Cryptocurrency Market Analysis and Trading Suggestions

1. Market Condition: The current cryptocurrency market condition is poor, resembling a 'never-ending decline'. Buying in spot markets can easily lead to losses; what seems like a major upward trend before purchase often results in consolidation, being trapped, and significant pullbacks afterward.

2. Bitcoin (BTC): Do not attempt to catch the bottom during weak rebounds. Avoid entering the market without clear volume increases. 66527 and 65256 are strong support levels below where one can position themselves.

3. Overall Market: The spot market dynamics have changed. Aside from Bitcoin, altcoins and long-term contracts carry significant risks. The cryptocurrency market is in bad shape with many primary market projects and poor quality in the secondary market.

4. Ethereum (ETH): There are no signals indicating a stop in the decline. 2380 and 2351 are support levels where orders can be placed, suitable for short-term bottom-fishing.

5. Altcoin Situation: When Bitcoin rises, altcoins do not; when Bitcoin drops slightly, altcoins plummet. Altcoins are often manipulated, making it difficult to recover losses.

6. Solana (SOL): The decline is smooth; try placing orders at the two points of 158.28 and 153.42.

7. Dogecoin (DOGE): It is in a downtrend, but a potential surge is expected if Trump is elected. Pay attention to strong support levels at 0.137 and 0.128, and consider going long; if the position is controlled at 5.5 and still incurs losses from orders, then the market condition is truly terrible. #美国大选后涨或跌？ #美联储利率决议来袭 #BTC市占率新高