BTC has reached a new high, has your account reached a new high?
Friends who short have chosen the hardest asset, BTC, while friends who long have chosen the weakest altcoins. When BTC falls, altcoins fall; when BTC rises, altcoins also fall! This bizarre market only belongs to the bull market of BTC, with most altcoins in a mess, not rising but falling instead. If BTC falls, altcoins will have to return to the low point of November 4th! Here are the key points from last night:
1: A large Sol holder placed a massive sell order of 124 million USD, mainly betting on the 250-270 range.
2: ETH whales are placing buy orders in the 3030-3100 range, amounting to 65.95 million USD, while sell orders in the 3150-3220 range are only 3.48 million USD, indicating a high probability of a price increase.
3: Over 816 million USD flowed into the spot BTC ETF yesterday.
4: Every time BTC breaks a new high and consolidates, ETH will catch up and lead altcoins to rebound. I just live-streamed advising everyone to buy ETH near the current price of 3110, and the current price is 3161.
5: After BTC finishes its consolidation, altcoins will begin to gain strength, and there will be a wave of catch-up in altcoins.
6: MicroStrategy will sell another 2.6 billion USD in notes on top of the previous 1.75 billion USD and use all the proceeds to buy more BTC, which is the reason for the 95,000 USD increase, forcefully pushing up Bitcoin.
7: NEIRO has broken the important 4-hour support level of 0.002; with this break of support, it's better to observe as the buying power is not strong.
8: ACT has not finished its 1-hour decline yet, suitable for bottom-fishing divergence near 0.52, with a defense at 0.5. Nvidia will announce its earnings tomorrow.
9: PNUT is back at the lower edge of the triangle at 1.45, which is the last defense position for bulls.