$SOL recently reached a new high of $260, and suddenly a large number of voices optimistic about this coin emerged, claiming it will be very strong in the future, which makes me feel a bit uneasy.

I remember that I bought $SOL around $117, leveraged 3 times in coin position, and wrote a recommendation article. At that time, many people were saying it would go to zero, waiting for me to get liquidated and exit the market.

The reasons I provided were actually quite simple, and I suggested that those who do not understand might consider holding a full position and not touch it.

Firstly, there were news regarding the $SOL ETF spot proposal at that time. Although it was not reported further, it at least indicated that there were funds ready to speculate.

Secondly, $SOL built a solid bottom around $120, and this support has hardly been broken.

When the price was falling, everyone was bearish, and now that it has risen, suddenly a bunch of people started recommending it again. This reversal finally gave me the chance to “slap the face” of those who once doubted it, haha!
#比特币突破10万？ #SOL创历史新高

Regarding the resignation of SEC Chairman Gary Gensler, it seems that many people are not aware of the sensitivity and potential positive factors involved!

During his tenure, Gensler sued $XRP Ripple, and his departure is undoubtedly good news for Ripple, potentially bringing more development opportunities for the company.

Progress on the Solana ETF: With the gradual advancement of BTC and ETH ETFs, Solana's spot ETF is also on the way. Cboe has submitted applications for four Solana spot ETFs to the U.S. SEC, which is undoubtedly good news and further validates Solana's market position.

However, some people may not have realized these key messages due to being in an information bubble. In addition, are there any other positive dynamics related to individual cryptocurrencies?

#比特币突破10万？ #ETH市场新动向

Shiba Inu Coin (SHIB) has attracted huge whale investments! Reports reveal that one whale's holdings in Shiba Inu Coin have reached an astonishing $2.5 billion! 💰 Does this influx of funds indicate that the market is about to experience new volatility? The future trend has sparked widespread speculation:

1. Will the whale's holdings drive the price of Shiba Inu Coin up?
2. Or is this just the calm before the storm?

Regardless, every fluctuation in the SHIB market deeply attracts the attention of investors! What are your thoughts on this? 📈

#非BTC板块市场走势 #聚焦比特币

Recently, the $MEME token on SOL has experienced a pullback, and many people are asking why this is happening. In fact, you need to understand that no cryptocurrency will keep rising indefinitely; a pullback is just a matter of time and phase. Some tokens might directly surge to a market cap of 50 million or 100 million without experiencing a pullback, but ultimately, a pullback is unavoidable.

Reason Analysis:

1) From the perspective of individual tokens:

a. Market makers need capital to drive the price up. Where does this capital come from? Firstly, it comes from the market makers' own funds, and secondly, from the funds made by shorting the price after the first wave of price increase. Any operation needs to consider the rate of return, and market makers typically hope to maximize the market with minimal investment.
b. Unreliable market makers. Some unreliable market makers may only make one price increase and then withdraw; in this case, the pullback is not considered a "normal" pullback. How to avoid these "bad market makers"? The answer lies in the "meme self-eight questions," which means assessing the sustainability of a token through comprehensive analysis from various aspects, including narrative, market makers, mechanisms, etc.

2) From the market perspective:

a. Liquidity issues. When a liquidity black swan event occurs in the market, the pullback of mainstream tokens like Bitcoin and Solana will directly impact the $MEME token.
b. On-chain black swan events. Major issues or vulnerabilities on-chain can also negatively affect market sentiment, thereby influencing the price trend of $MEME.

In summary, pullbacks are a part of the market, and understanding these factors can help you make more rational judgments and decisions.

#非BTC板块市场走势 #聚焦比特币

Regarding $PNUT, I previously mentioned that its support level was in the 1.45 area, and I suggested entering gradually at this position. Although it had a few rebounds before, it ultimately broke below this key support level.
Now, the support level has been breached, and a situation where support has turned into resistance has occurred. Therefore, currently, entry is not recommended. It is advised to wait for it to form a reversal structure before considering whether to reposition. #BTC何时突破10万？ #上市公司比特币战略

Bitcoin reaches a new high, is $100,000 just around the corner? 🚀
Everyone, on November 20, Bitcoin successfully broke through its historical high, reigniting the market's enthusiasm! This wave of increase may open the door to the next strong upward trend, and the bulls are completely in control of the situation; we are just waiting for it to continue climbing! The current pattern still favors the bulls, with a target directly pointing at $100,000💎

