Track the real-time hot spots in the currency circle and seize the best trading opportunities. Today is Friday, November 29, 2024. I am Wang Yibo! Good morning, fellow coin friends. ☀Iron fans check in👍Like and make a fortune🍗🍗🌹🌹

💎

💎

At present, the altcoins have been in a sideways wash state. They have not yet reached the so-called altcoin season, and have been following the trend of the market. However, there are still individual targets running out every day, indicating that they are basically in a state of readiness. The altcoin market is rotating with the fluctuation tide of the big cake. The first wave: leading the big cake or synchronizing with the big cake. Representing SOL memecoin, etc., it is strong in itself and is the mainstream narrative of this round of bull market. It has always been favored by funds; the second wave: large-cap altcoins that follow the starting point of the big cake have a larger increase relative to the big cake. Representatives of DOGE $XRP $ADA, etc., driven by emotions and events, are the vanguards that beat the market value of BTCD, and some medium-sized altcoins follow; the third wave: ETH, the perennial runner-up, and its younger brothers behind it. The altcoin leader ETH began to rotate, driving the ETH ecosystem, and L2 currencies began to charge; the strong currencies in the front began to consolidate; it means that after the emotional trading calmed down a little, the market began to rotate, and it is currently in progress...

💎

💎

Affected by the Thanksgiving holiday in the United States, the Bitcoin market has always been in a shrinking state, with high pressure at the 97,500 mark and low support at the 94,500 line. It has been in a state of oscillation and shrinking during the day, and there has been no significant breakthrough in the short-term impact. There are opportunities for both high and low operations in short-term operations. As for the current technical structure, the end of the week is approaching. Although there is a retracement in the trend, it has not been able to test the high again. The 100,000 mark is hopeless this month, but 90,000 will not be broken. The trend shows a rhythm of large-scale back and forth. At present, the high has been recovered, and it is impossible to fall back to the bottom, and the daily moving average supports the rise. In terms of trend, chasing shorts is not a wise choice, and the general direction is still bullish.

💎

💎