Shanghai uncle said that there will be a big rise in December and a continued rise in January, but in my time cycle, although there will be a 5-wave rise at the end of the month, December and January will overall be a period of decline and adjustment. February and March will be the explosive period for the market. I am very worried about the remaining 2 teeth of Shanghai uncle. The big coin below 80,000 will definitely reach before New Year's Day. The market is driven by funds, and trading volume is the source of life. It doesn't matter if it goes up or down, just don't let it rise with shrinking volume. Shrinking volume means that buying power is weakening, and there will be fewer buyers. With so many profit positions above, who will take them? It will lead to a continuous decline afterwards. Summary of the afternoon's key points:
1: On November 18, 2,830 BTC were bought in the US ETF, and 12,700 ETH were sold.
2: Large spot traders dumped 110 million USD, with 92,000 being a strong resistance.
3: The big coin is consolidating in a sideways pattern for 4 hours and will continue to break upwards after the consolidation, with 88,700 and 86,800 still being low buy points, defending 86,000.
5: The big brother Grayscale has started to reduce positions in Ethereum again, and was tricked again in the morning, continuing to place orders at 3,088 and 3,050, defending 3,088.
6: The Solana chain is very popular, with everyone rushing to Solana chain tokens, causing prices to remain high, dividing the Binance chain and Ethereum chain shares, making the strong stronger and the weak weaker. 230 and 221 can still be ambushed, defending 216.
7: ACT is the first AI meme spot, and its big brother $GOAT doesn't even have such treatment, only launching contracts with a spot layout at 0.54 and 0.49.
8: PNUT represents the spirit symbol of democracy and is the largest alpha in this round, currently being washed out. A spot layout at 1.5 and 1.4 is enough.
9: 20 days 1,473 times, a trader with a capital of 1,100 USD obtained a profit of 1.62 million USD through URO and RIF. This is obviously an insider, so don't believe in the myth of getting rich too much.
