October 30

Handsome Guy Research Report (formerly Handsome Guy Investment Research Society was shut down)

Yesterday BTC continued to rise, breaking above 73000 with strong volume, the increase exceeded expectations, showing even stronger momentum. Currently, the 4-hour chart has entered the overbought zone, and there will be a need for a short-term pullback. Pay attention to whether it can stabilize in the 71500-72000 range. The daily chart remains healthy, the upward trend has not changed, maintain confidence, and pay attention to the latest fundamental news. The non-farm payroll data next Friday currently looks a bit unhealthy, so be prepared with appropriate defensive strategies. First, pay attention to today's small non-farm data; if the expectations are not good, consider reducing holdings to avoid risks. There are also several positive factors coming up, such as the general election, interest rate cuts, and FTX capital releases. Stay optimistic, the mid-term bull market is about to start.

ETH followed BTC and rose in sync, facing strong resistance at 2680, and is expected to undergo slight adjustments before making another push. However, ETH's performance compared to BTC remains relatively weak, and the ETH ecosystem is still not very active. Nevertheless, with BTC’s successful breakthrough, ETH's catch-up is just a matter of time, and a new round of the upward cycle is about to begin.

The altcoin sector rose in sync with BTC. SATS has seen considerable adjustments recently, entering the oversold zone continuously. Continue to hold and wait for a rebound, plan to cash out around 50, and for mid-term holdings, it can be seen to 80. PEOPLE recovered from its previous decline yesterday, and will observe this week; if no significant upward trend is seen, consider exiting. After reducing holdings in CKB, continue to hold and wait for the ecosystem to explode. Keep holding FTM, and temporarily hold FB, waiting for the ecosystem to warm up.

Fundamental news: Pay attention to this Friday's non-farm payroll data; the current figures are not ideal.

Primary market information:

Continue to monitor RGB++, recent interest has not been very good.

The rune market has shown some recovery; friends who previously bought DOG are advised to hold long-term.

The on-chain MEME sector remains hot; continue to pay attention.

Mainstream coin support and resistance today:

In today's market, BTC has support at 71000-71500 and resistance at 73500-74000, while ETH has support at 2550-2580 and resistance at 2650-2700.

Today's greed and fear index: 77 (Greed)

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