【Can we bottom out this time?】

Brothers,

After Ethereum touched 3980, the main force escaped the peak 15 days in advance, and we've been waiting for almost a month.

Currently, Bitcoin has completed its pattern and quickly rebounded back to 9.93w, not breaking 10w. At this point, Bitcoin is likely to consolidate sideways instead of dropping, with the trend line shifting. A pullback could allow it to break through 10w+.

Even if Bitcoin experiences a wave C pullback, Ethereum will not reach new lows, at most returning to around 3350 to test support, and then oscillating around 3500.

During this process, Ethereum has shown new changes. On the evening of the 23rd, Ethereum's trend exhibited a significant turning point, jumping 200 points without pulling back to around 3100, returning to around 3500. Currently, Ethereum has been consolidating around the mid-axis for 2 days. It is expected that, while Bitcoin is consolidating at high levels, Ethereum will form a unilateral trend, with a significant chance of breaking through 4000+ and possibly reaching 4100, aiming for 4600-5000.

The timing is expected to be at the beginning of next month or the end of this month.

The expected Ethereum price will likely not break below the 3000 mark. We can gradually complete our positions in spot before the end of December.

Recommended heavily invested tokens: OP, LDO, NEAR.

★【Brothers, have we all escaped the peak? When will we come back to buy low?】

It's intense. At the end of last month and the beginning of this month, I posted 5 times in a row, predicting the market manipulation and the significant drop in advance!

The timing for escaping the peak was accurate to the day!

No hindsight wisdom here! (Check the previous posts, it's crystal clear) Let's communicate together, hanfeng1688.

I hope my brothers and sisters who follow me successfully escape the peak!

So, when will our main force come back to buy low?

First, let's take a look at the data!

On May 10, 2021, Ethereum peaked at 3964U.

On May 17, 2021, it plummeted 61% to 1713U.
Then it entered a period of consolidation and upward movement lasting 77 days.
On July 26, 2021, it broke out of the range. Started to strengthen.
On August 31, 2021, after consolidating for 77 days, Ethereum again surged to 4020U.
After 21 days of high-level downward consolidation,
On September 15, 2021, Ethereum fell 33.86% to 2663U.

Assuming this time the peak for Ethereum is 4090U on December 7, 2024.

Then correspondingly, the trend on August 31, 2021.
Currently, during this period, Ethereum has been fluctuating up and down, after touching near 4090 for the first time, it only went back to 4015 once, and later attempts have been below 4000. Currently, from a daily chart perspective, it is in a downward trendline market.
So this corresponds to the bull market on August 31, 2021, and the consolidation period from July to October this year.

There is a high probability that Ethereum will retest the important support level of 3000-2850 near the box range again within 28 days after reaching 4090.

If Ethereum falls back to build a bottom, the consolidation period will be 7-10 days and will quickly rebound.

This judgment is based on Ethereum not breaking the new high of 4090 and forming a secondary distribution, with expectations also calculated for the end of December.

Of course, the premise is that Bitcoin must adjust to around or above the regulation level before October 30, 78750-83500, for there to be an opportunity.
If we can wait for Ethereum to return to this position, it would be the best layout opportunity for spot trading.

What to buy? Any asset is fine, the first quarter of next year will be the season for altcoins! The best opportunity to make money.

In this wave of selling, the dog fund has swung the sickle for the first time. Is there still a chance ahead?

This morning's double spike indeed caused heavy losses for many bulls, while the bears were left crying.

The big pie actually hasn't dropped much; the altcoins are bleeding profusely.

Last week, Lao Huo continuously posted five times, repeatedly warning against complacency, especially pointing out the dangers of the 10th-11th!
hanfeng16890

Reminding brothers that if you can take profits, do so for safety. It's fine to play short-term with light positions and stop losses.

This wave of selling is still not the true position for the big pie; the main forces still cannot easily move.

The big pie needs to return to the 83300-78600 range to have a chance to rebuild the bottom.

In a high-level volatile market, with frequent spikes, it's a hell-level market. Sometimes, controlling your own hand and patiently waiting is also part of trading.

The hell-level difficulty and extreme uncertainty in the market mean that large amounts of capital could be buried if they gamble, potentially buying at the peak of the stage.

When will certainty return? Wait until after Trump takes office, and the favorable news has fully played out, and the Federal Reserve starts cutting interest rates again.