Technical Analysis:
- Support Level: The current key support level is near the ascending trend line, and both the Fibonacci 1.618 retracement level (approximately $93,251) and the 20-day moving average (approximately $85,235) provide strong support.
- Resistance Level: The $100,000 mark will be the first challenge for the bulls; if broken, the target may quickly aim for $127,684!
- Momentum Indicator: The RSI has entered the overbought zone, indicating that buying pressure remains strong. Although the bears may attempt to counterattack at the $100,000 mark, from the current momentum, the bulls still dominate the situation.

Short-Term Risk Attention⚠️:
1. Break of the ascending trend line: If the price falls below and closes under the ascending trend line, it may lead to short-term profit-taking, causing some adjustments.
2. Loss of the 20-day moving average: Once the price falls below the 20-day moving average, it may trigger a round of short-term adjustments, leading to a weakening market.
Overall, although market sentiment is high, it is still necessary to pay attention to short-term adjustment risks, especially the changes in key support and resistance levels.

#MEME趋势风向 #BTC何时突破10万？

Bitcoin has now risen to $97,700, just $2,300 away from breaking $100,000.

So, when Bitcoin breaks $100,000, what price do you think Ethereum will be at? 😂

#孙宇晨购得喜剧演员 #MEME趋势风向

Currency Selection Criteria:
1. Low MV/RV: Choose currencies with lower MV/RV values, indicating that the currency has not yet experienced significant upward movement and may be in a potential range.

2. Chip Distribution: Select those currencies that do not have obvious chip peaks or have undergone sufficient washing. Currencies that have been washed typically leave behind a healthier chip structure.

3. K-Line Trends: Prioritize those currencies that have not yet started during an overall surge, which have greater upward potential.

4. Team and Funding Background: Pay attention to the team and funding support behind the project, especially those projects backed by well-known figures or strong funding sources, as such endorsements often bring more trust and resources.

5. Short Selling Pressure: Closely monitor whether the short selling has been sufficient, using professional tools (such as the Eagle Eye system) to track the capital flow of both long and short positions and understand the remaining long and short ratio in wallets.

6. Wallet Behavior Analysis: Observe the wallet behaviors of retail investors and institutions (whales); typically, retail investors are trapped at high positions and reduce positions at low levels, while institutions tend to accumulate at low levels and sell at high levels.

7. Financing Code Dynamics: Analyze the changes in financing codes, especially the reduction of long-term financing codes and the increase of short-term financing codes, which may indicate market turning points or potential volatility.

#BTC何时突破10万？ #MEME趋势风向
5 years of experience in the cryptocurrency world, feel free to consult on any questions, and those who want to grow together in the community can check my business profile.

🔥【November 21】Overnight Market Important Updates:
1️⃣ Market Update: Bitcoin (BTC) broke through $94,500, currently reported at $94,836, continuing to set a new historical high, with a 24-hour increase of 2.99%. As the market rises significantly, investors need to pay attention to risk control.

2️⃣ U.S. Stock Performance: On Wednesday Eastern Time, the three major stock indexes had mixed results. The Dow Jones rose 0.32%, closing at 43,408.47 points; the S&P 500 index remained flat, reporting 5,917.11 points; the Nasdaq fell 0.11%, reporting 18,966.14 points. Large tech stocks generally fell, with Apple rising 0.32%, Microsoft down 0.55%, Nvidia down 0.76%, Google A down 1.2%, Amazon down 0.85%, Meta up 0.79%, and Tesla down 1.15%. Most Chinese concept stocks rose, with the Nasdaq Golden Dragon China Index up 1.44%, Alibaba down 0.39%, JD down 0.03%, Pinduoduo down 1.01%, NIO up 0.43%, Xpeng Motors up 0.96%, Li Auto down 1.77%, Bilibili up 3.62%, Baidu up 0.85%, NetEase up 2.16%, Tencent Music up 2.6%, and iQIYI up 4.31%.

