November 11

Handsome Guy Research Report (Former Handsome Guy Investment Research Society was closed)

Over the weekend, BTC continued to rise, having surpassed 81,000, setting a new high. After a slight pullback yesterday, it quickly recovered, showing a very strong trend. Many indicators are already exceeding the standard and expectations. Currently, the daily level has achieved 7 consecutive days of gains. Those who previously reduced holdings need to wait for a pullback and re-enter. Pay attention to whether there are any significant positive developments in the fundamentals recently. Since the new regulations took effect, the expectation is that it will maintain a fluctuating upward trend. Those who are confident can continue to wait for further increases. The daily level remains healthy, and the upward trend has not changed. Maintain confidence; there will still be several positives such as interest rate cuts and FTX liquidity release. Stay optimistic; the mid-term bull market has started.

ETH rose in tandem with BTC yesterday, continuing to catch up, having surpassed the 3,200 mark. After a slight pullback yesterday, it quickly recovered, and will continue to rise. Pay attention to the stability at 3,200 during the day; if it can consolidate at this position, we will continue to be bullish. A new round of upward cycles has already begun.

The altcoin sector rose in sync with BTC, and ETH's catch-up made most altcoins follow suit. Most cryptocurrencies experienced decent gains. Hold patiently and wait for a full breakout of altcoins. Continue holding SATS, and sell when it rises to around 50. For mid-term holdings, it can be looked at around 80. PEOPLE's rebound is evident; those who still have positions can consider switching out. Those who still have confidence can continue to hold. PEOPLE's election phase has not yet started; many people have already exited. The expectation for further increases still exists. After reducing holdings, continue to hold CKB and wait for ecological breakthroughs. Keep holding FTM, and temporarily do not move FB, waiting for ecological recovery.

Fundamental news: None

Primary market information:

RGB++ continues to be monitored, recent popularity is not very good.

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

The on-chain MEME sector remains hot; it needs continuous attention.

Mainstream coin support and resistance during the day:

Today's market trend: BTC has support at 79,000-79,500 and resistance at 81,500-82,000. ETH has support at 3,000-3,050 and resistance at 3,250-3,280.

Today's greed and fear index: 76 (Greed)

Pay attention to the crypto handsome guy; the latest research report is available.