November 1

Handsome Guy Research Report (Original Handsome Guy Investment Research Society was shut down)

Yesterday, BTC experienced a pullback and consolidation, with slight volume increase. The decline exceeded expectations, briefly falling below 69,000 today. The 4-hour downtrend momentum has not shown significant weakening, and there is still a demand for a pullback. However, the probability of a large drop is low, with strong support at 68,000-69,000. There has been considerable recent upward movement, making a pullback a normal occurrence. Cleaning and harmonizing will prepare for future increases. Those who reduced their holdings yesterday can build up during the pullback; it's also a good time to enter. The daily level remains healthy, and the upward trend has not changed. Maintain confidence; there are still several favorable factors ahead, including the upcoming elections, interest rate cuts, and FTX capital release. Stay optimistic; a mid-term bull market is starting.

ETH followed BTC with a synchronous pullback yesterday, with the pullback exceeding expectations, briefly falling below 2,500, without significant volume increase. The 4-hour downtrend momentum has not shown clear weakening, and there is still a demand for a pullback. Pay attention to the support situation at 2,400-2,450; this is where one can build up. ETH's movement remains weaker compared to BTC, and the ETH ecosystem is still not very active. As BTC breaks through and stabilizes, ETH catching up is just a matter of time. A new round of upward cycle is about to start.

The altcoin sector is consolidating in sync with BTC. SATS continues to be held, waiting for a rebound. When it rises to around 50, consider cashing out. For medium-term holdings, it can be seen to around 80. PEOPLE continued to consolidate yesterday; observe this week. If there is still no significant upward movement, consider exiting first. After reducing holdings in CKB, continue to hold and wait for ecosystem explosion. Keep holding FTM, and temporarily do nothing with FB, waiting for the ecosystem to warm up.

Fundamental news: Pay attention to today's non-farm payroll data, which is good for small non-farm data.

Primary market information:

Continue to pay attention to RGB++, as recent interest has not been very good.

The rune market has shown some recovery; friends who bought DOG before are advised to hold long-term.

The on-chain MEME sector remains hot recently and needs continuous attention.

Mainstream coin support and resistance today:

For today's intraday market, BTC has support at 68,000-68,500 and resistance at 70,000-70,500. ETH has support at 2,400-2,450 and resistance at 2,530-2,580.

Today's greed and fear index: 75 (Greed)

Pay attention to the crypto handsome guy; the latest research report is available.