The US CPI data released last night was in line with market expectations, which eased market concerns about the end of interest rate cuts in December. Previously, the price fell back and fell below 90,000, but it has now risen above 90,000 again.

The current trend of the big cake is still relatively healthy, with the support level below at 86,000 and the pin support level at 82,000-83,000.

You are trapped in an upward trend, and you are trapped in a downward trend!
You can't find anyone on the road to picking up oil, but you are everywhere on the road to losing oil!
Many people come to this market, and the reason for stable losses is nothing more than these problems.
1. I don't know how to correctly identify the current direction and trend of the market! You must know that if the direction is wrong, your efforts will be in vain! If the trend is wrong, you will only be trapped!
2. The right time to enter the market! Not only the direction must be chosen correctly, but the timing of entry is also essential!
Only the right direction plus the right time is the kingly way!
3. Reasonable cycle and strict position management!
4. Repeat the above steps and persevere!
The market has rules, but human nature is very complicated! If you look at the market with subjectivity and obsession, then the outcome is doomed!
You must know how to grasp the present according to the objective laws of the market

Two misunderstandings about Bitcoin and altcoins:
First, some people think that Bitcoin is still sucking blood from altcoins;
Second, some people think that altcoins will pull the market together.
I think both views are wrong.
First, BTC is rising here, but altcoins are not rising. The market sentiment is not high. Even if altcoins do not rise in the blood-sucking market, everyone is fomo. According to the two waves of market conditions in 2023, Bitcoin is in resonance with altcoins. Here I think altcoins are waiting for Bitcoin to break through, and a clearer signal is needed. Breaking through the two points of 6w8 and the new high, the certainty after the breakthrough here is stronger, and altcoins will quickly follow up.
Second, the market situation in which altcoins on the entire screen are pulling the market at the same time may not reappear. Instead, it should be the rotation of sectors, which will last longer overall and have a higher success rate. Just hold your coins, and sooner or later it will be its turn to rise. This market is friendly to old leeks, but it is very unfriendly to novices, and chasing ups and downs may still lose money.

Can we still go long when the price of BTC is above 90,000?

From a short-term perspective, it is still possible, but be careful not to chase the rise.

The correct operation method is to wait for the price to fall back after each rebound before entering the market to go long, and then stop profit at the next rebound.

You should know that the higher the price, the greater the risk, and the cost of opening a long position above 90,000 is quite high.

At present, the highest point of BTC has only reached around 93,300, and in the 4-hour level adjustment, there is a floating space of about 5,000 points.

Therefore, if the average opening price is above 90,000, it is a high-risk position, and the relatively safe average opening price is temporarily maintained between 88,000 and 85,000.

Only when the BTC price rises to above 96,000 again and there is no sign of turning at the daily level, the opening cost of 90,000 is relatively safe.

It doesn’t mean that you can’t trade at all if the price is too high. There are basically no retail investors who will buy BTC spot of more than 90,000. Only Heyue can trade at this price.

The focus of Heyue trading is not on the high or low price, but on the short-term price fluctuation.

The current BTC price is close to the stage target of 100,000. Every transaction needs to be well defended, and you must always be alert to the situation where the price retreats after the upward spike.

Where can you find these local dogs?

Ethereum, Base, Solana, BSC, Sui and other chains are gathering places for local dogs. You have to visit them often to screen and dig.

In the local dog circle, you have to understand some professional terms:

For example, Fomo, when you see others making money, you can't help but rush in

There are also Pixiu, which are tokens that can only be bought but not sold. If you buy them, they will return to zero. Usually, the project party is playing tricks;

Clips are preemptive robots. They complete transactions before you by setting higher gas fees and earn your difference.

11.14 Evening Thoughts

In the morning, there was a wave of short orders, and Bitcoin fell by 900 points and Ethereum fell by 30 points. In the afternoon, Bitcoin prices fell to around 89,100 and then began to rise, reaching a high of around 91,400. The current price is around 90,500.
From the one-hour level chart, the K-line is in the middle track of the Bollinger Band, the MA5 and MA10 moving averages are parallel, and the bullish momentum column is shrinking.

