Daily Market Analysis (11.4)
In the last two months, the new moon has consistently been the lowest point; after the new moon, there has been a decline, allowing everyone to get on board. After the new moon, getting on board and cashing out at the full moon is quite beautiful. On August 5, September 6, and October 3, the needle spike purchases on new moon days were all at the lowest points. Therefore, the early November decline is the time to build positions in the spot market. Currently, the altcoins are really suffering; there is widespread disbelief in the current altcoins. The previous hype has become unconvincing, and people are generally reluctant to take action. Getting involved with small coins has resulted in losses. The four spot positions I heavily invested in have seen the largest position drop by 60%, the third position drop by 50%, and the fourth position drop by 20%. Additionally, a few days ago, the altcoin futures saw a needle spike causing liquidation, which is hard for ordinary people to bear. Big Brother just got out of prison and said that 2025 will be a bull market. Let’s hope for a wave of momentum; otherwise, even an old retail investor like me will have to quit the crypto circle.
Today's Summary:
1: In every U.S. election result day, BTC tends to rise. BlackRock said: Regardless of who is elected, BTC will rise, along with the rate cut benefit at 3 AM on the 8th.
2: BTC has seen five consecutive daily declines and is currently stabilizing around 67,500. The previous point of 67,684 has been entered, and it is currently in a 4-hour B-wave rebound, targeting around 70,500. Today's focus is on low buying, with 68,341 and 67,871 as short-term entry points, and a defensive point at 67,500.
3: An ETH whale borrowed 10 million DAI from Maker to purchase Ethereum, and immediately there was a golden cross below the 0 axis on the 4-hour chart, indicating a bullish trend. Yesterday we analyzed that we entered at points 2,420 and 2,410. Today, we are setting up at 2,437 and 2,418, with a defensive point at yesterday's low of 2,410.
4: SOL saw entry at the lowest point of 158.28 yesterday. Those in profit should cash out half. The remaining half of the funds can use needle spikes to enter at 160.64 and 158.13, with the defensive point set at 156.
5: ARKM, SUI, Saga, these three assets all have very good 4-hour patterns. The price adjustment in the 15-minute small cycle and the consideration of long positions at the middle track of the 1-hour Bollinger Bands can be observed closely today.
#美国大选后涨或跌? #比特币矿工收入飙升 #美国选情僵持 #美联储利率决议来袭