The study time in Japan is really tight, everyone is working hard and striving, each one is a master
I will also quickly analyze the market situation,
Key Summary:
1: Bitcoin is at a high rounded top, pay attention to the resistance level around 95000 in the short term. If it cannot recover, a head and shoulders top will form, and the trend has not yet reversed.
2: The US Bitcoin ETF has maintained outflows for two consecutive days. Currently, there are major players offloading, and there will not be a sustained market trend recently.
3: A correction in December is inevitable, on one hand, to digest the profits in the range of 66835-99588, making it easier to push the market, on the other hand, due to the year-end holidays, institutions are distributing bonuses, and retail investors need funds for the New Year, which will lead to outflows in the crypto market, causing a market correction.
4: Currently, ETH is holding up well during the downturn, it is relatively stable when Bitcoin corrects. After Bitcoin stabilizes and rebounds, ETH is expected to lead the market as there will soon be speculation about the upgrade in the first quarter of next year.
5: For ETH and SOL, we are currently waiting for a correction in December to gradually position for 3x long positions, with a certainty of returns strategy, and after the correction, new highs will be established. Altcoins are expected to take off in March.
6: In the altcoin sector, Ethereum series is strengthening alongside Bitcoin, with a focus on high-quality top projects like EIGEn, ENS, TIa, public chains FTM, SEi.
7: A giant whale has once again built a position of 345,000 UNI, valued at 3.75 million USD, and the technical pattern is currently looking good.
