After having a bowl of Nanchang mixed noodles, it was very fragrant. After eating, I quickly got back to work.
Let’s first review yesterday's predictions:
1: Successfully predicted that 76700 was the short-term high point.
2: 2780 Ethereum allowed everyone to get back in.
3: I kept advising everyone to aggressively build positions in Neiro when prices were low.
4: TRUBO short-term gained 8 points.
Important summary for this morning‼️
1: This week the election ends and the Federal Reserve's interest rate cut is realized, favorable news is already in place. Currently, Bitcoin is showing a double top divergence on the 1-hour chart, indicating a need for a pullback.
2: Bitcoin needs to consistently stay above 736 to oscillate; altcoins will take turns catching up. If it dips below 74,000, decisively buy the coins you are optimistic about.
3: BTC funds are flowing back into Ethereum, focus on Ethereum. The Ethereum exchange rate is rebounding, altcoin season is coming. Place buy orders at the lower end of the small cycle, as Bitcoin has shown a double top divergence.
4: An 8-year veteran reminds everyone that dollar-cost averaging into valuable coins is the best investment strategy, which lowers the holding cost and is still applicable now.
5: Friends shorting Ethereum, it won't drop unless it's fully liquidated. Don’t short unless there’s an upward spike; avoid going against the market. Bulls rise amid skepticism, and my personal target sees a spike at 3000.
6: Ethereum currently has a 1-hour double top divergence. Generally, a strong market will only pull back on the second top divergence. Be aware that shrinking volume declines will continue to hit new highs, and there's the developer conference next Tuesday to speculate on #DOGE看涨情绪飙升 l#山寨季将至? .