November 26
Handsome Guy Research Report (Originally Handsome Guy Investment Research Society was banned)
Yesterday, BTC underwent a corrective adjustment without obvious negative news. The pullback was significant, briefly dipping below 93000, exceeding expectations. The greed index has decreased somewhat; the adjustment is normal as there has been a considerable rise recently, and BTC 100,000 is a strong resistance level, making a one-time breakthrough difficult. After the pullback, it will build momentum for the second round of attack. Currently, there is still an expectation of adjustment at the 4-hour level, with expectations of consolidation within the day. Pay attention to the support situation at 93000. The daily level also needs to consolidate. The upward momentum is starting to weaken, and a pullback is expected in December. The long-term expectation remains unchanged; the bull market is still ongoing, but preparations for a pullback should be made. There are several favorable factors ahead, including interest rate cuts and FTX liquidity injections, so maintain optimism, and the mid-term of the bull market is starting.
ETH followed BTC for a synchronized corrective adjustment, with a minor decrease. Yesterday, it briefly broke through the strong resistance level of 3500. Currently, the 4-hour chart shows a divergence pattern, but the K-line trend is relatively healthy, and there is continued upward momentum after breaking the 3500 strong resistance level. Pay attention to changes in volume within the day, as there may be opportunities for further gains. Focus on BTC's support situation; if there is no significant decline, the chances of a large pullback for ETH within the day are low.
The altcoin sector is undergoing light consolidation following the mainstream, with most coins not synchronously declining with BTC. Liquidity is gradually shifting towards the altcoin sector. Continue to hold SATS, and clear out when it rises to around 50. For medium-term holding, it could be seen at around 80. PEOPLE has not shown growth for a long time; it can be exchanged for something else. Those who still have confidence can continue to hold. After reducing CKB holdings, continue to hold and wait for the ecosystem to explode. Those still holding FTM can reduce their holdings; FB is on the sidelines. Recently, all the rising coins have been high market cap coins, so be patient and wait for sector rotation.
New altcoins to watch include ACT, which has excellent community construction, a new track, a new sector, and the AIMEME series. Currently, GOAT has not yet entered the large market, with a market cap of 1 billion. ACT is expected to become a new leader, potentially reaching over 1B in market cap. Keep up with the construction and hold well.
Fundamental news: None at this time.
Daily mainstream coin support and resistance:
Today's market, BTC support at 92000-93000 below, resistance at 95000-96000 above, ETH support at 3300-3350 below, resistance at 3500-3600 above.
Today's greed and fear index: 79 (Greed) CMC shows 83. The greed index has slightly adjusted; be cautious of risks, mainstream needs appropriate reduction in holdings, and altcoins must have stop-loss measures on short positions.
Focus on Crypto Handsome Guy, the latest research report is out.