【Must See】Bitcoin will follow this script!

Veteran investors tell you that the current trend is exactly the same as in 2020, both starting to rise in October and doubling by November 25th. Last time it went from 10,000 to 20,000, this time it's from 50,000 to 100,000.

And then comes the traditional Western shopping frenzy, Black Friday, which fits the pattern of a drop during holiday seasons. Many retail investors will withdraw money to spend, pulling a lot of funds out of the crypto market.

Of course, the amount of money taken out is actually not much, but many people will anticipate this pullback, so even if they don't go shopping, they will sell at high points, and the combination of both actions will amplify the pullback effect.

Last year's Black Friday saw a 16% pullback in a week; this time it may pull back a little less. I see 87,500 as a very good support level, and if it gets there, you can enter directly. Additionally, above 90,000 is also a good round number support.

Referring back to the last cycle, after Black Friday it slowly rose again, but the increase was not large. It consolidated for 2 weeks before continuing to explode, so this time it might be similar.

And ETH's strength is evident to everyone. Big funds have entered, Bitcoin has plummeted, and it is consolidating. Once Bitcoin warms up, ETH will start to gain momentum. Any pullbacks can be bought, last night I advised everyone to long from above 3,350 to 3,460, and it reached that level this morning, operating aggressively every day.

Long-term low-leverage contracts for ETH, SOL, and various altcoins can still be accumulated at low points. Once the crypto market consolidates until early December, it will rise again, bringing another big wave!

Finally, don't forget to follow, veteran investor Shu Qin shares my experiences with you every day~