3️⃣ Hong Kong Stock Market: The Hang Seng Index opened down 58.97 points, a decrease of 0.3%, reporting 19,646.04 points; the Hang Seng Tech Index fell 20.04 points, a decrease of 0.45%, reporting 4,393.04 points; the State-owned Enterprises Index fell 30 points, a decrease of 0.42%, reporting 7,060.86 points; the Red Chip Index fell 14.65 points, a decrease of 0.4%, reporting 3,625.15 points. In individual stocks, Kuaishou's performance fell over 5% below expectations, Yiming Anke fell 6%, and Ocean Park Hong Kong rose nearly 10% upon reopening. Spot gold rose 0.67%, reporting $2,649.60/ounce, and WTI crude oil futures fell 0.75%, closing at $68.87 per barrel.

#BTC何时突破10万？ #MEME趋势风向

This round of meme market is coming to an end, and the market will soon return to mainstream currencies.

Next, the focus is:

In addition to the meme sector, other potential sectors with underestimated value.

#BTC何时突破10万？ #MEME趋势风向

Another decline... According to GMGN data, Meme tokens on the Solana chain are generally experiencing a decline:
- AI16Z current market cap is $206 million, 24-hour drop of 58.7%
- LESTER current market cap is $36 million, 24-hour drop of 38.8%
- RIF current market cap is $134 million, 24-hour drop of 27.08%
- FARTCOIN current market cap is $244 million, 24-hour drop of 17.6%
- BAN current market cap is $243 million, 24-hour drop of 16.3%

#MEME趋势风向 #COS开启SocialFi新时代

Today, Bitcoin (BTC) has once again set a new high, but Ethereum (ETH) has still not broken through 3220, showing relatively weak performance. Overall, the sentiment for altcoins to catch up has not fully started yet, and the current trend of second-tier coins (like ETH) remains weak. Altcoins are generally exhibiting a volatile consolidation with small fluctuations, and the market is relatively sluggish, making operations somewhat tedious. Therefore, it is advisable to remain cautious, control positions moderately, and it is not suitable to operate with full positions at this stage, suggesting that position control should be within 50% to respond flexibly to market fluctuations.

From Bitcoin's performance, although it has reached a new high today, it has not been able to break through the 96-98K range, with prices only oscillating around 94K. For Bitcoin, there isn't much to discuss regarding the current market; the key focus remains on the performance of second-tier coins and altcoins. The current market attention is on the trends of these coins, especially altcoins, where most investors are still holding positions waiting to break even. Recent position adjustments have generally gone smoothly; although some coins have not yet realized profits, there are also no significant losses, and the volatility is not large, remaining in a state of oscillation.

For Ethereum (ETH), the level of 3220 has still not been broken, with prices maintaining within a consolidation range. Previous analyses have also mentioned that after Bitcoin's new high, the breakout of second-tier coins remains not very optimistic, and market sentiment is cautious. For ETH, the current support level is in the range of 3000-3060, and if it falls below this level, special attention is needed. The pressure zone above 3220 needs to be broken to further rise towards 3400. If the altcoin market fails to follow through with a breakout, it is advisable to consider gradually reducing positions or going into cash, adjusting strategies, and patiently waiting for further direction from the market.

#比特币ETF期权上线 #市场围绕90K

With 5 years of experience in the cryptocurrency space, feel free to ask any questions. For those who want to improve together, check out my profile.

Regarding the technical analysis of BTC, there are currently two possible hypotheses: the first is that we are now in the stage of red line 4, and after completing red line 4, we will enter red line 5 and subsequently make a correction towards the red line; the second hypothesis is that red line 4 has already been completed, the market is now moving towards red line 5, and has already started a volatile upward trend, gradually making new highs.

The current trend is somewhat similar to the trends in November and December 2023, mainly reflected in the market's strong horizontal consolidation along the upper track of the triangle, as if repairing some technical indicators and maintaining a certain range for consolidation.

Regarding altcoins:

In the case of uncertain movements in BTC, the performance of altcoins has also caused anxiety. Buying altcoins raises concerns about BTC's correction, which could lead to a crash of altcoins; not buying altcoins makes one worry about missing out on the market. Currently, my secondary old altcoins have basically completed break-even and closing actions, and some have begun to gradually re-establish positions. It is now necessary to closely monitor the BTC dominance (BTCD) indicator. If it breaks below the green line and continues to intertwine, we may welcome the season of altcoins.

However, major coins like DOGE, XRP, and ADA have shown weak rebound strength, and Ethereum and BNB have also failed to keep up with BTC's rise, thus their performance is relatively weak. Small-cap coins lack effective support in the current market environment. If you did not participate in the market's rise a few days ago, rushing to chase the market now (FOMO) may bring greater risks, often leading to losses.

