Many people feel that BTC has risen too quickly in recent days, soaring to 80,000, as many expected the 80,000 mark to take a couple of months, but it arrived in just a week.

In the first half of the year, I repeatedly emphasized the characteristics of this bull market: 1 is that it rises without looking back, focusing on being light and easy to pull, making you hesitant to get on board; 2 is that it moves sideways in a cruel manner, neither going up nor down, focusing on torment, making it difficult for you to go long or short.

Currently, from the perspective of the slope of the moving averages, it is indeed very high, and there is a demand for consolidation or pullback for repair. However, having demand does not mean that it must be met. Right now, the big pie has completed a bullish trend resonance from small levels to large levels, and to disrupt this resonance, it has to be destroyed step by step from small levels to large levels, and it is clear that the current bears do not possess such power.

Bull Market Phase 1: BTC drives up itself

Bull Market Phase 2: Public Chains drive up

Bull Market Phase 3: Altcoins drive up

We should currently be in the second phase, with XRP, ADA, XLM, and DOT all skyrocketing. It's a good idea to buy some public chains that haven't surged much; they will definitely rise. For example, SEI, APT, TIA, FTM, FLOW, MATIC, etc.

November 23 Bitcoin Ethereum Market Analysis: BTC, ETH Today's Highlights
Market Review
Yesterday BTC continued to rise, breaking through 99,500 to reach a new historical high, as expected. It is now very close to the 100,000 mark, with a top divergence appearing on the 4-hour chart. Pay attention to changes in market sentiment; the recent increase has been significant and has reached a key resistance level. Those holding can consider reducing their position by 20-30%, taking partial profits to escape the peak. ETH has not followed BTC's rise synchronously and remains in consolidation, having broken through 3,300. The volume on the 4-hour trend has weakened, so pay attention to volume conditions. If it can increase, there is a potential for further gains within the day. Watch out for resistance around 3,400-3,450. Altcoins are following ETH's upward trend, with most coins rising. SATS can be held patiently, and clearing positions around 50 may be considered. PEOPLE remains relatively sluggish, with many exiting; it may be worth continuing to hold. FTM should be kept, and the new altcoin ACT is recommended for consideration as it may have good potential in the future.
Today's Highlights:
BTC: 1-hour and 4-hour levels are above healthy levels, daily level is also above healthy levels. The expectation for the day is consolidation. The lower support is 97,000-98,000, and the upper resistance is 99,000-100,000.
ETH: 1-hour and 4-hour levels are above healthy levels, daily level is also above healthy levels. The expectation for the day is consolidation. The lower support is 3,200-3,250, and the upper resistance is 3,400-3,450.

1. The pullback of a bull market is an opportunity;

2. If you are very optimistic about a specific sector or coin, if you miss the opportunity, do not FOMO buy when it is surging, and do not hesitate to buy when it is pulling back;

3. If you can achieve the above two points, you will have moved away from the level of a novice investor; is it difficult? Not difficult! Is it difficult? The difficult part is human nature;

4. For old coins, 1 is to look at the K-line and structure, as there is a reference, but do not be confused by the reference; 2 is to see if there are new sprouts; for new coins, it is essential to understand your perception of the market and the overall imagination of the sector.

The current market is overall still very healthy.
btc and sol maintain their strength and continue to surge.
alts and meme sectors have also started to rotate, no longer just a few sectors shining alone.
A typical early bull market trend, continue to hold and keep watching.

Most people do not understand the principle of 'profit and loss come from the same source.'
Those who can escape the peak will definitely sell early, and those who can hold on will eventually be cut down to deliver food.
There is absolutely no such person:
With a strong risk awareness, able to escape the peak every time, immediately cut losses when the wind direction is not right (🃏 always nice fold);
Having a big perspective, able to hold onto those legendary coins in history, holding them until they reach hundreds of times before selling (🃏 never being bluff);
Everyone wants to control everything they come into contact with, but in the end, they often find that they cannot control anything.

The latest ETH script is the only one on the entire network, no need to explain the logic, let's get straight to the results:
1. Next week (25th), ETH will enter rocket mode, soaring from 3600-3800-4000 until you can't find your bearings, with the final peak price reaching 5500-6000.
2. Meme coins with community backing and potential altcoins will experience geometric explosions, with daily surges of 30-50-80%. Regular coins will achieve 2-3 times growth within 10 days, while those with strong backing may see 5-10 times growth.
3. Do not be complacent, do not take out loans, hold your spot and wait for takeoff.

Trump wants to release SBF?

