Wow, this is awesome! I just talked about ENS in the last issue, and it just went up 50%!

Which meme coin can make you rich? First, let's talk about the recently disappointing Neiro and PNut.
Among the new meme coins, although Neiro has dropped quite a bit, I think it still has potential. However, I'm not sure what's going on with PNut, bought in at 1.3 and 1.5, currently down 20%.
But this is the norm for meme coins, we made 4 times on Doge, and 2 times on PEPE and WIF FLOKI, so we’ve already picked well. If a few meme coins lose a bit, that’s just the way it is.

Neiro and PNut shouldn't be heavily invested in, at most 5% of your portfolio for a gamble. If it exceeds that, it might be wise to switch to more stable options like PEPE and DOGE. I'm quite optimistic about Dogecoin, especially with the news of Musk being appointed as the DOGE minister on January 20th. I think PEPE could also increase by another 5-10 times by next year, which is quite promising.
When dealing with meme coins, it's better to choose those with larger consensus, as new meme coins are still not very stable. We should stick to our core focus, mainly on Doge and PEPE as the key meme coins.

Ethereum skyrocketed to 3684 overnight, and it can still rise!
We can break through and buy on the dip; a good entry position is around 3530-3550, because ETH tends to break through and then pull back near the previous high support before continuing to rise, which is quite logical and has a high probability. I have been encouraging everyone to enter ETH because it has a strong opportunity for catch-up and is expected to reach around 3900.

Bitcoin, on the other hand, is stronger than I expected. Previously, we analyzed that it could reach 87500 or above the 90K mark. Yesterday, it actually went above 90K and held, starting to rebound. Although it did not reach my ultimate target, our exit at 98K was successful, and we switched to ETH, which has performed really well.

I think the overall rise in the crypto market should wait until the Western Black Friday shopping season ends, as the last cycle was similar, and this time should be about the same.
Additionally, with the king of altcoins, ETH breaking through its previous high, I think PEPE also has a good opportunity for a catch-up, and we can buy on the dip. Let's see the subsequent trends after this week's Black Friday is over~

Ethereum is rising, give me a rise! I've given you my life, you have to take me up! It's about to break last week's high, and I expect to see 8000u after the upgrade in March next year!

Today, I will share some exclusive content. Doge is a good buying range between 0.34-0.36, and for the aggressive ones, you can buy slightly higher.
This coin is expected to gain some momentum before January 20th when Musk takes office as the Doge Minister. There should be a nice increase in the 2-4 weeks leading up to this date, and you can look for a high point to take profit around January 20th. I will notify everyone at that time.

Has Bitcoin finished its drop?
Now the first wave correction has been completed, but don't get too excited yet, there might be one last wave. The strong support this time is around 87,500, and I will fully enter the market here, and if you're aggressive, you can also look at the area above 90,000.
However, the world is unpredictable, so we must be prepared for both scenarios. Low-risk spot purchases can be made slightly, in case it doesn’t drop back and just goes up, even though the probability of this is low.
The current greed index has dropped from the highest 95 of "extreme greed" to 75 of "greed", which I think is very healthy and avoids overheating in the market. Because a bull market is not a one-way flow; it will have ups and downs and can last for a year.
The strong currency now should be ETH, which has even been stable instead of dropping. I believe it will have a significant rebound in the coming months.
Quality coins like Sol, Doge, and Pepe can also be bought on dips; these coins perform steadily and will do well when the market is good.

The blockchain has crashed! When it was at 97,000, I analyzed that it would drop to 87,500, and no one believed it, including myself who was doubting if it could really reach that. Now it seems that it can indeed reach around 87,500. I hope everyone who saw my previous analysis is prepared, and when it drops to that level, we can aggressively buy the dips on various coins.

This is a normal correction; it rose by 40,000 points and then retracted by 10,000 points, which is very normal.
You don’t need to ask me about the points for each coin; there are too many coins for you, and I can't analyze them one by one. I will only analyze the few that I am optimistic about, but all coins are influenced by the trendsetter Bitcoin. When it approaches 88,000, you can prepare to buy the small coins you like.

Additionally, there will be a significant event at 3 AM today. The Federal Reserve will announce the minutes from the November monetary policy meeting, which will include views on future interest rate cuts and will have a considerable impact on the market, so everyone should pay attention.