Currently, the new leading MEME coins still deserve the most attention and may be the main varieties in this round of market. In a situation of limited liquidity, market funds tend to concentrate excessively on these popular leading coins. Overall, the flow of market funds is similar to the trends in the US stock market, where investors mainly focus on those sectors and coins with the most potential, while other mid and small-cap coins may face significant pressure.

#比特币ETF期权上线 #市场围绕90K

🔥 Daily Market Analysis — SOL 11.20 🔥
1) Currently, the key focus for SOL is the OB area. If it does not break below, the outlook remains bullish, and it may reach new highs.
2) If it breaks below this area, attention should be paid to whether the structure is damaged, and watch for a bullish OB test in the lower 210 area.

#上市公司比特币战略 #比特币ETF期权上线

I have never understood why some people have such deep hostility towards $dog. Even if the rune stone is not airdropped to you, at least you have not lost money, right? When Dogecoin rises, you don’t hold it, but at least you don’t lose money, right? When Dogecoin falls, if you don’t hold it, what loss do you have? Even if Dogecoin goes sideways, you still don’t lose money. In this case, why should you feel resentment?

In this fast-growing market, although there are many high-risk investment products, you may not lose money, but gain a lot of market experience and knowledge from it. Where does that hatred come from? I really don’t understand.

#币安矿池FB联合挖矿 #市场围绕90K

Update on the ETH 4-hour chart:
The current price is still facing resistance in the red zone, resulting in a pullback. Therefore, the downward trend remains dominant in the short term.
The key to a trend reversal lies in the price breaking through the red resistance zone and stabilizing above it, turning it into a support level, or moving away from that resistance zone after the breakout to possibly gain upward momentum.

#币安矿池FB联合挖矿 #英伟达财报即将公布

No one can catch all the opportunities in the market. In a bull market, what you need to do is to keep buying and holding until you think the bull market is not over. To do this, you must study the market trend in depth, rather than relying on gossip or individual stock fluctuations.

More importantly, learn to let go of your positions and forget about them. Only in this way can you really be patient and wait for the big trend of the market to emerge until you see, or more accurately, you think you have seen the turning point of the market. To do this, you need to think carefully and broaden your horizons, otherwise my advice will be as empty and powerless as "buy low and sell high".

#币安矿池FB联合挖矿 #DeSci热度上涨

Dogecoin (DOGE) has recently fallen from a high of $0.43998 to $0.34060, a decline of 19.55%, which has sparked discussions in the market about whether its upward momentum is weakening. Despite the price pullback, many investors seem to maintain interest in Dogecoin. However, the recent price drop indicates a certain level of fatigue in Dogecoin's appeal and price momentum.

Nonetheless, Dogecoin's trend remains full of potential, especially concerning the technical indicators related to its popularity. Recently, Dogecoin's price has experienced a short-term rebound, forming a typical bull flag pattern, which usually signifies that the price will break out and rise further. This pattern aligns with the current market trend, suggesting that Dogecoin's price may strengthen again.

Currently, if Dogecoin's price can stabilize above $0.40, it will further confirm the continuation of the upward momentum. From the current price of $0.3691, Dogecoin has rebounded approximately 7.6% from a low of $0.343. This indicates that Dogecoin's popularity remains strong and may potentially trigger a new round of increases in the short term.

#DeSci热度上涨 #英伟达财报即将公布
5 years of experience in the cryptocurrency world, feel free to consult on any questions, and those who want to make progress together can check my profile.

$HBAR has recently attracted a lot of attention from investors, and many are shorting this coin. Two main pieces of news are circulating in the market: one is that a member of Hbar's board may become the new SEC chair, and the other is that Hbar has a partnership with XRP.

Both pieces of news are essentially true; if the relationship between XRP, Hbar, and the SEC is indeed a close collaboration, the joint efforts of these three parties could lead to significant upside potential, possibly even at least a doubling in value.

Therefore, the operational advice regarding this coin is: maintain a long position until the news is fully confirmed, similar to an investment strategy akin to buying a "lottery ticket." And before the news is clarified, try to avoid shorting activities.

#AVAX、ROSE、ADA大额解锁 #英伟达财报即将公布