Daily Market Analysis of Cryptocurrency (11.26)

Summary:

1. Explanation of why I do not add positions at higher levels in the copy trading system; my personal account has added positions, and the average price of the short position is above 95000. I execute based on my thoughts.

2. The market analysis at midnight last Thursday was largely accurate. Sometimes what we need is more patience.

3. I am actually more enthusiastic about going long than going short; if you don’t believe me, you can count my entire analyses.

4. The U.S. stock market is expected to see volatility and weakening tonight.

5. For the current 4-hour downtrend, the target can only be seen around 88000, and the reasons were explained.

6. After this 4-hour downtrend completes, there will be a 4-hour uptrend; regardless of whether it breaks 100k or not, the bull market will end in mid-December. (At least it will end a daily level uptrend that started from 52500.)

7. If there is another bull market next year, the prerequisite is that the daily downtrend starting from mid-December must stop falling around 78000. In the worst-case scenario, the daily closing cannot be below 74000. Otherwise, abandon all illusions.

8. Compare the trends of 2021 and this year.

9. Ethereum still has the expectation of a follow-up rise; in the next half month, going long will mainly consider Ethereum.

Operations:

1. For the short position of $BTC , close half at the 88000 level to ensure breakeven, and observe the rebound strength at the 88000 level. As long as breakeven is not triggered, for the remaining short position, sell when the price hits the daily EMA30 (around 86000?). The timing is expected to be around this Friday/Monday.

2. For the position $ETH , go long near the daily EMA15 (3215); hold the long position for at least 48 hours.

3. For position $SOL , attempt to go long near the daily EMA30 (215); if stopped out, do not rush, and also place an order to catch it near EMA60 (around 195).