In any case, it's not in this current high-level volatile downward market.

Those who are calling for the big pie to reach 120,000 will see it in the future, but not now.

The greed index has dropped a bit.

For short-term trading, lightly buy around wif2.9, add to position at 2.85, and set a stop loss if it drops below 2.5.

Brothers,

This time we really need to be careful, important things are said three times! Reminder on the 16th from Lao Huo, Bitcoin has a chance to drop below 105000, and today it was precise.

Ethereum to 3850, almost 3980, if Ethereum reaches this position, it's better to cash out for safety. hanfeng16890

The money you cash out is your money.
Relative to being stuck at the peak, taking a 40% profit and missing out can sometimes be a blessing.

Sell when the crowd is roaring! The greed sentiment indicator around 82 has maintained for 20 days, don’t take it lightly.

The scalper's sickle is already very sharp!

Don't say you missed out, in a highly dangerous market, it's okay to play with a small position for short trades, but the main force suggests waiting for Bitcoin to return to fill the gap below 83500 before choosing to buy back after a pullback.

Not coming back? Impossible! BlackRock's main Bitcoin account hasn’t acquired enough; their target is 1 million Bitcoin in spot, Grayscale is just their lackey, and Grayscale will also take action to sell off, it's time for Mentougou to jump out as well.

Today Bitcoin surged to the critical resistance level below 105000, this is likely the highest point in this phase, with very obvious traces of clearing out leveraged shorts.

It is expected that in the next few days Bitcoin will oscillate back and forth within this 5000-point range, waiting for Ethereum to touch 3980 again, and after a slight breach above 4000, it should be about enough.

A 20,000-point drop only requires one piece of bad news! The Jews have already arranged it, the Ethereum priced at 2850 in South Korea and the fright of Bitcoin at 66,000 has already been reminded in advance.

However, with Bitcoin oscillating at high positions these days, what short trades can we do with a small position?
We have also sold off the RWA sector's ondo recently, AI has seen a supplementary rise today, and we can still look at the second wave of the Ethereum ecosystem, fan coins and memes.

Most of the time, the scalper will bring out the mud dog again to attract the attention and funds of retail investors. The doomsday mech Bome has missed a 30% surge, and it has now broken out of its range; you can buy a unit at the current price.
Fan token: Lazio is still at the bottom, you can play a unit. Stop loss 8%

[The flash crash of the Korean exchange tells us that the dog dealer's sickle has been sharpened!]

Brothers,

Ondo, which has been calling orders for half a year, has doubled its profits again. This wave has kept 20% of the bottom position, and most of it has been put into the pocket.

Tonight, there is a flash crash in the Korean exchange bit, which cannot be accidental.
The probability of human intervention is very high, and the dog dealer did it on purpose. hanfeng16890

Big cake took advantage of the situation to smash the market and turned around 93500 and then rebounded, killing both long and short positions.

The rebound height of big cake has been getting lower and lower recently, and the downward shock has become more and more obvious.
Looking around, most of the cottages have pulled the first and second waves.

The dog dealer's sickle has been sharpened.

It's time to cut a wave of leeks. It is expected that around next Wednesday or Thursday (December 10th and 11th), big cake will pull back to around 83500-85000 to re-accumulate power.

When big cake pulls back to this position range to accumulate power, it is the time node for us to go all-in.

Will it follow this script? Let's wait and see.

The market has been good recently. The short-term stocks recommended by Laohuo at the end of each post, such as AR, CATI, polyx, imx, c98, combo, sats, etc., have all risen by 30-100%. Of course, the dogs of the ton ecosystem have not started yet, so continue to hold them.

Anyway, they are all short-term stocks. Get off after a big profit. Don't be fussy. There are plenty of opportunities to lock in the profits.

I recommend a short-term stock these days: wif's second wave high point, 3u on board, 2.6 lighten position. The leader of the ai sector, render (leader of the ai sector).

【The 100,000 U.S. Dollar Bitcoin is just a bait; every time before a major correction, a monster appears, but who would have thought it would be this?】

Brothers, Bitcoin has surged back above 98,000, crashing down 3,000 points in the evening, then rebounding back up.

Every time it seems like Bitcoin is about to break 100,000 U.S. Dollars, it just doesn't, dangling the hopes of retail investors like bait, giving them a glimmer of hope.

