November 4

Handsome Guy Research Report (Original Handsome Guy Investment Research Society has been closed)

Over the weekend, BTC continued to drop, with slight volume, hitting a low of around 67,500. This round of correction is related to the upcoming election, and it is still tense and difficult to judge whose winning probability is greater. Currently, the 4-hour level adjustment is nearing completion, with a 4-hour low divergence already formed. An intraday rebound is expected, and it is recommended to observe for a day, preferably waiting for clear signals from the election before considering entry. The daily level remains healthy, and the upward trend has not changed. Stay confident; there are still multiple positives such as interest rate cuts and FTX liquidity injection ahead. Remain optimistic; the mid-term bull market is about to start.

ETH dropped in sync with BTC yesterday, and the 4-hour level also formed a bottom divergence, reaching the support range. An intraday rebound is expected, and positions can be built in the 2400-2450 range. ETH's performance is still weaker compared to BTC, and the ETH ecosystem is still not very active. As BTC breaks and stabilizes, ETH's lagging behind is just a matter of time. A new round of rising cycle is about to start.

The altcoin sector dropped in sync with BTC, with most coins experiencing significant declines. Positions can be built intraday while waiting for a rebound. Continue to hold SATS, waiting for a rebound, and plan to exit around 50. For mid-term holdings, it can be watched up to around 80. PEOPLE has declined significantly, waiting for a rebound. After reducing positions in CKB, continue to hold and wait for ecosystem explosion. Hold FTM, and temporarily do not act on FB, waiting for ecosystem recovery.

Fundamental news: Pay attention to the election situation on November 5.

Primary market information:

RGB++ continues to attract attention; the recent popularity is not very good.

The rune market has somewhat recovered; friends who previously bought DOG are advised to hold long-term.

The on-chain MEME sector remains hot, requiring continued attention.

Intraday mainstream coin support and resistance:

Today's intraday market, BTC support at 68,000-68,500 below, resistance at 70,000-70,500 above; ETH support at 2,400-2,450 below, resistance at 2,530-2,580 above.

Today's greed and fear index: 70 (Greed)

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