If you understand, you will know how to escape the top and buy the bottom.
Brother Niu's speculation has come true one by one. It started to fall in the evening, and it fell a little early by one or two hours. After the opening of the US stock market last night, the big cake pulled up to the top of 89900-90500 in the early morning.
Now the overall trend is to fluctuate downward. The big cake correction will only happen in the next two days. It is estimated to be in the range of 83000-85250. For the copycat spot and contract, it is recommended to buy the bottom and go long and take the spot after a drop of 20%. Of course, there is no need to go to the bottom.
The characteristic of the bull market is that the correction is very fast. After the correction is in place, the big cake will go to 100,000. You said it might fall to 78,000, but this wave of correction will not reach it. It is expected to fill the gap of 78,000 at the end of the month or the beginning of next month at the latest.
The overall order-making idea has been given to you for the past few days. If you want to follow it, you can send a private message to Niu Niu.
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Brother Niu summarized the recent market situation and various news to consider how to layout the next steps and avoid the peak.
On November 6, Trump was elected, and on that day the market peaked at around 76,400. This surge was driven by the favorable news of Trump's election.
Then, from November 7 to November 9, did you notice the insufficient upward momentum? The positive data expectations had already been exhausted, so during these three days, the peak only reached around 77,150.
On November 10, the reason for the market surge that day now seems to have been foreshadowed, as Tether issued 200 million USDT, and the subsequent issuance of another 200 million USDT led to an increase of about eight points, reaching around 83,000.
The surge on November 12, which is today, was due to Tether issuing another 200 million USDT ten hours ago, bringing a large amount of capital into the market. Additionally, at 5:20 AM, Trump announced even more space for cryptocurrency and a more relaxed policy, leading to a surge to 89,530.
Why does Brother Niu want to review the surge for you? Only by understanding the general operation behind the surge and keeping up with the times can one avoid being crushed by the wheels of history. Coupled with a discussion with a senior big shot, this article presents the next outlook:
Look at the altcoins. Brother Niu still has losses from March, and many altcoins have not returned to March's prices. Bitcoin will not suddenly reach 120,000; there is still a gap around 78,000 that hasn't been filled (as shown in the image below). This gap is expected to be filled around November 23, and those who are still on the sidelines can consider getting in around this time.
As for the current operation, after today, a short-term rebound to around 82 can be a buying opportunity. Brother Niu's view is that tonight Bitcoin will follow the US stock market and surge again, expected to reach the position of 89,900-90,500. Brother Niu is hesitant to set a target of 9.4; the bull market is undeniable, all the favorable data has been consumed, and unless there are unexpected developments, this round of increases is expected to peak at the positions above, followed by a period of turbulence and decline.
Of course, what Brother Niu provides is just personal opinion. If you agree, please follow; if you don't, that's okay, after all, 'different opinions for different people.'
Brother Niu summarized the recent market situation and various news to consider how to layout the next steps and avoid the peak.
On November 6, Trump was elected, and on that day the market peaked at around 76,400. This surge was driven by the favorable news of Trump's election.
Then, from November 7 to November 9, did you notice the insufficient upward momentum? The positive data expectations had already been exhausted, so during these three days, the peak only reached around 77,150.
On November 10, the reason for the market surge that day now seems to have been foreshadowed, as Tether issued 200 million USDT, and the subsequent issuance of another 200 million USDT led to an increase of about eight points, reaching around 83,000.
The surge on November 12, which is today, was due to Tether issuing another 200 million USDT ten hours ago, bringing a large amount of capital into the market. Additionally, at 5:20 AM, Trump announced even more space for cryptocurrency and a more relaxed policy, leading to a surge to 89,530.
Why does Brother Niu want to review the surge for you? Only by understanding the general operation behind the surge and keeping up with the times can one avoid being crushed by the wheels of history. Coupled with a discussion with a senior big shot, this article presents the next outlook:
Look at the altcoins. Brother Niu still has losses from March, and many altcoins have not returned to March's prices. Bitcoin will not suddenly reach 120,000; there is still a gap around 78,000 that hasn't been filled (as shown in the image below). This gap is expected to be filled around November 23, and those who are still on the sidelines can consider getting in around this time.
As for the current operation, after today, a short-term rebound to around 82 can be a buying opportunity. Brother Niu's view is that tonight Bitcoin will follow the US stock market and surge again, expected to reach the position of 89,900-90,500. Brother Niu is hesitant to set a target of 9.4; the bull market is undeniable, all the favorable data has been consumed, and unless there are unexpected developments, this round of increases is expected to peak at the positions above, followed by a period of turbulence and decline.
Of course, what Brother Niu provides is just personal opinion. If you agree, please follow; if you don't, that's okay, after all, 'different opinions for different people.'
Tomorrow is Saturday, and I have a福利 code for everyone.
Enter a long position near the current price of mew at 0.00988, with a take profit near 0.0012.
Set a stop loss of three to five points, hoping this trade can give everyone a pleasant weekend.
After taking profit on the long position, place a short position nearby to achieve a double profit from both long and short, with the short position's take profit set at the four-hour low.