Old Fire noticed that SOL has already started to oscillate downward, and the market's fluctuations are becoming more and more intense. The downward trend of Bitcoin at a high position has become a foregone conclusion.

Ethereum still has a chance to surge to around 3,850 and 3,950 during Bitcoin's narrow oscillation period.

At this position, no need to think too much; the market's craziest heat will be ignited, and retail investors will charge ahead!

In fact, the most dangerous moment is when Bitcoin last distributes Ethereum around 3,850-3,950.

Currently, the downward oscillation of Bitcoin's market is actually very dangerous. Although most altcoins have only doubled, once retail investors come in, they might very well get stuck at the peak for a short time, and it’s hard to say even after a few months. Currently, mid to short-term operations must include stop-losses.

Today, the brightest star is undoubtedly Ripple. Many people never thought that the 'dog' would push such a high market cap Ripple to ignite the passion of retail investors.

Now, some are shouting that Ripple will triple and surpass the king of public chains, Ethereum.
The heights reached before will make those chasing at the peak cry out in despair!

Looking ahead, it is still expected that Bitcoin around December 8, or possibly this weekend, or next Monday or next Wednesday, the 'dog' will surprise retail investors. After all, several weekends have seen the altcoins reveling. There’s a chance Bitcoin could give retail investors a terrible weekend.

Last time Bitcoin crashed 10,000 points, the altcoins were indifferent. This time, once Bitcoin returns to around 85,000, or even superficially breaks 85,000 to 83,500, there’s a certain probability.

The fourth quarter altcoin market, the second round of the market, still has potential; it's just best to be patient and wait a bit.

Engaging in certain markets will significantly lower risks.

This time, I still recommend two good coins to buy on dips:
NEAR and AAVE. AAVE performed very well today, and these two coins still have high potential; after a correction, you can still jump in and go for it.

【Are you empty? Are you anxious when you see others making money? Where are the opportunities? 】

brothers

Don't worry, the next market trend is still to come. This is a good thing for Trump's election. The Wall Street bosses who support Trump are making a lot of money. The pie has been reduced from 70,000 to less than 100,000. Basically, Wall Street is selling goods amid the volatile market conditions, and it’s time to count the money.

This wave of big pie counterattacks, yesterday it once again reached the important pressure level near 98500. Lao Huo also said before that if 98500 is not stable, the big pie will still fluctuate downward. hanfeng16890

The downward trend means that profits will be shipped during the rebound.

Profits were taken to speculate on Ether, but Ether still has not broken through the 3950 mark, which is more than 200 points away. Although Ether's ecology has made up for the increase, it is still worse than expected.

In the past two days, it has been observed that the bids in the Binance observation area have begun to increase in various ways, which shows that the dog dealers of these projects have taken advantage of the big pie to quickly increase the harvest.

If there is an ambush at the bottom, take a bite and then retreat, there is no pattern. If the market has already been pulled, don't chase the high.

Next week, as we enter December, it is expected that the market will fluctuate and clear out high leverage. hanfeng16890

There is still a chance for Inscription, DeFi, DAO and fan sectors that have not yet exploded. There is still a chance for the second wave of the ai board, the second wave of the rwa board, and the ecology of the Ton board to take another bite.

In the next 10 days or so, Gouzhuang's orders are almost ready to ship amid high fluctuations. After inserting the pin up and down, the picture will be clear, and it will return to the vicinity of 83500-85000 to accumulate strength, and then seek for the second big pie. Distribute high point opportunities.

So, don’t be anxious and feel like you have bullets in your hands and want to shoot them all. After being trapped, you will feel very uncomfortable when you encounter a big pie and violently wash the dishes.

The market is ever-changing, especially when the market is at a high level and oscillating, it is the most difficult to play, and you must bring a stop loss.

To be on the safe side, it is best to wait for the fundamentals to be favorable before making a deterministic market move.

With stop loss -6%, short-term operation recommendations for small positions: STAS and lever, lazio, dogs

【The big pie's rebound did not meet expectations, what is the intention of the dog stock this wave?】
Brothers,

The big pie is currently in a high-level wide fluctuation, and it seems to be in a trend of high-level fluctuation and downward movement.

The stockholder has defended the market above 90800.

Last night's V-shaped rebound broke above 95500, but did not break 98500.