Evening Operation Suggestions
Bitcoin
When Bitcoin prices rebound to around 90,900-91,300, short, the target price is around 89,800-89,100.

Ether
When Ethereum prices rebound to around 3,220-3,250, short, the target price is around 3,170-3,130.

It took only 5 days for the price of ETH to rise from 2350 to 3200. Such a strong rise is really eye-catching.

Here, we would like to remind you to pay attention to the price range of 3350 to 3400. Once ETH completes a short consolidation in this range, according to its current situation, it is estimated that it will continue to rise.

Why do you say that? You know, our ETH is far from being overvalued at present, and its subsequent rising potential is still very considerable.
However, don't be too anxious. The real highlight of ETH, the exciting climax stage, is actually at the beginning of next year's Prague upgrade!

By then, it is not an exaggeration to use the word "surge" to describe its market trend. It is no exaggeration to say that it is very likely that the price of ETH will rise to 8000+.

Friends who want to make profits from ETH must hold on firmly. After all, the outstanding performance shown by ETH in the previous rounds of bull markets is real and not just boasted about.

Good evening! BTC

Observing the bitcoin price during the day, the 4h line shows an upward trend📈, and the support level below is 85000-86000. You can enter in batches. Those who want to enter can enter with a small position first, and exit when the position breaks. You must learn to stop loss in time! The target is 88000!

The core of stable short-term and pleasant trading lies in taking profits and covering positions in batches.

Sometimes you look at the market very strong, and it seems that it is still very strong near the pressure point, and it seems that it will continue to attack the next high point, and it seems that it cannot step back to the ideal point for covering positions, but it may step back after a while. Generally, after pulling up, it will be horizontal first, with slight fluctuations up and down, and then choose a small level of 15 or 30 minutes to step back. This is the roundabout strategy of the banker.

If it is pulled up quickly and then smashed quickly, it is a pig-killing plate. What you have to do is to set the point in advance. If it really can't reach it, it's still in time to cover positions at the actual price. In every 24 hours, there is an upper limit threshold for the rise, and it will not rise endlessly. This determines that it must have a certain amount of retracement space within a single day, which can be large or small, depending on the market stage.

In tactics, one is called "don't chase the poor enemy", and there must be a profit-taking action near the resistance point; the other is to lure the enemy hard to catch, if you want to chase a higher point, you must wait for a proper retracement before attacking again

In this round of bull market, Musk has been mentioning $DOGE, which has been rising and outperforming the market! This not only activated the entire market sentiment, but also made people full of expectations for other memecoins.

For Floki, this is undoubtedly a great positive signal - history has proved that the trend of DOGE often drives other similar assets to rise.

Pay attention to Floki's market and look forward to breaking new highs ​​​​

💥 Why do most people still lose money in a bull market? These 3 reasons cannot be ignored! 💥

Even in the bull market, many investors are still in a state of loss. There are three key reasons behind this that are worth pondering! 👀

1️⃣ Wrong currency selection
In a bull market, although altcoins also have opportunities, only a few can really rise sharply. Many people lack an in-depth understanding of the industry and choose the wrong currency. Even if they sometimes "pick up" some coins with large increases, they can usually only invest in small positions, and most of the funds are still trapped in losing projects. 🚫

2️⃣ Wrong timing of buying
Even if you choose the right currency, if you buy at the wrong time, it will be half dead! Many people are optimistic about the good growth of a currency, but ignore the technical analysis. As a result, they chase the rise at a high level and miss the best entry time. The market is very volatile, and it is better to buy accurately than to buy early. ⚠️

3️⃣ Know how to buy but not sell
Some investors are lucky and buy coins that have risen well, but they miss out on profits because they don’t know how to sell. Some may run away after making a little profit, while others hold on to the coins to the top for fear of missing out on bigger opportunities, and as a result, most of the profits are not realized. Seizing opportunities is the key to success, and selling at the right time is the embodiment of a master! 💡

🔑 Summary: The bull market is not a sure win, choosing the right currency, finding the right time, and learning how to sell are the keys to achieving profits! The bull market is just an opportunity, and the real winners are those who can seize the opportunity and operate accurately. 🏆

The recent market performance is like a runaway horse, so fast that many investors may be caught off guard and fail to seize the initial stage of the market in time.