【Must See】Bitcoin will follow this script!
Veteran investors tell you that the current trend is exactly the same as in 2020, both starting to rise in October and doubling by November 25th. Last time it went from 10,000 to 20,000, this time it's from 50,000 to 100,000.
And then comes the traditional Western shopping frenzy, Black Friday, which fits the pattern of a drop during holiday seasons. Many retail investors will withdraw money to spend, pulling a lot of funds out of the crypto market.

Of course, the amount of money taken out is actually not much, but many people will anticipate this pullback, so even if they don't go shopping, they will sell at high points, and the combination of both actions will amplify the pullback effect.
Last year's Black Friday saw a 16% pullback in a week; this time it may pull back a little less. I see 87,500 as a very good support level, and if it gets there, you can enter directly. Additionally, above 90,000 is also a good round number support.

Referring back to the last cycle, after Black Friday it slowly rose again, but the increase was not large. It consolidated for 2 weeks before continuing to explode, so this time it might be similar.
And ETH's strength is evident to everyone. Big funds have entered, Bitcoin has plummeted, and it is consolidating. Once Bitcoin warms up, ETH will start to gain momentum. Any pullbacks can be bought, last night I advised everyone to long from above 3,350 to 3,460, and it reached that level this morning, operating aggressively every day.

Long-term low-leverage contracts for ETH, SOL, and various altcoins can still be accumulated at low points. Once the crypto market consolidates until early December, it will rise again, bringing another big wave!
Finally, don't forget to follow, veteran investor Shu Qin shares my experiences with you every day~

Ah, this MicroStrategy really is the industry lantern of doom. I just said that every time they announce a Bitcoin purchase, it leads to a crash, and this time it really did crash.
Poor my ETH, just about to take off and got dragged down by Bitcoin, now I can only wait for BTC to finish its pullback before anything else.

It's too wild. MicroStrategy bought 55,000 bitcoins last week, worth $5.4 billion.
I wondered why Bitcoin couldn't pull back. It turned out that this giant whale was buying like crazy. It could add positions like crazy at 99,000. Wall Street is so eager. I'm really confused!
But the interesting phenomenon is that every time MicroStrategy releases an update, Bitcoin will fall a little.
It seems that this round of bull market is really different. Institutions are crazier than us. The price of Bitcoin may exceed many people's expectations by next year.
In addition, the WIF that Shuqin asked everyone to ambush suddenly went crazy, soaring 15% to 3.65 in 10 minutes. This is how local dogs are. It is difficult to predict. Various shocks and pullbacks are inevitable, but once the cottage season comes, all kinds of explosions will double.
Now we just have to wait for Bitcoin to consolidate. It's best to step back to 95,000 and 87,500, do a squat and then continue to rise. This is a healthier trend in my mind.

Ethereum's next stop: 3900!
Now that Bitcoin is consolidating at high levels, this creates the best environment for Ethereum to catch up. After pushing up BTC, speculative funds are now seeking growth and starting to flow into ETH, which hasn’t risen much yet.
Considering it has already broken through the significant resistance of 3400-3500, I believe it will fluctuate and catch up to nearly 4000 this time, hoping Bitcoin can hold strong.

Actually, reaching 4000 isn’t considered high, after all, Bitcoin has long surpassed its previous high, and in the two months before Ethereum's upgrade in March next year, there will be even greater price increases, potentially reaching around 8000.
ETH has been calling for a catch-up in the past few weeks, and over the weekend, he urged everyone to increase their positions. I wonder if everyone has made their arrangements. I still hold onto my ETH. Keep it up~

This weekend was so exciting. Benqin went to the Australian Blockchain Conference in Sydney. I was really happy. There were many sports cars passing by outside the exhibition. Is Greater Sydney really richer than Melbourne?
Then I sneaked into several venues of Binance Australia. It was very lively.
At the same time, Benqin also looked at many new projects in Australia. The fundamentals are good. I hope that Australia can launch another IMX or Thor-level project this year. I also went to the booth of Tron. Unfortunately, Sun Ge didn't go. I remember that he attended the Australian Blockchain Conference in Melbourne last time.
Then I met many big names in the currency circle at the Afterparty. Everyone thinks that Solana will be an opportunity in this bull market. Many of them still hold JTO and Ray, the leading projects on the Sol chain.
They are also generally optimistic about Ethereum's catch-up gains in the two months before the upgrade next year. The most people hold Doge and Pepe. They believe that this round of Bitcoin will rise even more, because this round has the entry of Wall Street ETFs, which will be the same as the gold ETF, and there will be a period of rapid growth of 5-10 years.
Many people have very interesting views. I found many projects that I didn't pay attention to. I will talk to you about them when I have time~

Bitcoin faces resistance at the 100,000 mark, and in the worst-case scenario, it could drop to 87,250.
Although Shuqin hopes that BTC will soar straight up, it's rare in the cryptocurrency world for prices to only rise without any drops; it's very normal to see a pullback after a significant increase.

