Crypto Market News
November 27 Hot Topics;
1. CryptoQuant: Bitcoin long-term holders sold 728,000 BTC in the past 30 days.
2. Federal Reserve meeting minutes: future inclination towards 'gradual' rate cuts, with a possibility of a pause.
3. Market News: U.S. court rules that sanctions against Tornado Cash smart contracts are illegal.
4. The New York Stock Exchange applies to the U.S. SEC for listing Bitwise Bitcoin and Ethereum spot ETP.
5. Ripple donates another $25 million to the pro-crypto super PAC Fairshake.
Trading Insights
Top speculators have 10 correct understandings: 1. Making money relies on market strength. 2. Follow the market when it is strong. 3. Position management is key; diversifying is very important. 4. Maintain no opinion in front of the market; no opinion is the best opinion. 5. Predicting right or wrong is not important; what matters is minimizing losses when predictions are wrong. 6. No one can accurately predict market changes; maintain a delayed response, lagging behind the market. 7. Correctly understand technology; know when to use it and when to step back and meditate. Sometimes doing nothing is the best action. 8. Position management is a skill; knowing how to stay in cash is crucial. 9. Trading is philosophy and art, not science. When you focus solely on risk, profits will come uninvited.
LIFE IS LIKE
A JOURNEY ▲
Below are the real trading group orders from the Big White community this week. Congratulations to the coin friends who followed along. If your operations are not smooth, you can come and try the waters.
The data is real, and each order has a screenshot issued at that time.
Search for the public account: Big White Discusses Coins
BTC
Analysis
The Bitcoin daily line made a pullback yesterday, dropping from a high of 95,000 to a low of around 90,850, closing near 92,000. The resistance above is around MA14; if it breaks, it can look towards the MA7 moving average. A rebound to this level can be used to sell short. The bottom can look towards MA30. The MACD shows an increase in bearish momentum, forming a death cross. The pressure above on the four-hour chart is near MA90; if it breaks, it can look towards MA14. A rebound to this level can be used to sell short. The support below can look towards MA120. The MACD shows a decrease in bearish momentum, indicating a potential golden cross.
ETH
Analysis
The Ethereum daily line made a pullback yesterday, dropping from a high of around 3460 to a low of around 3250, closing near 3325. The support below is near MA14. A pullback can be used to buy near this level. The MACD shows a decrease in bullish momentum, indicating a potential death cross. The support below on the four-hour chart is near the MA7 moving average; if it breaks, it can look towards MA30. A pullback can be used to buy near this level. The resistance above is near 3345. The MACD shows a decrease in bearish momentum, indicating a potential golden cross.
Disclaimer: The above content is purely personal opinion and for reference only! It does not constitute specific operation advice and does not bear legal responsibility. Market conditions change rapidly, and the article has a certain lag; if there are any areas you do not understand, feel free to consult.