However, there is no need to worry too much. The bull market is not just a one-sided rise, and the market will naturally have a pullback. When the pullback comes, do not hesitate, seize the opportunity decisively and enter the market bravely.

In the wave of the bull market, the most critical strategy is to select the currency and hold it until the expected goal is reached.

Since November 5, Bitcoin has started to rise sharply.

It has been rising continuously in the past week, breaking through the previous high and several important barriers, and yesterday it hit a new high of 80,000 US dollars.

Today, its price is stable at 88,000, with no signs of correction, and it is expected to continue to rise. The next goal is to break through 90,000 US dollars.

Many friends asked if they can enter the market now. In this regard, I would like to say that I have shared the principles of investing in Bitcoin many times before, such as buying without thinking below the 200-day moving average, and preferring to be trapped rather than short positions. In the past few years, I have shouted all the way to 80,000 and called on everyone to pay attention, but many people just wait and see without taking action. Many people dare not enter the market when it falls. For example, when Bitcoin fell to 15,000, they wanted to get on the train when it rose to 80,000. This reflects the greed and fear of human nature.

If you really want to get on the train now and have faith in Bitcoin, I suggest you do a self-assessment first.

Do you like this bull market? Since the election, the market has risen from 67,000 to around 90,000 now, which has exceeded my expectations. I got on the bus at 67,000, got off the bus halfway and got back on. I cleared all my positions last night, and the rest is for my brothers to eat. I only do things within my own cognition. Although the bull market is coming, the biggest losses are also in the bull market.

At present, there is no attenuation of the four-hour bull market. Just follow the bull market sentiment. There are many trends at this stage. Don't go against the trend and add fuel to the bull market for no reason. Last night's market broke 83,000, 84,000, 85,000, 86,000, 87,000, and 88,000 in succession. This morning, it broke 89,000 directly and reached 90,000. Keep going long in your mindset and avoid going short against the trend.

The reasons why most people lose money are nothing more than the following:
1. Want to turn things around with a coin and place a heavy bet
2. Do not do research and just wait for others to feed you. After feeding you, it is too late and you lose money in the end
3. Believe too much in a coin and do not double the investment, and drill it to zero
4. After selling, it is bullish and then chases it back, and loses money in the end
5. There is no clear buying and selling plan or it is not strictly implemented

90% of people who play local dogs make the above mistakes and lose money. How many of them have you encountered

We must admit:
1. I can't catch most opportunities
2. I can make a lot of money by catching a few big opportunities
3. If I catch all opportunities, I will definitely lose money
4. I have limited energy and cannot catch all opportunities
5. If I don't study this opportunity, I have no reason to make money from this opportunity

How to describe today's market and subsequent evolution?
1. Today, doge undoubtedly led the rise of a group of old and middle-class ecosystems, such as shib, bonk, and pepe.
2. The secondary and new ecosystems are full of heat, the increase is not inferior, and the trading volume also exceeds the middle ecosystem.
3. It cannot be recognized that the ai agent ecosystem is established. Considering that ban and luce also have good performances, not inferior to ai meme, it is characterized as the climax season of the leading meme in each sub-track of sol.
4. The market has only one track, which is the meme track.
AI started today, perhaps from Nvidia's financial report.
5. Track/application theory, completely defeated in this round. Only those who can play meme in this round are the big winners.

Subsequent development
1. When the trend is developing, what can be done is to embrace the trend, rather than guess the market value. The total market value of meme is 123 billion, which is the market value of 2 doge. It seems not expensive.
2. If you don't hold enough meme, don't worry, there are other things later.
3. If you really don't make money, embrace life.