#币圈行情分析 • Macroeconomic Analysis:
• Price Trend Expectations: Bitcoin has recently been fluctuating at high levels, with low probability of a significant pullback in the short term. It is expected to challenge the $100,000 mark this month and may challenge the historical high of around $130,000 next month.
• Volume Changes: Market trading volume surged from an average of $120 billion last week to $450 billion this week, reflecting heightened bullish sentiment while also indicating that some funds are quietly withdrawing.
• Institutional Actions: Between November 10 and November 13, institutions like Paradigm and DWF transferred altcoins to exchanges for dumping, while ancient ICO addresses and high-win-rate whales significantly reduced their holdings of ETH.
• Long/Short Situation: The rapid surge in prices has led to a significant increase in futures positions, indicating that shorts are resisting market trends. Neither side will back down without a clear winner.
• Investment Reminder: The bull market presents both profit opportunities and significant risks. It is crucial to seize selling opportunities and to secure profits at high points. When the market is overheated, it’s important to pay attention to risk warnings.
• Market Analysis:
• BTC Situation: Currently in a week of fluctuations, with significant volatility. There is still potential for upward movement according to trends, but the current price is precarious, and the market is in a state of extreme greed. The support level around the $85,000 - $86,000 range on the daily chart should be closely monitored.
• ETH Situation: The 1-hour and 4-hour levels have returned to healthy levels, while the daily level is above healthy levels. A consolidation is expected during the day, with key support at $2980 - $3030 and resistance at $3150 - $3200.
• Altcoin Situation: If you missed the opportunities in the earlier phase (BTC + MEME) and the later phase (XRP + ADA), established old coins at the bottom (like DOT, ATOM, ICP, FIL, etc.) are good choices for betting on a rebound.