in line with expectations, and the trend remains healthy, having stabilized above 3,600. The expectation for the day is a volatile upward movement, and a new upward cycle is about to start. The intraday pullback support level can be considered for further follow-up.

The altcoin sector is consolidating in sync with the mainstream, showing slight increases. It is advisable to consider further follow-up today while waiting for a new round of upward cycles. For those already invested in altcoins, continue to hold SATS, and consider cashing out around 50. For mid-term holdings, it can be expected to reach around 80. After reducing positions in CKB, continue to hold and wait for ecological breakthroughs. For those still holding FTM, consider reducing positions. POLYX can continue to be held, and ACT should be kept.

Fundamental news: None

Primary market information:

Recently, on-chain MEME has shown some recovery, continue to monitor. DOGECAST has begun to attract speculative interest, nearly doubling in the past couple of days. Those who have made good entries can choose to reduce their positions; I personally advise waiting for an explosive move.

Today's support and resistance levels for mainstream coins:

In today's market, BTC has support at 99,500-100,000, and resistance at 103,000-104,000. ETH has support at 3,580-3,630, and resistance at 3,750-3,820.

Today's greed and fear index: 78 (Greed) CMC shows 66.