Today is Tuesday, November 26, 2024. Bitcoin experienced a sharp correction yesterday, from a high of around $99,000 all the way down. So far, it has fallen to a low of $92,350, a drop of nearly 8,000 points. During this period, Ethereum performed relatively strongly, reaching a high of around $3,550 in the early hours of yesterday. The currencies of the Ethereum series also experienced a sharp rebound, such as ENS and LDO, the value dragons of the Ethereum series. Yesterday, Binance's gain list was basically all currencies of the Ethereum series. At present, in terms of copycats, you can pay attention to the targets that have not yet rebounded, such as ORDI. Today, it was observed that ORDI also showed signs of wanting to start. After all, there are hot spots and trading volume, and it is also a currency of the Bitcoin ecosystem. For this type of target, once the trend arrives, it can generally last for a few days. Secondly, the Bitcoin ecosystem also has BADGER and STX, which also have a trend of rebounding today.
Another thing I want to talk about is BNB. I have mentioned it to you in the previous article, so I will not say more here. For this coin, I personally think that it is only a matter of time before it can make up for the loss. Perhaps we have to wait until the recovery of Ethereum is over, and then it will be the turn of BNB. After all, its ecological currencies such as CAKE have already shown signs of starting. Secondly, you can also pay attention to the currency BAKE. At present, you should choose currencies that have not yet started to make up for the loss. Those that have already risen a lot are not cost-effective, and the risks will be relatively large!
Last week, when Bitcoin was around 99,000 USD, the article kept reminding everyone to reduce their positions. Some people reduced their positions obediently. I personally think that they can be bought back in batches. It is recommended to refer to the callback range of Bitcoin every 5,000 points to buy in batches, 93,000, 90,000, 85,000, 80,000, and so on. I personally think that Bitcoin's milestone of $100,000 can definitely be achieved before Trump officially takes office. Therefore, if you only play Bitcoin, you can buy on dips. The corresponding altcoins can also be bought in batches at this time. Bitcoin has entered an adjustment period. The altcoins that rose sharply in the early stage should also usher in a round of considerable adjustments during this period, and the altcoins that have not made up for the rise should also usher in a wave of compensatory rises during this period. I personally think that this will be the rhythm.
Bitcoin has now entered an adjustment cycle. Ethereum had a strong rebound yesterday morning. I personally think that Ethereum may still be able to make a push upward, but it is likely to be a fluctuating upward trend. Whether it can continue remains to be seen.
At present, the cottage industry can focus on some targets that have not yet made up for the increase. Recently, the blockchain game sector has performed relatively strongly. In just a few days, SAND has completed a nearly 3-fold increase. You can pay attention to the related currencies in the blockchain game sector, and there is a high probability that you can get a wave of compensatory increases. At present, if the currencies you hold have not risen much, do not switch frequently without certain opportunities. Those that should rise will be given the opportunity to rotate!
Today’s article ends here, see you next time!
Investing involves risks. The above content is personal sharing and does not constitute investment advice!