The big pie still shows that each rebound is lower than the previous one, and the stockholder is clearly unloading at high levels.

This wave, for each rebound, it is recommended to observe if you hold positions with explosive potential.

It is expected that at the beginning of next month, the big pie will smash back to the key support level of 85000.
Wait for the news of the Federal Reserve's interest rate cuts to make a decision.

For certain market trends, there is no need to take risks.

As for Ethereum, after a strong cleanup of leverage, it has seen a rebound and welcomed a 600-point surge, securing low-multiplication long positions.

Although there is still an expected space of 300-400 points above Ethereum, it is still influenced by the big pie's high-level wide fluctuation. It is better not to have a big picture.

In the Ethereum ecosystem, ENS has surged, IMX is hovering around 1.75, and spot trading can set a stop-loss position (stop-loss at -6%) for a wave of ambushes.

【The benefits of Trump's rise are slowly wearing out, and the big pie is pulled back to 95k+, can we go all in?】

Brothers,

First, let’s talk about the short and medium-term spot situation recommended yesterday.

Last night I called everyone to bottom fish Bb, polyx, and wif,

bb made 25%, and I sold it.

polyx and wif continue to hold, both tokens, polyx is expected to make 20%+ wif's downtrend channel, the overhead trapped positions are too many, and it has not been cleaned up yet.

For us who are ambushing from August to October, every time the big pie rises, the holding tokens will spike, and it’s a good opportunity to cash out! Every time the big pie rises is a good opportunity to sell!

Short and medium-term operations need to include stop-loss positions.

The benefits of Trump’s presidency have slowly worn out, this time the big pie dropped about 10,000 points at high, indicating that there is heavy pressure above 100k, and the big pie ETF in the US stock market continues to flow in, with long and short starting to diverge.

Next, the expectation for the big pie is a process of oscillating downwards.

However, every time the big pie pulls back is a good opportunity to get on board in the short and medium term.

Although it broke 95.5k, caution is needed for tokens that have already spiked several times when chasing high.

Below are two tokens that are still operating at the bottom that can be ambushed:
imx and blz
imx belongs to the Ethereum ecosystem, a leader in the domain field, as Ethereum strengthens, imx is expected to reach 2.5-3u

blz is an observation token, the bottom has already broken, you can take a small position to try for a 30-50% profit before exiting.

【Bitcoin has pulled back as expected, can we get on board? 】

Brothers Lao Huo expected it in advance last Friday. There was a two-day carnival last weekend. Around the 27th, Bitcoin pulled back significantly. Currently, it rebounded after supporting above 91,500, and the US stock market opened high and moved higher. hanfeng16890

Bitcoin pulled back, giving Shanzhai a chance to rebound in the second and third waves in the short term.

Remember, Bitcoin is far from having a real pullback at present. This pullback is just accumulating strength, and it will hit again, which still belongs to the category of high-level whole market.

What are we doing? Let's ambush together with hanfeng16890.

Spot Bitcoin pullback order on November 26,

Short-term: wif 3 on board, 2.85 supplement. Take profit below 3.5, maliciously smash the market and break through 2.5 stop loss (10% position)

Polyx mid-term order, get on board near 0.36, take profit at 0.45-0.5, break through 0.5 and look at 0.7. The big bitcoin price has a deep pullback, and the market is maliciously smashed, and the stop loss is below 0.288. (15% position)

BB label, it has been oscillating in the box, betting on its first wave of volume, to around 0.45.
There is no need to stop loss in the pullback.
0.28-0.34 is its oscillation box. (10% position)

Does Dogecoin still have a chance in the short term? When should we enter the market to buy the bottom of the Shanzhai token?

Brothers, this wave of Dogecoin's second peak run was very accurate, 0.36 on the train, 0.47 near the rice.
Wait for him to wash the next wave. It is expected that this wave will fall below 0.35, to around 0.28. hanfeng16890

Currently, the 4-hour and 6-hour lower track of the big cake is running, and this wave of bulls has suffered heavy losses.

Tomorrow, we have to see the inflow of US stocks and big cake ETFs. This time, the big cake may fall back to the 93500-91500 range to accumulate power.

The second chance of Shanzhai will have to wait.

After the big cake callback is in place, the first to charge is still the meme tokens and ecology of the meme and sol sectors.

