Bitcoin still maintains a narrow range of fluctuations, pulling back to around 92k last night, and so far it is still in line with "Bitcoin first in narrow fluctuations then in wide fluctuations" trend.

Once Bitcoin finishes its adjustment and starts to truly break through 100k, it will also mark the acceleration phase of this bull market. This is the most FOMO phase, when new investors rush in. At this time, Bitcoin is unlikely to break 100k, and the reason is that 100k needs to be kept to attract new investors.

Altcoins have not been idle either; during this period of Bitcoin's fluctuations, they have all performed in their own ways.

After the MEME sector ends, the rotation goes to the major old coins, followed by the metaverse and some DeFi projects, with stories of tripling in ten days being commonplace. The rotation of old coins is not over yet; those old-timers who have endured for years need to cash out.

Old coins are just the appetizer for this wave of altcoin season; the real protagonists of the altcoin season are quietly raising the water level. The crazy performances of altcoins in every bull market occur during Bitcoin's acceleration phase.
#BTC☀ $BTC

BTC rose slightly yesterday, slightly exceeding expectations. The 4-hour level repair was good. A slight correction is expected during the day. Pay attention to the support of 89,000-90,000. After the repair is completed, it is expected to continue to rise. It is expected to break through a new high in the near future. The daily level remains healthy, and the upward trend has not changed. Keep confidence. There will be multiple positive factors such as interest rate cuts and FTX funds. Stay optimistic. The bull market will start in the mid-term.

ETH rose synchronously with BTC. Currently, liquidity is concentrated on BTC. The support situation of 3,000 during the day is relatively healthy. The correction is conducive to a better rise in the future. It is expected to continue to consolidate during the day. The repair market

The cottage sector rose synchronously with BTC. SATS continued to hold. It rose to about 50 and cleared the position. The mid-term holding can be seen to about 80. PEOPLE has a slight rise and can be exchanged. Those who are still confident can continue to hold. The PEOPLE election stage has not started. Many people have already got off the bus. The subsequent rise The expectation still exists. CKB will continue to hold after reducing its holdings and wait for the ecological outbreak. FTM will remain held and FB will remain unchanged for the time being, waiting for the ecological recovery.

New Shanzhai recommends paying attention to ACT. The community construction is very good. The new track and new sector, AIMEME series, is expected to become the leader. At present, GOAT has not yet reached the market value of 1 billion. ACT is expected to become the new leader and is expected to reach a market value of more than 1B. Keep up with the construction of the collection.

Fundamental news: None

Primary market information:

RGB++ continues to pay attention, and the recent heat is not very good

The rune market has recovered. Friends who have bought DOG before are recommended to hold it for the long term

The recent on-chain MEME sector is still hot and needs to be continuously paid attention to

Intraday mainstream currency support and resistance:

Today's intraday market, BTC's lower support is 89000-90000, and the upper resistance is 915000-92000. ETH's lower support is 2950-3000, and the upper resistance is 3150-3200 #BTC☀ #ETH🔥🔥🔥🔥 $BTC $ETH

November 11th Market Analysis

Over the weekend, BTC continued to rise, having now broken through 81,000, setting a new high. After a slight pullback yesterday, it quickly recovered, showing very strong short-term momentum, exceeding previous expectations. Recently, focus on fundamental information is advised, with the expectation of maintaining a fluctuating upward trend unchanged. Those with positions should hold. The daily chart remains healthy, and the weekly chart golden cross has formed. Hold firmly and maintain confidence; the outlook remains bullish. The second coin followed BTC's rise yesterday, continuing to catch up, having broken through 3,200. After a slight pullback yesterday, it quickly recovered again. The expectation for the day is a pullback and adjustment, with a rapid short-term rise, indicating a recovery trend. The outlook remains bullish.

Today's Highlights:

BTC: The 1-hour and 4-hour levels have entered overbought territory, and the daily level has also entered overbought territory. Expect a pullback during the day, with fluctuation upwards; expectations for the larger cycle have not weakened.
Intraday support 79,000-79,500📈
Intraday resistance 81,500-82,000📉

ETH: The 1-hour and 4-hour levels have entered overbought territory, and the daily level has also entered overbought territory.
Intraday support 3,000-3,050📈
Intraday resistance 3,250-3,280📉#BTC☀️ #ETH🔥🔥🔥🔥 $BTC
$ETH

Data shows that the cryptocurrency market sector continues to exhibit a general upward trend, with the Meme sector leading the way, reaching 22.41%; notable performers in this sector include Dogecoin (DOGE) with an increase of 30.77%, dogwithhat (WIF) and FLOKI with increases of 23.66% and 25.66%, respectively. Additionally, the current price of the ssiMeme index, which represents the historical performance of the Meme sector, is $30.45, with an increase of over 200% year-to-date, compared to BTC's excess return of 73.23% since the beginning of the year.

