Daily Market Analysis (11.19)

Summary:

1. The big A will start its last peak of the year, and the Shanghai Composite Index should be reduced or exited above 3600, do not be greedy.

2. No matter how the US stocks move today, as long as the closing price is below 18700, it will not be considered a full drop.

3. After the market analysis was released last night, a sharp drop occurred before the US stock market opened, giving me a short-term bullish opportunity. However, starting today, we will officially enter a short position on the 4-hour level.

4. This 4-hour level drop has two possible outcomes (oscillation, standard), but it will at least go down to around 83000.

5. The current market situation is similar to late October 2021, with many people looking at 100,000, my suggestion is to sneak away at 99000.

6. The smaller levels are still very chaotic, with opportunities on both the long and short sides in the short term. But a trend will emerge soon.

7. Due to the long sideways period, before the drop comes out, there may first be a central move that takes out 93400 before going down. Before that, the 92700 from last night can be treated as a type II sell.

Operations:

1. $BTC above 91700, with 92700 as the stop loss, for the first 4H level peak; $ETH above 3120, with 3170 as the stop loss, for the first 4H level peak; $SOL around 244, with 246.5 as the stop loss, for the first 4H level peak.

2. After breaking the level, buy Bitcoin again at 94000, Ethereum at 3230, and SOL at 250.

3. Make fewer short positions in altcoins, wait for the end of the month to adjust, and it might be more realistic to catch the last wave of the altcoin season.