[What can I say this time? Ethereum took advantage of the weekend nap of Bitcoin and took off. Where will Ethereum go? ]

Brothers,

On November 16, Ethereum was smashed. Lao Huo called on all brothers to look at Ethereum at a low multiple (post on November 16). At present, the cost can be protected at this position and part of the money can be pocketed.

Many people who hold Ethereum or Ethereum chain are pessimistic, and they have chased high and changed their positions in the meme of the sol sector.

Haha, why do you lose money in the bull market? Hanfeng16890

Brothers, trading is against human nature. You should buy when it is quiet and no one cares, instead of chasing the market and chasing the dog dealer!

At that time, many big Vs were crazy about Ethereum, and Lao Huo made a prediction against the market. What are the dog dealers of Ethereum doing!

Ether is indeed not strong enough now. The problem is that it is the king of public chains after all!

Although sol is favored by Grayscale and other Wall Street, it does not mean that Ethereum is dead!

If Ethereum can break 3500, look at the pressure near 3850. Take advantage of the big pie and rush quickly. You can have 20% in one wave.

When Ethereum rises, its ecology will take off. Laohuo has always been optimistic about metis. He has been following it since 2021. He has never been disappointed every time. This time, he is still heavily invested.
At the end of this wave, we will see 80-180u, and it is not impossible to return to 300.
The 12u position in the first stage is still there, waiting for the rise of the dog dealer!

【Is this market a big bull with Bitcoin crazily sucking blood? When will it pull back?】

Although Bitcoin is close to 100,000, don't think this is a big bull market; it can only be a Bitcoin bull market, with a small portion of altcoins performing well. Overall, altcoins haven't reached a big bull market and are still far from it. There will be many sharp rises and falls along the way.
hanfeng16890

Personally, I believe that a market with an index exceeding 92 in extreme greed won't last long. The stars promoting digital currencies indicate they want to run away, and the media's various reports have given Bitcoin enough exposure, making the retail investors excited. The dragon-slaying knife of the whales has already been sharpened.
I don't want to call for a short position; after all, if it drops, I will also incur losses holding my coins. Rationality tells me that trading needs to be cautious at this time. Of course, we still have to look at next week's data for further insights. I will closely monitor the inflows and outflows of the Bitcoin ETF in the US stock market.

Next---

Next week may be a turning point, and a significant drop is expected around November 27. It's hard to say where Bitcoin will fall back to for now.

Altcoins only have this weekend and the next three days as a window of opportunity for explosive growth. If there is no pump, we can only wait for the next wave cycle; some promising altcoins in the SOL sector have already been washed out in advance.

Our main positions can only wait for the next opportunity to accumulate----

I called for mid-line accumulation in September-October, and most of the coins performed reasonably well. However, some coins like BOME are not worth holding anymore. I still hold some, which can be called an apocalyptic index; if it pumps, it means they are about to run away. Other non-dominant coins like BB or NOT, DOGS, are not worth much.

The first opportunity to clear and take profits appeared around November 14. During this time, I called for profit-taking on WIF, SUI, IO, SOL, and CATI, and I no longer hold these coins. The remaining coins that haven't exploded can still be held. The strategy has repeatedly reminded to take profits at highs and pay attention to risks. Currently, operations are only for short-term trading, and you must set stop-loss levels upon entry. If it falls below the 6-hour BBI, unconditional stop-loss applies.

Eternal Flame - November 22 Market Analysis

Brothers, Bitcoin is about to break the $100,000 barrier, a dream once considered unreachable is now within reach. Looking back, those who predicted Bitcoin would surge to $100,000 are now seeing their words come to fruition. However, in the face of such rapid growth, have you ever felt, 'If only I had invested in Bitcoin back then, I would be financially free now'? Information and data delivery:

Market sentiment and altcoin performance:
The altcoin market showed slight weakness on Friday, and the recovery trend is not strong enough. There is a lack of confidence in the market regarding whether Bitcoin can stabilize at $100,000, and there are widespread concerns about a sudden pullback. This is one of the reasons why the altcoin rally is not strong enough. However, there is still potential for Bitcoin to reach higher price levels, but theoretically, stabilizing at $100,000 will still take time.
Here, I remind all investors that risk awareness is essential. Referring to the bull market in 2021, the current market sentiment is strikingly similar to that year. Of course, there is a possibility for Bitcoin to continue rising, but any trade should set a stop-loss point.
Fundamental analysis:
The incoming Trump administration has released some positive signals, which is one of the reasons for BTC's continued strength and the ETF's frantic buying recently. However, it is worth noting that Trump's cryptocurrency advisory committee is not a national institution, but a privately formed team, representing only Trump and his family.
At the same time, the Federal Reserve's stance remains unchanged, and there is still a possibility of not cutting interest rates. Next month's non-farm payroll data will determine the Fed's next monetary policy direction, which is a potential bearish factor.
Trading strategy suggestions:
Market sentiment has reached an extremely greedy state, the first occurrence since the bull market of 2021. Being in an extremely greedy state for eleven consecutive days means that risks are increasing. Therefore, in terms of trading strategy, we should be more cautious.
BTC is currently in a high-level consolidation phase, while the altcoin market has provided some recovery opportunities. In particular, the Ethereum series has shown particularly strong performance. Since the U.S. stock market is closed on weekends, and ETFs cannot buy, if BTC continues to consolidate at a high level, the altcoin recovery trend is likely to continue. But please remember, risks always coexist with opportunities. While pursuing profits, do not neglect risk control.

Brothers, Cati has received rice, who is the next ambush?

After a small pullback, Cati continues to walk the third wave. After breaking above 0.6 and stabilizing, we can gradually take profits near 0.68.

This week, there are four big opportunities to enter and profit, the first wave has already started, and we are beginning to test. Hangfeng16890, let's ambush together, welcome to disturb.

First: Sports Coin CHZ, a fan of the sports sector, speculative funds will always come to chase it. Once it breaks 0.08, it will take off! You can ambush, aiming for above 38%+

Second: AR Token, not significantly affected by the weakness of Ethereum, once it breaks 20, we will see the first wave of main rising momentum take off, aiming for above 50%+

Third Token: C98, not significantly affected by Ethereum, this token has already come out of the bottom, the market is testing, there are currently 6 whales buying in, you can ambush, aiming for above 35%+.

Fourth Token: POLYX, a standout in the RWA sector, has risen and then experienced a pullback and consolidation. You can chase the order to enter, still two waves to go, aiming for above 0.5+
Hangfeng16890, let's ambush the big tokens together.

The main uptrend of cati has started. Clear the positions near 0.68 to take profits

Laohuo has been bullish for two consecutive days on 11.11 and 12. During this period, the monitoring software detected whales hoarding stocks. hanfeng16890

Anyone followed it.

Eternal Fire November 17 data analysis and short-term market forecast summary

Market sentiment analysis hanfeng16890

• Today's data: The cryptocurrency panic and greed index reported 90, and the market sentiment continued to rise, maintaining extreme greed for a week, which was the same as the highest point on March 5 this year.

• Indicator interpretation: Market sentiment is an important indicator for bottom-fishing and top-fleeing. Consider bottom-fishing when the market is extremely fearful (emotion value within 20); consider top-fleeing when the market is extremely greedy (emotion value 90).

Market analysis

• BTC market: sideways at high levels, altcoins make up for the rise.

• Capital inflow: Bitcoin high-level profit funds flow into the altcoin market.

• Outstanding performance: sol and SOL chain ecology (BONK, RAY rose by more than 20%), bankrupt coins (LUNA, LUNC make up for the rise).

• Daily trend: Bitcoin consolidated at a high level, and no obvious peak signal was seen. The bottom support level is 85,000 points, and the top pressure level is 93,000 points. The price diverges from the trading volume, and the high position is low.

• Market limit: The market limit is expected to be in the range of 98,000-100,000, or it may not be reached.

Fundamental analysis

• Good news realization: The good news brought by Trump's deal has been fully realized, and the Bitcoin ETF bulls are weak, with net outflows on Thursday and Friday.

• Market trends: There is no obvious market-smashing behavior in the currency circle and the main ETF, and the market is sideways at a high level. The fundamentals appear bad or the trend shows a rapid decline in the big negative line, which is easy to cause market panic.

• Trading strategy: Rational traders are unlikely to enter the market at the current price, and are more likely to choose to enter the market after the market retreats.

Operation suggestions

• BTC space is limited: 93,000 and 95,000 are important pressure levels.

• Escape the top of the altcoin: Refer to the BTC price, take profits in batches at 93,000 and 95,000, and keep the bottom position to prevent missing out.

