Bitcoin is clearly very strong, with hardly any significant adjustments, which aligns well with the tactics of the current market operators, pulling up and crashing without looking back. Currently, on an hourly level, it seems to be forming an ascending triangle; as long as it doesn't break the lower trend line, there shouldn't be any major issues. Bitcoin's rise this week has weakened a bit compared to last week, but it won’t fall into a crash immediately. As long as it doesn't drop below 88500-88250, it won't fall into the 8.6-8.5w range.

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On the contrary, after breaking through 93600, it will directly reach a new high of 96000. The rumors of a crash circulating online today are purely alarmist. Every time there is a 3k point pullback, it is a solid opportunity to go long. Who is shorting BTC now without feeling like walking on thin ice? Is there comfort in waiting to go long after a pullback?

Corresponding operations:

There should be more than 6 layers of positions in spot trading, as any move is a prediction and cannot be absolutely accurate. In a situation where the general direction is relatively certain, being overly afraid of a pullback causing missed opportunities is very troubling. It’s good to reserve 3-4 layers of positions to cope with pullback replenishment. A pullback in an upward trend should be seen as an opportunity.

Finally, today we reveal why BAN's 14-day 132 times surge appeared out of thin air. After reading, you may understand whether there will be further surges for BAN.

The 14-day 132 times surge of BAN is clearly the result of market manipulation by the operators, not a normal market phenomenon; just look at the K-line to know.

图片8 days ago, on November 11th, the K-line of BAN looked like a vertical line, just like a real rocket, driving the price from $0.03 each directly up to $0.28 each—a 9-fold surge that only took 7 days. Sky checked the position.图片

On November 11, 2024, the trading volume of BAN was $38,141,590. Until the 18th, the trading volume of BAN remained between 38 million and 88 million, fluctuating between 1 to 2 times. Then on the 19th, it surged directly to 460 million dollars. Moreover, BAN's social media has only had over 100 tweets since its establishment. Can you tell me this is a normal market phenomenon?

What is the purpose?

1. This is a practice of traditional auction houses/luxury goods in our industry.

2. Binance is relatively supportive of RWA tokens and narratives.

3. It reflects the terrifying effect of Binance listing tokens, and the tendency for cooperation with institutions like Sotheby's seems to be this round of Binance's meme style.

How will BAN operate in the future?

1. Looking at Binance’s consistent meme tactics, I feel that Binance has not completed its selling. After Binance launched ACT yesterday, it has not really dropped much yet, so it feels like there is still room.

2. See if OKX lists BAN. Once OKX lists it, there may be another wave of growth.

3. How much face does the exchange give to Sotheby's, and how much sincerity does Sotheby's show in cooperation? How much bargaining power does the demand for RWA narratives hold for these exchanges?

I personally think there is still room behind BAN. Firstly, Binance market makers have not completely sold off, and secondly, OKX has not yet launched. I have written down the development history of BAN, which does not constitute any investment advice!

Hundredfold coin—worm

The market value of the insect has surpassed 70 million; we've already multiplied by 5 times. We can continue to hold, with the first target being ten times. This token has relatively high popularity abroad and is quite innovative as an aimeme coin and blockchain life form. It is expected to break out, and its market value remains very low.

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