I think there's a high possibility of that

First, he is indeed a talent

Second, he still has cards to play

Third, FTX has basically completed its payouts

Fourth, he could help the understanding king solve many issues after his release

Fifth, he and the understanding king are similar types of people, and both have been sued

By the way, there’s a circle of capital backing him

The fact that FTT has not dropped for so long indicates something, cherish the current FTT and the FTX sector.

Brothers who have altcoins, pay attention!

There are three possible trends for BTC in the future, each of which may have a huge impact on your altcoins!

In the first case, if BTC breaks through the 100,000 mark and then falls by about 5,000 points.

Then the altcoin may rise by about 5% with BTC. But once BTC pulls back, your altcoin may fall by 15%!

In the second case, if BTC fluctuates in the range of 97,500 to 99,500, then your altcoins will be in trouble.

During the period of BTC fluctuations, your altcoins are likely to rise by 15% to 35% (of course, not all altcoins will be like this).

In the third case, if BTC directly pulls back 5,000 points from the current 99,000 position, then your altcoins will be miserable.

When BTC rises, your altcoin may not move, but once BTC pulls back, your altcoin will plummet by about 15% like a waterfall, and some altcoins may even fall even worse, all to accumulate strength for BTC and allow it to continue to hit the 100,000 mark!

Therefore, everyone should pay attention to the trend of BTC, and its every move may affect the altcoins in your hands!

Recently, I plan to ambush a potential coin that is ready to explode. It is still very easy to double it. At the same time, I am also preparing to find some potential coins to hold by the end of the year. It is no problem to expect more than 10 times the space.

BTC is nearing 100,000 USD, don't get too excited, the whales here will definitely sell, ETH hasn't risen much and has already reached a resistance level around 3500. It's highly likely that BTC will consolidate over the weekend. Altcoins may have opportunities to perform. ETH can only continue to rise if it closes above 3500 on the daily chart. All short-term trades should avoid being overly attached, and all trend positions should manage drawdown levels properly.

Think carefully about the next few important market trends:

1. I previously judged that there might be a big correction before 10wu, but now it seems that this possibility is almost non-existent. In fact, between 87k-10wu, many friends around me are shorting huge amounts, and the basic logic is that they are betting that this wave cannot go straight up, but this time the main force has obviously created a short squeeze, slowly grinding all the shorts to death. Therefore, it is certain that 10wu will be broken in a short time.

2. After 10wu, there will soon be a deep correction at the weekly level, which may be at 11wu? 12wu? I don’t know this position, but this correction is a very good opportunity to get on board.

3. Which coin will be the next new high?
The secondary market is very fragmented now. 99% of the altcoins on Binance are very rubbish. There is no narrative and no consensus. The old story has been told for several years but has not been finished. The secondary market has reached the time of "value investment". Only those coins with really good fundamentals, whether meme or application coins, have the opportunity to continue to follow this bull market. Sol is a good example.

From this aspect, BNB will be the next public chain to reach a new high soon.

In addition, Doge, Dogecoin, under the blessing of this round of Musk market, can clearly feel the huge amount of funds pouring in. I currently firmly believe that Dogecoin is the next coin that can reach a new high, and it is very likely to reach 1u

4. To be continued

November 22 Bitcoin Ethereum Market Analysis: BTC, ETH Highlights Today
Market Review
Yesterday BTC continued to rise, breaking through 98,500 to reach a new historical high, in line with recent expectations. There is a possibility of hitting the 100,000 mark within the day, pay attention to changes in market sentiment. Recently, the increase has been significant and has reached key resistance levels. Holders can consider reducing their positions by 20-30%, taking profits in batches to avoid peak risks. ETH has followed BTC's rise and started to catch up, having broken through 3,300, aligning with the expectation of a rebound. The 4-hour trend remains healthy, with continued upward momentum likely throughout the day. Watch for resistance around 3,400-3,450. Altcoins are rising in sync with ETH, with most coins experiencing increases. SATS holders can continue to be patient, considering liquidation around 50. PEOPLE remains relatively low, with many exiting, but it may be worth continuing to hold. FTM should be kept, and the new altcoin recommendation ACT could be considered for following up, as it is expected to have good potential moving forward.
Highlights Today:
BTC: 1-hour and 4-hour levels are above healthy levels, daily levels are above healthy levels, with a possibility of challenging the 100,000 mark today. The long-term outlook has not weakened. Support is at 97,000-98,000, with resistance at 99,000-100,000.
ETH: 1-hour and 4-hour levels are above healthy levels, daily levels are above healthy levels, with an opportunity for a rebound today. Support is at 3,200-3,250, with resistance at 3,400-3,450.

