Cryptocurrency News

November 16th Hot Spots;

1. BIO Protocol founder: BIO's Launchpad and token transfer functions will be launched in early Q1 next year

2. dYdX passes the revenue distribution proposal: 50% allocated to MegaVault, 10% allocated to Treasury SubDAO

3. Amid the boom in the cryptocurrency market, DeFi Technologies’ assets under management (AUM) surged 38%

4. Fed's Collins: Will not rule out the possibility of easing policy in December

5. FTX liquidation address received approximately $5.81 million worth of POL from Polygon half an hour ago

Trading experience

The air force is basically all trapped, and can't adjust much. After finally being trapped, we can't let them run away. I don't think the market will pull back very deeply. Just like what I said a few days ago, the speed of the main rising wave in the late stage of this bull market is twice as fast as the previous bull market. There is not much time for adjustment. If you are not on the train, then basically you can only wait and see the whole process. There are also people waiting for a big drop and correction, and some are even more outrageous. They say that the fishtail market is waiting for the bear market, and they will miss the big market that has been waiting for several years. These people who missed the opportunity are basically talking about risk control, but you have to understand that it has been adjusted for eight months. The premise of risk control is that the future is unclear, or it has risen to a very high position. The market has already told you clearly that the bull market is coming and the eight-month adjustment has ended. It is really ridiculous that you are still controlling risks. Rather than controlling risks, it is better to say that you missed the opportunity to find psychological comfort for yourself.

LIFE IS LIKE 

A JOURNEY  ▲

Below is the real-time group order of Dabai Community this week. Congratulations to the friends who have followed. If you are not operating smoothly, you can come and try the water.

The data is authentic, and each order has a screenshot at the time it was issued.

Search for the public account: Dabailunbi

BTC

analyze

Bitcoin daily line rebounded yesterday from the lowest near 87050 to the highest near 91850, closing near 91050. The upper pressure is near 92000. A new high can be seen if it breaks through. The lower support is near the MA7 moving average. You can go long near the MA7 moving average when it retraces. The MACD long position is shrinking. The four-hour lower support is near MA14. If it falls below, it can be seen near MA30. You can go long near the MA30 when it retraces. The upper pressure is near 92500. A new high can be seen if it breaks through. The MACD short position is shrinking, and there are signs of a golden cross.

ETH

analyze

Ethereum rebounded yesterday from the lowest near 3015 to the highest near 3135, closing near 3090. The upper pressure is near the MA7 moving average. If it breaks through, it can be seen to near 3250. The lower support is near 3000 points. If it falls below, it can be seen near MA200. If it falls back, it can be taken near MA200. MACD long positions shrink. The upper pressure of the four-hour is near MA30. If it breaks through, it can be seen near 3300. The bottom support is near MA90. If it falls back, it can be taken near MA200. MACD short positions shrink. There are signs of forming a golden cross.

Disclaimer: The above content is personal opinion and is for reference only! It does not constitute specific operational advice, nor does it bear legal responsibility. The market situation is changing rapidly, and the article has a certain lag. If you have any questions, please feel free to consult.