$BTC $ETH $SOL

11.17 00:00 00:00 Analysis Issue 67

The most critical moment has come: the cottages that should have risen have all risen, and the ones that should not have risen have also risen, why is the current market trend so slow to rise?

Indeed, the rotation of ... There are several reasons why it does not go down:

1. It has entered the weekend with a small fluctuation without liquidity

2. Although the bullish potential is constantly weakening, there is still residual heat

3. Resonance has not yet formed (different levels of indicators are intricate and chaotic, and all indicators need to be in a unified pace to form resonance)

Looking back at the market in the past few days, since the attack on 93, there have been two callbacks of about 5,000 dollars. The rest of the time, the fluctuations have become smaller and smaller, and there is also a phenomenon that "the bottom is high and the top is low"!

To the north: This round of rise has now gone out of a 58% increase, the greed index has begun to explode 90, and the purchase of ETFs has begun to decrease. The expectation of interest rate cuts has become lower. Next, in the absence of greater positive factors, the space for continuing to attack has become limited, at least the volume is gradually weakening.

To the south: Everyone knows that the bull market needs to step back, and many people are looking at below 80,000. This is inevitable. How long will it take? Whether the market is long or short, it will always fall and rise again. Only when one side finishes singing will the other side rise. The last round of 72 fell below 60,000 for more than half a month, and this round should not be so fast. If it goes down directly, the bulls will directly turn into bears, which will cause stampedes and black swans. After the ETF is passed, Bitcoin will change from a barbaric type to a regular army, so the real accelerated decline will only occur where most people think they can buy the bottom.

Ethereum has moved down from a high of 344 to 332 to 322, and the low has always been around 3050. So 3000 has become a defensive barrier again. Of course, as long as it does not break 2800, it can still be seen above 4000.

Sol is only about 5 points away from the historical high, and the intraday increase is more than 10 points. If the market does not adjust, it is not difficult to break the new high.The peak of this bull market appeared at 245.