On November 27, 2024, Wednesday, market sharing.
The market has been correcting in the past few days. Remember one thing: it's hard to buy a bull's turn back. This bull market is very similar to the one in 2020.
In 2020, XRP started, and then Bitcoin rose from $10,000 to $20,000 in November. This time, Bitcoin is expected to rise from $50,000 to $100,000.
Then at the end of the year, a lot of funds pulled out a portion, leading to a weak market adjustment and correction, but the extent won't exceed 20%. Then in 2021, the big bull market officially starts, so this bull market is very much like the previous one.
Currently, Bitcoin is focused on not breaking below $90,000; this level of support is very strong. This correction is different from before; Bitcoin's correction caused altcoins to plummet, but this time the altcoins haven't dropped much.
This indicates that the Bitcoin market is not draining the altcoins anymore, which is a good thing for them. The contracts are still mainly low longs. The market is dropping like this, but the two contracts we recommended are still in profit.
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