SOL is just 1 dollar away from a historical high. As long as the SOL chain's meme coins continue to thrive during this bull market, SOL will definitely rise to a level that will make your scalp tingle.

I bought some coins from the SOL ecosystem in the secondary market: JTO, JUP, BOME, MYRO. After SOL hits a historical high, these coins may be driven up as well!

The right to adjust margins is the freedom that the market gives us, especially in contracts and foreign exchange, but it often exposes our human weaknesses. Many people can’t help but push leverage to the limit, thinking they can make quick money by increasing the margin, but high leverage is like a nuclear bomb; it gains fast but loses even faster. Overusing margin often results in either liquidation or quickly losing all funds.

For example, it's like driving on a highway; 120 km/h is considered a safe speed, but accelerating to 150 or 180 km/h significantly increases the likelihood of an accident. At 220 km/h, you could flip your car at any moment. So, while the market gives us freedom, it's more important that we understand self-discipline. From experience, controlling the utilization of funds at around 30% is a relatively safe approach. Don't overexpose your positions; remember, 'safety first, profit second.'

Trading capital is like a seed; it needs time to take root, sprout, flower, and bear fruit. However, many people always dream of getting rich overnight, desperately increasing their positions, which only leads them to live in fear and anxiety, ultimately being ruthlessly harvested by the market. The real secret to making money is to maintain patience, waiting for time to allow the trend to unfold on its own, rather than rushing to go all in.

How to get out of a position?
1. Active Position Relief
1. If you bought the wrong asset, especially if you bought high after a significant increase, you need to be resolute and cut your losses early to protect your wallet. There are many opportunities in the market, and as long as your money is still there, it will be easy to make a comeback.
2. If the asset you hold is not performing well and continues to decline, look for another asset that is about to rise and quickly switch to it, using the new profits to cover the previous losses.
3. If you are deeply trapped and believe the price will continue to fall, sell a portion of your holdings and buy back at a lower price later, which will lower your average cost.
2. Passive Position Relief
1. If you bought at a low price and believe the market will recover, you can invest small amounts multiple times, but don't overdo it; timing is crucial.
2. If you are fully invested and trapped with no funds to add or unwilling to sell, then just wait. As long as the money is yours and not borrowed, be patient; you never know when you might break even.
Remember, being trapped is not the end of the world; avoid impulsive actions, maintain a stable mindset, and opportunities will always arise.

At present, the hot money took advantage of the rise of BTC to short-sell Alt B due to fear of high prices, causing Alt B to fail to keep up with the rise of BTC, which made the spot holders feel a little uncomfortable. However, according to data monitoring, the main dealers have not shown any signs of shipment. Will the subsequent trend be that the decline of BTC causes a sharp drop in the low-level Alt B, or will BTC surge and then turn into a wide range of fluctuations and drive the low-level Alt B to make up for the rise? Obviously, the latter is more likely. Just wait patiently, time will verify everything.

Recently, several MEME golden dogs have not been launched due to cultural wall issues.

Europe and America are the main forces driving MEME, and they are also the birthplace of MEME culture. This means that MEMES from Europe and America are more likely to emerge, but the cultural gap between the East and West often becomes an obstacle to understanding the narratives.

For example, the recent CHILLGUY, I didn't have time to keep an eye on the market, so by the time I saw it, it was already late. Several smart investors I was following had already entered, and the amounts were not small, so I paid some attention. Over 10m, the price is not low. I looked at the narrative, an artist, an animated character on social media. Then I saw it was posted more than 40 days ago, and calls started on November 16, so I couldn't take action anymore.

I didn't see any KOLs from the Chinese community in the top 20 popular posts. It seems that the cultural wall issue is not just my problem.

$CHILLGUY was able to reach 500m so quickly, in hindsight, it seems that when the calls were made, he was benchmarked against PEPE.

The two share many similarities: images widely spread on social networks, continuous derivative creations, very memorable imagery, and a relaxed sense of humor. Just when PEPE broke its previous high a few days ago, the feeling of a hundred billion market cap being within reach immediately opened up the imagination for CHILLGUY. Plus, various Tiktok-related concepts were thriving, reinforcing CHILLGUY's leading position.

Although I missed out, isn’t it true that one can only earn money within the range of their own understanding?

Now, holding onto an expectation of a market cap comparable to PEPE at 1/10, even if I buy, I might just do some swing trading. After all, the space is limited, and it might be better to continue looking for new opportunities.