November 20
Handsome Guy Research Report (Original Handsome Guy Investment Research Society was banned)
Yesterday, BTC saw a slight increase, briefly breaking 93500 to set a new historical high, in line with recent expectations. Currently, the 4-hour trend is healthy, moving upwards in a fluctuating manner. There are no negative fundamentals observed, but the greed index is relatively high. Focus on market sentiment. There is potential for another breakthrough to a new high soon. The daily chart remains healthy, and the upward trend has not changed. Maintain confidence; there are several positives ahead, including interest rate cuts and FTX liquidity. Stay optimistic; the mid-term bull market is starting.
ETH follows BTC in synchronous consolidation, with a weaker trend compared to BTC, maintaining range-bound fluctuations. Pay attention to the support level at 3000 during the day, expecting continued consolidation and a corrective market.
The altcoin sector follows BTC in synchronous consolidation, generally experiencing slight declines. SATS should be held; consider cashing out when it rises to around 50. For a mid-term hold, it could reach around 80. PEOPLE has seen slight increases and can be exchanged out; those still confident can continue holding. The PEOPLE election phase has not yet started, and many have already exited. There are still expectations for future increases. After reducing holdings, CKB should be held while waiting for ecological explosions. FTM should be held, while FB remains untouched, waiting for ecological recovery.
New altcoins to watch: ACT, which has very good community building, is a new track and new sector, AIMEME series. Currently, GOAT has not yet hit a market cap of 1 billion. ACT is expected to become a new leader, potentially surpassing a market cap of 1B. Follow along with the collection.
Fundamental news: None
Primary market information:
Continue to pay attention to RGB++, recent enthusiasm is not very good.
The rune market has shown some recovery; those who previously bought DOG are advised to hold long-term.
The on-chain MEME sector remains hot and needs continuous attention.
Mainstream coin support and resistance for the day:
Today's market: BTC support at 90000-90500, resistance at 92000-93000. ETH support at 3000-3050, resistance at 3150-3200.
Today's greed and fear index: 83 (extreme greed) CMC is 82. The greed index has soared; be cautious of risks. Mainstream coins should appropriately reduce holdings, and altcoins must have stop-loss measures.
Pay attention to crypto handsome guy; the latest research report is available.