【Will Bitcoin fall back to around 8.8 tomorrow? Wait and see--what should we buy in the medium term?

November 17

Brothers,

Tomorrow is Monday, be careful. hanfeng16890
Wall Street is going to work. Currently, Bitcoin is trading sideways near the high of 90,500, and the pullback is weaker and weaker.

Next week, Bitcoin is expected to return to around 88,000 to re-accumulate strength, and then rush to 92,000.

If it breaks through 8.8w, it is not ruled out that it will touch the Bitcoin support level of 87,500.

The fluctuation range of Bitcoin is 3500-2500 points.

Returning to the position near 8.8w is the best time to sell high and buy low. The best time to cover the strong position. hanfeng16890.

If you want to buy, buy the strongest copy, corresponding to the Bitcoin price of wif and pepe, doge, punt.

In addition, Ether has stepped back twice. Currently, Ether has rebounded to around 3140. If it cannot reach 3225, Ether will return to 3000, 2980, and 2750 to form a bottom.

Sol broke out today at the weekend. The news of this wave is good. It is close to the strong pressure level below 250 (still 17 points away). If it cannot stand firm, it will go through the door and fall back to around 195.

[Eternal Fire November 16 Market Data Analysis]
hanheng16890
I. Market Trading Overview
• BlackRock IBIT's trading volume reached US$2.4 billion yesterday, with active buy orders accounting for 43% and active sell orders accounting for 39%.
• Fidelity FBTC had a net outflow of US$176.1 million yesterday, and AKRB had a net outflow of US$100 million. However, BlackRock IBIT data has not been released, and the overall data is incomplete.
II. Rumors of changes in SEC chairman
• FOX Business reporter Eleanor Terrett said that SEC Chairman Gary Gensler may leave after Thanksgiving.
• Gensler is regarded as a cryptocurrency short, and his departure is good for cryptocurrency. If the new chairman is close to the crypto industry, it will be beneficial to the project.
• The old public chains such as XRP and ADA that have been investigated recently have risen significantly.
III. BTC market analysis
• BTC is currently in a range-bound market, with a bottom support of 85,000 points and a top of 93,000 points. It is expected to fluctuate within the 8,000-point range for a period of time.
• ETF funds are flowing out, and the buyer's long energy is insufficient. The limit of this round of Bitcoin market is expected to be between 98,000 and 102,000 points.
• The current market is in the tail stage, and the time cycle is expected to be about one month.
IV. Investment suggestions for altcoins
• If BTC can go out of the range and consolidate the market at a high level, the profit-taking will flow into the altcoin market, and the altcoin will make up for the rise.
• It is recommended to buy altcoins on dips and avoid chasing highs. The altcoin market is fragile, and altcoins are prone to plummet when BTC pulls back.
• Investors who hold altcoins that enter the market at a low level can refer to the BTC price to exit the market in batches to stop profit.
V. Market sentiment and risk warning
• Bitcoin ETF has a net outflow, and the fundamental benefits are basically realized.
• Investors should pay attention to market sentiment indicators. Market sentiment above 80 is crazy, and above 90 is extremely crazy. At this time, you should consider leaving the market.
• Buy when no one cares, and sell when life is boiling. When the market is extremely crazy, it is time for investors to leave.
6. Ethereum market
• The price of Ethereum fell back to around 3014 last night, and the opportunity for catch-up may be next week and the week after next.
• If Ethereum fails to catch up, the room for future rise will be limited. If the price of Bitcoin continues to rise and Ethereum fails to keep up, it may have to wait until next year.

【Don't be fooled by the market】
November 16
Briefly talk about the trend of Ethereum. Last night, the big cake fluctuated sharply at a high level, and Ethereum fell back to around 3013. This is a hard fall, with very obvious clearing of leverage and accumulation of funds.

In the second half of the month, Ethereum will make up for the rise sharply. You can get on the train at the three positions where Ethereum will fall hard, 3020, 2980, and 2870.

You can arrange low-multiple long orders nearby. From the top, Ethereum will break 3500, 3850, and 4000+ in the next 15 days.

The current market is still in a very early stage, and a large amount of funds are ready to enter.

MEME's outbreak is just beginning to attract traffic, and it is estimated that there will be a myth of 100-fold and 1,000-fold coins.

Hold on to the tokens in your hands, and don't let the market's wealth creation disturb your mentality.

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