November 28

Handsome Guy Research Report (Formerly Handsome Guy Investment Research Society was banned)

Yesterday, BTC's consolidation ended and it rose again, briefly reaching around 97000, with the increase slightly exceeding expectations. Pay attention to the 95000 support level during the day, expecting a slight consolidation before continuing to rise. The daily level still needs consolidation, and the upward momentum is beginning to weaken. It is expected that there will be a correction in December, but the long-term outlook remains unchanged. The bull market is still on, but be prepared for pullbacks. There are several favorable factors coming up, including interest rate cuts and FTX liquidity releases. Stay optimistic; the mid-term of the bull market has started.

ETH followed BTC's rise synchronously, with a good increase, now breaking through 3600, in line with the expectation of a rebound. Currently, a 4-hour golden cross has formed, and the K-line trend is relatively healthy. Pay attention to the 3500-3550 support level during the day, expecting a slight pullback before continuing the rebound, with a possibility of challenging the 3800 resistance level.

The altcoin sector has risen in line with mainstream coins, with most cryptocurrencies increasing. ETH is rebounding, and ETH's altcoins have performed well. Liquidity is gradually shifting to the altcoin sector. SATS should continue to hold, and clear out around 50. For medium-term holding, it can reach around 80. PEOPLE has not seen growth for a while and can be exchanged out. Those still confident can continue to hold. CKB should continue to hold after reducing holdings and wait for ecological outbreaks. Those still holding FTM can reduce holdings, FB should observe, and recently, all the rising ones are high market cap coins. Be patient and wait for sector rotation.

New altcoins to watch: ACT, the community building is very good, new track, new sector, 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, with a market cap expected to exceed 1B. Keep up with the building and holding.

Fundamental news: None

Primary market information:

RGB++ continues to be monitored, recent popularity is not very good.

The runes market has somewhat recovered; friends who bought DOG before are advised to hold long-term.

The on-chain MEME sector remains hot and needs continuous attention.

Day's mainstream coin support and resistance:

For today's market, BTC support is 94500-95000 below, and resistance is 97000-98000 above; ETH support is 3450-3500 below, and resistance is 3700-3800 above.

Today's greed and fear index: 77 (Greed) CMC shows 85. The greed index remains high; be cautious of risks. Mainstream coins need appropriate reductions, and altcoins must set stop losses for short-term trades.

Focus on crypto handsome guys; the latest research report is available early.