Why do 99% of people in the cryptocurrency space fail to make money? When everyone enters the cryptocurrency space, their initial thought is to make money, but the reality is that most people end up failing. Why? Because there are three core reasons. Reason one: Driven by emotions People are easily influenced by emotions, and emotional decision-making often leads us to make big mistakes in the cryptocurrency space. Fear: When seeing the market drop, we panic, worried about expanding losses, even questioning life. Regret: When the account starts losing money, we can't sleep well at night, hating ourselves for buying in, feeling hopeless. Complacency: Occasionally making some money leads us to think we are geniuses, too lucky, and will soon get rich. These emotions cloud our judgment; in reality, market fluctuations are normal, and short-term ups and downs do not determine long-term outcomes. Yet we tend to overthink, exaggerating losses and mistaking profits for skill, which easily leads us astray emotionally. Reason two: Only looking at surface phenomena Many people in the cryptocurrency space focus only on superficial things, such as price fluctuations or various news online. These may seem lively but are essentially useless. For example, the market is like a shadow play. If you only look at the shadows in front of the curtain, you will never know what the people behind the scenes intend to do next. Only by going behind the scenes, understanding the puppeteers and their objectives, can you truly see the whole picture. Here, the "curtain" represents the market, and the "puppeteer" represents price fluctuations. To make money, you should not just follow the price but understand the broader direction to avoid wasting time and capital. Reason three: Influence of the environment The cryptocurrency space is a place where one can easily lose themselves. You will find that it amplifies human greed, anger, fear, ignorance, and arrogance. Many people, after entering the cryptocurrency space, become just like their surroundings: They only think about making quick big money, completely ignoring risks. After buying coins, they fantasize about an immediate surge, disregarding logic and fundamentals. They hope others will provide free answers while they are unwilling to spend time learning. These thoughts are essentially assimilated by the environment. We should understand that the cryptocurrency space is just like the real world; to succeed, one needs to invest time and effort, study seriously, and accumulate experience rather than rely on shortcuts.
A whale accumulated 398,889 $ETH at an average price of about 6 dollars (currently worth 1.34 billion dollars), and is now selling $ETH again!
This whale accumulated 398,889 $ETH from January 18 to March 10, 2016 (then worth 2.4 million dollars), with an average cost of about 6 dollars per $ETH.
After being dormant for more than 8 years, this whale became active again on November 7, starting to sell $ETH.
So far, 73,356 $ETH (224.42 million dollars) have been sold, with 325,533 $ETH remaining (worth 1.1 billion dollars).
$BTC $SOL - Bitcoin reached a new high close to 99k. $SOL hit the previous high of 260 dollars. • Reuters reported that the cryptocurrency advisory committee proposed by Trump may establish a Bitcoin reserve in the United States. • Citron released a report stating that MicroStrategy's stock valuation is too high. The report noted its optimism for $BTC itself but holds a short position on $MSTR. • SEC Chairman Gary Gensler announced that he will officially step down on January 20, 2025. Since the announcement, $XRP has seen a slight increase. • FTX announced that it will begin refunding users in March. Following the news, $FTT rose by about 40%. • New CEO Rick Wurster told Yahoo Finance that Charles Schwab, a $7 trillion asset management company, plans to offer direct cryptocurrency investments to its clients. • $SOL - The SEC is in discussions with issuers seeking to launch a $SOL spot ETF, and the SEC is currently preparing an S-1 application. • $JTO - A new Tiprouter proposal has been released, which increases profits for JTO stakers. If the proposal passes, the Jito Treasury fee for Jito tips will be reduced by 15bps (from 2.85% to 2.7%). This fee will be redirected to Jito stakers through the Jito Tip Router. • $COW - Coinbase Int. announced that the $COW -PERP market will begin on November 26 (starting after 9:30 AM UTC). • $WEN - Wintermute has acquired 1.5% of the $WEN supply (approximately 11 billion $WEN).
As we approach the 23rd, ETH has also rebounded, but it's still a bit insufficient, not even reaching 3500. Including today, there are only about three days left for a rebound opportunity.
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November 21 Market Insights
I haven’t analyzed the data for my friends for several days. Are you confused? Market Review and Analysis The market of Bitcoin is as expected, but the market of Bitcoin is just garbage. If the garbage doesn’t stand up in the next two days, Bitcoin will soon experience a deep correction. The sentiment brought about by the current rise of Bitcoin is quite Fomo. In the past, we said that Bitcoin would be worth 100,000 US dollars, and we always regarded this number as a slogan. However, now this dream will soon come true. From 312 to 519 to today, in the big cycle environment of Bitcoin, Bitcoin has just broken through to 98140. A Bitcoin worth more than 600,000, I can only say that this Bitcoin is too delicious!
I haven’t analyzed the data for my friends for several days. Are you confused? Market Review and Analysis The market of Bitcoin is as expected, but the market of Bitcoin is just garbage. If the garbage doesn’t stand up in the next two days, Bitcoin will soon experience a deep correction. The sentiment brought about by the current rise of Bitcoin is quite Fomo. In the past, we said that Bitcoin would be worth 100,000 US dollars, and we always regarded this number as a slogan. However, now this dream will soon come true. From 312 to 519 to today, in the big cycle environment of Bitcoin, Bitcoin has just broken through to 98140. A Bitcoin worth more than 600,000, I can only say that this Bitcoin is too delicious!
$TROY The manipulation of Troy is really disgusting, they took my membership and then took off.
The top two on the increase list were both bought by Brother Niu, I feel so embarrassed.
I told you to be a bit steadier with spot trading, but you insisted on doing contracts. Well, just before the manipulation took off, there was a big spike, just asking if you feel uncomfortable or not.