December 13
Handsome Guy Research Report
Yesterday BTC continued to rise, in line with expectations, started to pull back in the early morning, falling below 100,000. During the day, pay attention to the support situation at 98,500-99,000, expecting consolidation. After stabilizing, further increases are anticipated. This week, it is expected to break through the previous high. It can be followed up, and the long-term outlook remains unchanged; the bull market is still on, but be prepared for pullbacks. There are several favorable factors coming up, including interest rate cuts and FTX liquidity, so stay optimistic. The mid-term of the bull market has started.
ETH followed BTC and rose synchronously, now breaking through 3,900, in line with expectations. During the day, pay attention to the support situation at 3,850-3,900. After stabilizing, further increases are anticipated, trying to break through the key resistance level of 4,000, can lightly follow up.
The altcoin sector rose in sync with mainstream coins, with most altcoins rising slightly. It was suggested yesterday to follow up, expecting continued rises during the day. SATS should continue to hold. There was negative news about the inscription sector yesterday, which was not sent by Binance's official Twitter, so do not reference it. If confident, continue to hold; liquidate around 50 after rising, and for mid-term holdings, it can be looked at around 80. After reducing CKB, continue to hold and wait for the ecosystem to explode. Those still holding FTM can reduce their holdings, and POLYX can continue to hold.
For new altcoins, pay attention to ACT. The community building is very good, a new track, a new sector, AIMEME series, currently GOAT has not yet reached a market cap of 1 billion. ACT is expected to become the new leader and may reach a market cap of over 1 billion. Keep up with the construction and hold well.
Fundamental news: None
Primary market information:
The rune market has recovered somewhat; friends who previously bought DOG are advised to hold long-term.
Recently, the on-chain MEME sector remains hot and needs to be continuously monitored. DOGECAST has a good narrative and can be considered for ambushing while waiting for the narrative to start.
Mainstream coin support and resistance during the day:
Today's market, BTC support at 98,500-99,000 below, resistance at 101,000-102,000 above; ETH support at 3,800-3,850 below, resistance at 3,950-4,050 above.
Today's greed and fear index: 76 (Greed) CMC is 78.
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