November 21

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

Yesterday BTC continued to rise slightly, briefly breaking 94500 to set a new historical high, in line with recent expectations. The current 4-hour trend is healthy, fluctuating upwards, and no negative news has been observed in the fundamentals. The greed index is relatively high, so attention should be paid to market sentiment. A new high is expected to be broken again soon. The daily level remains healthy, the upward trend is unchanged, and confidence should be maintained. There are still several positives ahead, including interest rate cuts and FTX fund inflows. Stay optimistic; the mid-cycle of the bull market has started.

ETH did not rise in sync with BTC, showing a weaker trend compared to BTC, maintaining a range-bound fluctuation. Pay attention to the support situation at 3000 during the day. After the consolidation ends, it is expected to follow up. Currently, the 4-hour level shows a bottom divergence still forming, waiting for a surge in volume, with subsequent expectations for a price increase.

The altcoin sector has followed ETH in a synchronized correction, generally experiencing a slight decline. SATS should continue to hold, cashing out around 50. For medium-term holdings, it can be viewed up to around 80. PEOPLE is still not ideal and can be swapped out. Those who still have confidence can continue to hold. After reducing holdings in CKB, continue to hold and wait for ecological breakthroughs. FTM should be held, and FB has recently shown unusual activity, with a price increase due to the Binance mining pool's involvement, but it's not a clear positive for the ecosystem. The ecosystem still needs development.

New altcoins to watch include ACT, which has a very good community build-up, a new track, a new sector, AIMEME series. Currently, GOAT has not yet entered the major market with a market cap of 1 billion, and ACT is expected to become a new leader, potentially reaching a market cap of over 1B. Keep up with the collection.

Fundamental news: None

Primary market information:

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

The rune market has seen some recovery; friends who previously bought DOG are advised to hold for the long term.

The on-chain MEME sector remains hot and needs continued attention.

Support and resistance for mainstream coins during the day:

Today's market, BTC has support at 92500-93000 and resistance at 95000-96000. ETH has support at 3000-3050 and resistance at 3150-3200.

Today's greed and fear index: 82 (extreme greed) CMC shows 83. The greed index has soared; be cautious of risks. Mainstream coins should appropriately reduce holdings, and altcoins must have stop-losses.

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