Furthermore, in other sectors, Layer2 and AI sectors also performed well, with increases of 7.04% and 6.84%, respectively. The RWA sector rose by 6.52%, and the Layer1 sector increased by 4.70%. #BTC☀ $BTC

Brothers! Did you get this wave of meat? #TRB暴涨收起 $TRB

BTC 80,000 dollars, the market is improving, but when everyone's trading and understanding levels are relatively similar, if you don't have enough capital, you can only compensate by increasing leverage, which amplifies both returns and risks. So brothers, for young people in any industry, capital is always the most important thing. Money is the most efficient tool for making wealth. Don't take risks for some insignificant gains and end up losing precious chips #BTC☀ $BTC

Binance market data shows that BTC has broken through $79,000, reaching a new historical high, currently priced at $79,236.7, with a 24-hour increase of 3.77%. ETH has broken through $3,100, currently priced at $3,170.94, with a 24-hour increase of 6.77%. Coinglass data shows that in the past 24 hours, the total liquidation across the network was $349 million, including $255 million in short liquidations and $93.8068 million in long liquidations. #BTC☀ $BTC

Actually, there's no need to mock outsiders for not knowing about #Bitcoin and missing the chance to get rich. They see the surge and can only exclaim, 'Oh, it's 70,000, now 75,000,' and then ask, 'Did you make money?' A round of greeting-style conversation ends there.

The real pain is for those within the circle who have wanted to buy countless times but hesitated and never got on board. They clearly see the shape of the wealth code; luxury cars and beautiful women, the chance to turn their lives around is just within reach, yet they miss it for various reasons: greed, cowardice, panic.

Thus, the surge becomes a grain of sand in their bowl, a knife in their heart, making them uncomfortable in every way, leading to each day and night spent reflecting, wondering if they missed the only opportunity of their lives, wishing they could turn back time by ten years to gamble on that day.

But in reality, such people will never have the courage, and even ten years from now, they will absolutely not turn their lives around.

The ignorance of missing out is not worth regretting; at least they can be confused but happy. The pain of clarity is the most terrifying and torturous.

Bitcoin weekly level shows signs of a top divergence!

The risks of Bitcoin now outweigh the opportunities in the current long cycle! Before the price rises, I will tell you when to buy. After the price rises, I will remind you of the risks and when to sell. It is essential to avoid only becoming bullish after a rise and bearish after a fall. What kind of actions can lead to stable profits? Anyone who can be a bit rational can understand this.

Bitcoin is still in a period of explosive growth, and although the price will likely continue to rise, it needs to make a significant increase in the short term, greatly distancing itself from the historical high point near 73700, otherwise, the risks will outweigh the opportunities. #BTC☀ $BTC

The Fed's announcement at 3 a.m. on November 8 will affect the trend of Bitcoin, so please pay attention. #BTC☀ $BTC

There is a risk of liquidation of a large number of Bitcoin long positions with high leverage.
Don’t chase high prices! There is a risk of falling prices! #BTC☀ $BTC

The meme of sol that has trapped the most people this time should be act and ban. Other memes are just a one-time wave, die once and it's over, but act and ban have died and come back to life, only to die again. In the end, the big brothers couldn't take it anymore and decided to form a community and engage in scholarly debates.

Seductive stories are the easiest to ensnare people, and the most comfortable are the storytellers themselves, but the storytellers cannot be fooled by their own stories, achieving this is quite difficult. #sol板块 $SOL

Friends in the crypto world should be cautious these days!

If Trump wins, the Bitcoin market is likely to experience a surge of unprecedented proportions, but I'm afraid everyone will know that BTC is going to rise, which may lead to retail investors recklessly going all in and ultimately getting played.

If Harris wins, Bitcoin is likely to face a sharp decline in the short term, but I'm afraid everyone will know that Bitcoin is going to drop, which may lead retail investors to recklessly short the market, and the potential trend could be to first clear out the shorts before continuing to fall.

You need to remember the following major event timelines:

November 5th, 7 PM (Tuesday) East 8 Time, the voting election will officially take place.

November 6th, 8 AM to 11 AM at the latest (Wednesday) East 8 Time, the counting results will mostly be finished, and the preliminarily confirmed winners might be reported by various media outlets.

