Only sporadic resistance, a waterfall decline; it falls like a waterfall and rises like a snail. The cancer-fighting group has more confidence than the cryptocurrency trading group. The cancer-fighting group encourages each other not to give up, while the cryptocurrency trading group is filled with advice for brothers to stop and live well. The market is in turmoil because of the phrase from Fed Chairman Powell that the market is not allowed to own BTC, leading to bloodshed. Next, pay close attention to the Japanese monetary policy meeting on December 19 at 11 AM.
To summarize the key points:
1: Trading is not about who makes the most money. It's about who survives the longest, keeping enough positions to average down on mainstream coins, training amidst the struggle.
2: The BTC daily top formation has already been established, and the correction is not over. Focus on the two key levels of 94150 and 90500.
3: ETH's short-term cycle has not found a bottom, with head and shoulder support at 3510 and 3462 waiting, defending at 3430.
4: ETH/BTC ratio has hit a low, and altcoins are about to decline further. Be brave and gradually buy the dips in leading sectors.
5: After the last three FOMC meetings, Bitcoin's dominance has decreased, and altcoins have rebounded.
6: This wave is definitely the last drop before the altcoin season kicks off, and remember not to cut losses.
7: Trump announces the purchase of ENA; President Trump invests and purchases, BlackRock collaborates and becomes a partner. That's impressive! It is recommended to wait for the price to pull back to the 0.95-1u range before entering the market.
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