This is truly a historic bull market!

Bitcoin is hitting new highs every day, trending on social media every day!

Everyone's assets are hitting new lows daily, with no Bitcoin in hand, all are altcoins, and all altcoins are crashing, with no signs of a bottom, while Bitcoin continues to rise, inducing shorts and rising again, the daily and 4-hour K-lines have not shown large bearish candles or long upper shadows, recently Bitcoin's upward continuation has seen bears very active, the more it rises the more they short, leading to more shorts the more it rises, the funding rate has returned to a low, and OKEx even had a negative funding rate at one point, yet there are still many bears going against the trend, a significant trend opening gap may not be filled, there is a gap at twenty thousand but it hasn't been filled yet, those buying altcoins are all Chinese, while those buying Bitcoin are institutions! To summarize the key points from the morning:

1: BTC dominance hits a new high of 61%, all altcoins are crashing

2: In the past, Bitcoin would fly, then Ethereum would fly, and then altcoins would fly, be cautious with Ethereum and altcoins currently shorting

3: Ethereum has just formed a short-inducing pattern, beginning to lead altcoins in catching up, the low long positions have been very profitable these days, continue to buy in the 3060-3030 range, defend at 3000

4: Neiro, Pnut, and Act have touched bottom and rebounded, consider building positions in batches with spot trading

5: Multiple cryptocurrency spot ETF applications are underway, DOGE ETF may be submitted by December 31

6: Nvidia expects Q4 revenue to be $37.5 billion, slightly above market expectations, good news priced in, opening down 5%

7: Folki launched on Coinbase today, trading skyrocketed

8: Sun bought bananas at the auction site, and Ban directly plummeted