So for now, let's play it safe. I won't enter the contract position just yet; I will wait for a signal, which is when it breaks the previous high and confirms an upward trend again before I enter a right-side trade.
For a left-side entry, it must drop to a key support level before I enter, such as aiming for a small rebound around the minor support of 94,800, and then entering fully at 87,250. After all, contracts involve leveraging, and without a confirmed trend or when not at a support level, it’s easy to run into trouble.

As for the spot market, where there is no liquidation risk, Shuqin still chooses to hold, because in the long run, Bitcoin pullbacks are temporary. 100,000 is just the starting point, and I expect it to reach between 120,000 and 140,000 by January next year.
The same goes for various altcoins in the spot market; there will be even greater gains ahead, but you have to wait for Bitcoin's current consolidation to end before it can continue to soar. The bull market is expected to last nearly a year, so be a bit more patient, and walk with me to the end!

This is really exciting.
I have been holding the ETH that I bought at 2200 in August without selling. This afternoon, I added to my position at 3340 and am still holding firmly.
The ETH I bought at the bottom of 1300 at the end of 2022 is still quietly resting in my cold wallet.
Why can I hold onto my coins?
Besides being a 7-year veteran, what supports me even more is my belief; my faith in the cryptocurrency market's rise has never wavered. No matter how much it falls, I firmly believe that as long as I hold onto my coins, I will outperform 90% of retail investors. If there is even a hint of doubt, I cannot hold on.
So before making money in the crypto market, think about this: do you have faith?

Is Teda too fierce? Another 1 billion USDT was issued early this morning!
Institutions are really going crazy right now, basically buying billions and billions through Tether every day to enter the market. They are all waiting for a major correction in Bitcoin, but institutions keep buying in bulk, and the price increase in the crypto circle has already gotten out of control!
However, compared to the high-priced BTC, I still think ETH and SOL are cheap, and when Bitcoin can't push higher, these coins will start to catch up.

The meme coin sector is also worth keeping an eye on. We entered Doge at 0.1, Pepe at 0.06, WIF at 2u and sold at 3.9, Floki at 0.28 and sold, all making several times profit.
Except for Pnut, which is a bit of an oddball and I don't know if it's having a meltdown, we entered at 1.3 and 1.5 for a small loss, and when Musk shouts for it, it will rise, and we can accordingly reduce our position.

Apart from Doge, other meme coins have experienced significant corrections, and you can consider entering a bit. However, meme coins are very volatile, and Shuqin has tried to pick some decent coins, but there are still individual risks, so meme coins must be held in a diversified manner; you can't put all your eggs in one basket.
With Bitcoin now close to 100K, I really feel that entering BTC at this price is akin to entering the Nationalist Army in '49. For those who haven't entered yet, it would be more prudent to buy some ETH, SOL, and a small amount of meme coins on dips.

As I said, the peak will be around January 20 when Trump is inaugurated and in March during the Prague upgrade, and there may be 1 or 2 major corrections in between, so avoid high leverage; we aim for steady victory!

Bitcoin is really fierce this time, skyrocketing to 100,000 in one go!
Let me share my views on its trend. Shuqin expects that this peak will occur on January 20 when Trump takes office, reaching 120,000 USD. This is similar to last year's trend, which rose from October to January.

However, there might be a small pullback before that, but I don't expect mainstream coins like ETH and SOL to pull back too much, as per past experience, they are more likely to start catching up when Bitcoin consolidates. Once the mainstream coins finish catching up, it will be the altcoin season, and meme coins will surge.
Another peak is expected to occur in March, when the Ethereum Prague upgrade happens, and BTC will reach 140,000, not much higher than the previous peak, but ETH will see a significant catch-up, soaring all the way to 8,000.

Now Sol has taken off, and WIF actually has considerable room for catch-up, you can preemptively position above 3 and 3.2.
Then our ETH long position at 3060 successfully reached 3400, and Shuqin reminded here yesterday that this wave will at least go to 3400, I wonder if everyone has benefited from it? We are aggressively opening positions every day.
I believe ETH and Sol can still oscillate upwards, the bull market has really arrived!

Rise, rise, rise, keep rising!