November 8th, 3 AM East 8 Time, the Federal Reserve will announce the interest rate decision (significant rate cut?) #BTC☀ $BTC

Today's Hot Rankings

1. Ethereum researcher Justin Ðrake has resigned from the EigenLayer advisory position

2. CryptoQuant CEO: The growth of stablecoin supply is insufficient to drive the development of the Bitcoin market

3. Robinhood Crypto now supports DOGE token transfers

4. Bitfarms CEO: Trump's claim to make remaining BTC 'MADE IN THE USA' is unachievable

5. Radiant resumes the lending market on Base, urgent admin multi-signature has started running

6. Chain game Star Atlas plans to distribute $4 million in Loot rewards to active players within the next four months

7. October Web3 security incidents resulted in total losses of approximately $147 million

8. Telegram will launch 10 new mini-program features, including sending gifts and ad monetization

9. Betting amount on the U.S. election on Polymarket nears $3 billion, Trump's winning probability drops to 55.9%

10. Coinbase Bitcoin premium index currently reports -0.038%

11. The Legislative Yuan is concerned about loopholes in political donation audits, virtual currency donations may be included in regulations

12. OpenEden co-founder suspected of misconduct, leading to a decrease in its TVL by $30 million #BTC☀ $BTC

The Future Scarcity of Bitcoin
1. In 2028, approximately 1.58 bitcoins are generated every ten minutes.

2. In 2040, approximately 1.17 bitcoins are generated every hour.

3. In 2056, approximately 1.75 bitcoins are generated every day.

4. In 2068, approximately 1.53 bitcoins are generated every week.

5. In 2076, approximately 1.67 bitcoins are generated every month.

6. In 2092, approximately 1.25 bitcoins are generated every year.#BTC☀ $BTC

The condition of ETH is similar to BTC, both quickly fell back after reaching a spike. 2500 is the 4-hour support, and after hitting the support, it rebounded. Currently, it is maintaining above the 4-hour support. In the short term, as long as it does not fall below the price of 2480, the lower chart is still applicable.

The market is consolidating and digesting its existing volume. Whether it goes up or down depends on the choice made. Personally, I still lean towards an upward trend. If ETHBTC continues to drop, there will truly be no bottom, and we might even see ETH starting with 1, like #BTC☀ #ETH🔥🔥🔥🔥 $BTC $ETH .

Non-farm payrolls disappoint, next week will still be focused on election expectation trading.

Regarding non-farm payrolls, the market will likely decide to ignore them as the data is too distorted, even the Bureau of Labor Statistics has stated so. #BTC☀ $BTC

If people at the bottom want to make a comeback, the cheapest and most useful skill is to learn a foreign language well.

It takes 3-5 years to practice hard until you are close to the level of a native speaker. Because the biggest cost is time, it is most suitable for the poor.

Data shows that only about 100 million Chinese have experience of going abroad, accounting for about 8% of the total population.

It is estimated that less than 2% have been to developed countries such as Europe and the United States. Excluding short-term tourism, 1% is good.

Many international students and immigrants have been here for 5 or even 10 years, and there are many who have poor spoken English.

Perfectly mastering Chinese + a foreign language is at least the top 0.1% among Chinese.

In a field, the top 0.1% are the best of the best, and the top 0.01% are the best of the best. Already a god
China has a population of 1.4 billion, but only 100,000 people are in A9, which is 0.01%. From the perspective of wealth, people in A9 are "gods"

You are already a "dragon and phoenix among men" in this foreign language field

In addition to having internal skills, how high the ceiling is depends on the external environment

China is now in the leading position of the world economy/foreign trade. Now with the Belt and Road Initiative and the domestic economy in a downturn, a large number of domestic bosses are going overseas in groups

Finding your own place in the tide of the times, counterattack is a simple matter

Each skill is a leverage tool. As long as you have some ability, plus this leverage, you can magnify your ability many times

If you have many skills, you have many levers, and the levers can also magnify each other. If you can still be in an environment of "following the general trend", it is natural to soar to 90,000 miles

Most of the time, it's not that you can't do it, but that the environment around you is not good

Most of the time, it's not that you are awesome, but that the industry you choose is awesome

When you encounter a problem, don't think about solving it, it's best to bypass the problem#BTC☀ $BTC

Bitcoin's trading situation across exchanges in the past 12 hours:

In summary: Everyone is selling, the supply in the spot market is relatively firm and obvious, but in the futures market, CME has been selling throughout, while Binance and OKX have seen a noticeable reduction in supply after the US stock market closed, and a small buying force has begun to appear for bottom-fishing. #BTC☀ $BTC