11.9 Weekend Market Overview:

BTC closed as a bullish candle this morning, with a value of #BTC创历史新高 77199. The hope I mentioned for Bitcoin to reach new highs every day has now hit the fourth consecutive day of breaking new highs, which is commendable!

Yesterday was the last day of US stock market opening this week, and all three major indices closed with gains! Meanwhile, yesterday saw a net inflow of 1150 Bitcoins into the Bitcoin ETF, with a net inflow of 17990 Bitcoins on the 7th. This has made BlackRock's ETF the third highest in the US, far surpassing Grayscale by several streets, essentially taking over the Bitcoins that Grayscale sold off. I wonder if there is a left hand to right hand liquidity play going on! Regardless, at least in the US, they are taking BTC very seriously. Now that Trump has been elected, he also needs to fulfill the promises he made during his speeches to rally votes.

While the market is in a bullish trend, we also remain vigilant about the risk of a correction; after all, we must respect the market! Bitcoin support levels are 73240.56, 72017.5, 70794.43, with target prices of 77813.32, 80405.24.

Golden Shovel BNB: She's here, she's here!

This morning, CZ tweeted: When BTC continuously hits historical highs, please apply appropriate risk management. There will be many lows (and highs) in the future. Ensure you can handle them, control your greed, and don’t put all your eggs in one basket. Take it slow.

Currently, BNB has surpassed the first and second resistance levels I provided the day before yesterday. At that time, a friend said, how can BNB move to 620 and 629 when it's currently at 590? I just replied, the bull market is here, and everything that seems impossible is about to become possible! So let's carefully consider CZ's words this morning; is it true that BNB will also follow Bitcoin and break the previous high of 721.8? We shall see! After all, eggs cannot only be placed in Bitcoin; some should also be placed in BNB. Also, today is already the 9th of this month; will we ride the wave of this little bull market for some mining and new launches next week? If so, BNB will definitely quickly reach the first resistance at 640.6, second resistance at 654.59, with support looking at 612, 597.68.

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