A sharp drop or major correction is expected this month. Yesterday, many altcoins rapidly surged, it's time to take profits on long positions. Currently, the risk of profit-taking by market makers is present, it is advisable to sell one-third of the total funds for risk control and to buy at lower levels to reduce the average purchase price.
Quick summary of today's highlights:
1: The U.S. Bitcoin ETF purchased a record 71,570 Bitcoins in November, indicating real capital entering the market.
2: On November 30, the net inflow for the U.S. Ethereum spot ETF was $332.9 million, no wonder Ethereum is so strong; mainstream support prioritizes buying Ethereum, and any dips are opportunities.
3: Next week, the Federal Reserve will meet, and on December 5, Powell will deliver an important speech. The market is watching how non-farm payroll data will affect interest rate cut expectations.
4: Bitcoin is currently in a double top pattern on the 4-hour chart, while Ethereum has completed its catch-up. Under high volatility, Ethereum should be supported as it has a high safety factor for ambush buying.
5: For all cryptocurrencies, it is recommended to place staggered buy orders at three support levels to reduce holding costs. Slow and steady wins the race; making profits is better than going all in and losing.
6: The market makers' trading strategies are extremely volatile, with fluctuations of up to 30% in either direction.
➕ It is advisable to place staggered buy orders at three support levels with 10-point increments, with positions of 2, 3, and 5 for stability.
7: SOL has been consolidating for several days; those looking to speculate on a catch-up should consider buying at 233 or 238, with a stop loss at 225.
