👉ETH/BTC exchange rate hits a new low this year. The debt owed in the previous life is paid off by holding ETH in this life. In the next few days, ETH is expected to lead the rise of the altcoins.
💥BTC has been rising continuously in the past two days, and has led the MEME sector to continue to be hot. There are doubled coins in the MEME sector every day, and there are countless coins on the chain that are more than 10 times.
💥But ETH and other altcoins have weakened significantly, falling for three consecutive days, and just hit a new low this year. The short-term ETH/BTC exchange rate is seriously oversold. After the MEME boom, funds are expected to return to ETH and lead other sectors of altcoins. Rebound in the next two or three days;
💥The next paragraph is the operation rhythm of the cottage in November. It is a blessing to understand it:
Except for MEME, the cottage has not shown sustainability in this round. The biggest reason is that ETH has not really strengthened. In this case where the exchange rate is still hitting new lows, it seems difficult for ETH to reverse its trend in November. Even if it strengthens for a period of time, it must pass the second test of the weekly line to confirm the reversal; therefore, before the real reversal, every general rise of the cottage is a stage peak, and then falls back;