Morning review: Bitcoin is just 1,000 points away from the $100,000 mark. Will it continue to rise to higher positions or take a phased profit? This is what many people are most concerned about!#非BTC板块市场走势
Review of the past: November is about to end, and during this month Bitcoin has risen from 60,000 to around 100,000, an increase of nearly 45%. Looking back over the past month, Shepherd has repeatedly guided everyone to enter the market at low points. Unfortunately, during Shepherd's recent business trip, many inexperienced traders still thought they could make a profit. I understand the psychology of these traders: first, they do not understand the operational patterns of Bitcoin because they have not experienced two cycles of bull and bear markets like Shepherd. Second, those who gamble often have a gambling mentality in reality; if you don't believe it, observe your fellow traders, and gamblers often refuse to admit defeat, even knowing they are wrong, they still cling to the hope of winning back once!
The second point is the most fatal; many inexperienced traders think, 'Bitcoin has risen so high, it must drop a bit. I can make a profit trading; I will definitely win!' This kind of thinking is actually a gambler's mentality. Making decisions with this mindset in the financial field is a very dangerous move! And the results are often very tragic!
In the recent week of Shepherd's daily market analysis, a key point has been mentioned multiple times, which is the $91,000 level. Shepherd has repeatedly indicated that if Bitcoin cannot stabilize in this area, we should gradually exit. If it stabilizes in this area, we will continue to enter and go long! Currently, Bitcoin has reached the $99,000 level. If you followed Shepherd's advice, I believe you are calm at this moment because you know what you are doing!
In Shepherd's daily analysis on November 19, he mentioned that the $91,000 level is very critical during Bitcoin's upward movement, as there exists a dense trading area. Moreover, Bitcoin had been oscillating in this triangular convergence area for four days last week. On the night of the 19th, Bitcoin quickly broke through this key area, and the momentum surged directly. On November 20 during the day, Bitcoin retraced to around $92,000, and Shepherd instructed exclusive strategy members to enter at low points, and this decision successfully captured around 4,600 points! The lines in the graph below have not been changed; they were also in previous content. If you adopted Shepherd's decision, I believe that even if you made your own decisions, you would have achieved good results!
The next question many are concerned about is what to do now. Let's look at the data in conjunction with previous analyses. In earlier analyses, Shepherd warned that once Bitcoin breaks above the $91,000 level, we will directly see the next key area, which is 1.618 ($102,500). As of the time I am writing this, Bitcoin is already at 99,200 points, so we hope to achieve this target today or this week!
The current spot strategy is to continue holding positions below a cost of $30,000! If you entered the market following Shepherd in September of this year, with an average price around $60,000, Shepherd suggests observing the situation around the $102,500 level. If Bitcoin retraces below $100,000, we will choose to exit 30% at this position. Due to its timeliness, no further statement will be made regarding He Yue here! Shepherd will make optimal decisions based on real-time situations!
Regarding altcoins: Last night, the altcoin market collectively rose, and the JTO/DOGE/ARKM/ENA that Shepherd has explained multiple times performed well! During my journey yesterday, I also mentioned a token that everyone could pay attention to, which is FTT! As a result, it surged violently by 50% early this morning. Here I will briefly explain, for more in-depth information, tune in to Shepherd's live stream at 7 PM tonight! FTT is a bankrupt project, and its owner is the founder of SOL, so everyone can consider SOL's recent performance! Also, take a look at SOL's twin stars JTO/RAY's performance!
The overall strategy of the altcoin market is to hold or increase positions in Bitcoin. If Bitcoin retraces to certain key levels, all altcoin positions should be closed! Remember not to stubbornly hold onto losses! This bull market is different from previous ones, and this is a serious issue that countless people have not realized, despite Shepherd's multiple warnings! So you must learn to be flexible. This bull market does not mean you can just hold on passively; that era has passed!
Shepherd reminds again: Many altcoins will lose liquidity and head towards zero! I am not exaggerating; one reason comes from Shepherd's strong capabilities! The second comes from data support! Due to space limitations, I won't elaborate more!
Regarding He Yue: Continue to hold onto Bitcoin's long positions! Last night, as soon as Shepherd landed and opened the computer, he guided exclusive strategy members to directly enter ETH3150! We are still holding, and some new friends are already afraid of missing out on big profits and have exited. However, regardless, our exclusive strategy members are continually moving towards greater victories with each success!
Due to various platform limitations, more content from He Yue cannot be conveniently displayed. Whether you believe it or not, it does not affect Shepherd's own decisions and his continuous victories! If you are still losing heavily in this market, I suggest you find a block of tofu and hit your head against it! Listening to advice is half the battle; if you don't know, don't act blindly! Pay close attention to Shepherd's various communication channels every day! You will gain extremely valuable growth insights!
Shepherd's reminder: There are many fake bloggers on the internet stealing Shepherd's content. Please indicate the source when you copy it. As long as the source is indicated, Shepherd will generously share. Starting next month, the Shepherd team will combat content theft across the internet! Remember to share and like; your recognition is our greatest motivation!
