11.20 Bitcoin's Final Surge Reminder: Beware of the 'Bull Market' Illusion, Seize Opportunities for Positioning!

Bitcoin is likely to reach around 94,500-95,000 soon, while Ethereum may surge to 3,260. After this round of increase, Bitcoin may begin a real correction. Therefore, we currently recommend maintaining a basic position of 3%-5%, and controlling leverage at 5-10 times, patiently waiting for the best opportunity to add to the short position.

We speculate that after Bitcoin breaks through the previous high, the market will enter a high-level pullback phase. Once a large amount of selling occurs along with leveraged buying phenomena, it will be the best time for us to further increase our positions. Using floating profits to enlarge positions, seize this wave of fluctuations, and profits may significantly rise!

This wave is not a bull market, it is really not a bull market! The recent strong rise of Bitcoin is just part of the “Americans setting a trap,” and they might be planning an unprecedented harvest. The recent collapses of several banks in the U.S. and the national debt crisis indicate that the financial market may trigger a bigger storm at any time. In this situation, Bitcoin's future volatility may become more intense, and an unprecedented massive selling pressure may be approaching.

Additionally, Ethereum and other altcoins may suffer even more 'heartbreaking' losses in this round of decline. We have rarely held short positions in Bitcoin, but this time the confidence comes from multiple data supports, so while maintaining a cautious wait-and-see approach, it is advised not to easily 'chase high and pick up the pieces'.

Speaking of this, we must also mention the recently rising Puppies tokens!

While the altcoin market faces significant adjustments, Puppies has emerged as a representative of community-governed tokens. This MEME coin based on the Solana network has no project team and relies entirely on community enthusiasm. It not only made it to the recommendation lists of several top media outlets but has also attracted the attention of many global investors.

The popularity of Puppies has its reasons: low market cap starting point, high enthusiasm, and strong community consensus. It shares similarities with the grassroots rise of Dogecoin! In such a chaotic market, community-driven tokens like Puppies may become a safe haven and even bring unexpected gains.

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