$BTC $ETH 【11.19 Strategy Insights】
The updates have been sparse these past few days,
Reason: Market sentiment is not fluctuating much, Bitcoin and Ethereum are consolidating at high levels, showing a strong control posture.
Even the trends align closely with technical indicators.
On the other hand, the primary market is very active.
So these past few days, I've spent some time focusing on the primary market to see if there are any opportunities
or if any impressive coins emerge.
Coins like Moodeng ETH, backed by Vitalik, and the currently popular ai16z
are performing strongly. In the dull secondary market,
it's clear that many people are turning to the primary market for opportunities.
This means that a portion of the flow and attention is shifting on-chain. The narratives from altcoin leaders are still around memes.
But instead of purely animal-themed memes,
it's shifting towards AI-related memes, RWA-related memes, and so on.
So today’s outlook for Bitcoin:
If it doesn’t go up anymore, it might actually need to drop first.
《The current position of Bitcoin is still around 918, and it feels weak upward, and currently, there’s nothing to drive it. Therefore, my view remains bearish, with resistance still at the previous high of 935, first target 903, second target 887》
As for Ethereum in these past few days, compared to Bitcoin,
it has been more volatile, and I don’t recommend going long in the short term.
Wait until it climbs to around 3220, then short Bitcoin when it drops.
Of course, I might not get filled, but for those who can read the market, just jump in when the downtrend appears!
Compared to Bitcoin, I would choose Ethereum.
