On Sunday, Bitcoin and Ethereum were sideways. With such a good opportunity, the altcoins did not rise but fell. It was a bit strange. The bullish power began to weaken, especially a group of old altcoins rushed to the second peak yesterday. It was a bit like a leading indicator. The peak was not so fast, but the strength was obviously weakened. I think it is the end of the year, and the risks are greater than the benefits. I personally think that there will be a relatively large correction from the end of December. Brothers who want to buy should not be anxious. Your coins will fall from the end of the month. At present, you can only do short-term trading.
To summarize the key points of the afternoon:
1: BTC continued to enter a volatile market after the pin, and there is no profit space
2: ETH pulled back in 1 hour, and it was still volatile in 4 hours
3: Trump concept currency: Doge Xrb People, Trump will continue to hype before he takes office
4: The whale bought the bottom when XRP fell to $2.22 and bought more than 120 million XRP. If the strong support of 2.22 is broken, the downward trend will be formed
5: Trump's second son will give a speech at the Abu Dhabi Bitcoin Conference from December 9th to 10th, which is good news
6: It seems logical from this month to March next year. The altcoin season has just begun and will last for about 90 days. The weekly upward consolidation will continue to rise📈
7: Michael Saylor: It is recommended that the United States sell gold reserves to buy at least 20% to 25% of the circulating Bitcoin, which should be a hype story for next year