When Bitcoin breaks, the altcoins will collapse

In the cryptocurrency market, there are two common misconceptions: one is that Bitcoin is still sucking blood from altcoins; the other is that altcoins will pull the market together.
However, these two views are not correct.

For the first misconception, the current BTC rises while altcoins do not rise, and the market sentiment is not high. Judging from the two waves of market conditions in 2023, Bitcoin and altcoins are usually in resonance with the same frequency. Here, altcoins are not not rising, but waiting for Bitcoin to break through, such as breaking through 68,000 and the new high. When the certainty after the breakthrough is stronger, altcoins will quickly follow up.

For the second misconception, the market situation in which altcoins on the entire screen are pulling the market at the same time may not reappear. Now it is more likely to be a sector rotation, which will last longer overall and have a higher success rate. In this market, old leeks may be more adaptable, because holding coins will have a chance to rise sooner or later, but it is not friendly to novices, and chasing ups and downs may still lose money.

So don't chase altcoins in the near future for the following reasons:
When Bitcoin was trading sideways at 67,000 and 68,000, altcoins continued to fall. According to the data, the net selling of altcoins was large and the selling range was greater than that of BTC, which was suspected to be a continuous delivery.
1: If Bitcoin starts a new round of main rising wave, it is likely that Bitcoin will absorb blood and rise, and altcoins will not rise much as mentioned above.
2: If Bitcoin is not stable and falls back with Russell 2000, altcoins will probably bleed into a river.
3: The next operation strategy:
3.1: If you are more aggressive, you can consider selling altcoins and buying Bitcoin.
3.2: If you are more conservative, you can consider selling altcoins and waiting for Bitcoin to fall back, and then buy altcoins with better elasticity, such as PEPE, WIF and other targets.
In any case, it is best not to blindly chase altcoins in the near future.
It should be emphasized that this article is for reference only and does not represent investment advice. The cryptocurrency market is highly risky and uncertain, so investment should be made with caution.

BTC Market Review:
Last night Anxin mentioned that 85888 serves as a base, looking up to 90400. In reality, it rose from 85785 to 89920.
Just a few minutes after posting, at 21:30, the 15-minute line closed at 85785, and it again tested this position after 24:00.
During the two tests of this fluctuating range, there was a continuous influx of bulls; the large number of bulls entering led to the liquidation intensity at 85764 constantly increasing, from 78 million at 24:00 to 99.81 million at 03:00.
At this point, it gradually reached a high point of 89920,
and the liquidation at the position of 90214 increased from 90.7 million to 122 million.
With just 300 points away from reaching a strong liquidation position, one can't help but question. Is this another trap to induce short selling?
This behavior formed a double top at the second high point, contributing to a bearish sentiment.
Here, if you want to operate during the day, you can short on rallies.
Be mindful of risk control with a 1% stop loss; don't lose perspective!

BTC：
The big pie directly spiked to 85500 in the evening, exploding 92.31 million, and this morning Anxin speculated that there would be a spike first and then a bait for shorts, but the result was a bait for longs first and then a spike.
Many people may wonder, what difference does this order make?
Of course, the most straightforward and simple difference is that if there is a spike first and then a bait for longs, it can lead to more accumulation of short positions and build up greater short strength, and it is also in a safer position above the six-hour line closing price.
This can mobilize a significant market sentiment, making it more favorable for the big pie to break through and retrace. Now this operation combined with the current trend is more beneficial for the shorts.
Currently at 90214, there is a liquidation intensity of 90.7079 million, and at 90669 there is a liquidation intensity of 87.1129 million.
Of course, this does not exclude the possibility of market makers being involved.
So will our next thought process be very simple? Taking 85888 as the base point, support this position and look for a long position up to 90400. If it breaks down, this trend ends, and we look directly at 80000.

The trend of this coin $SEI is very similar to bome, both are moving beautifully.
It is currently at a critical position, current price 0.499, once it breaks through, the future is limitless, soaring to the sky. The predicted timeline is relatively long, expecting to increase 2-3 times in three to five months.
Operation suggestion: Spot trading can enter the market in portions, laying down one hand. Contract trading should control the risk yourself!

$BOME has seen the story, brothers. Their behavior is short and ferocious, and after being trapped and beaten, they indiscriminately attack related posts in the square.

Regarding the post made by the blogger on October 31st about the wealth password 'bome',
there was a drawing of bome in the post that showed a downward trend, followed by a sharp rise, indicating to diversify entry.
At the time of the post, a wave of resentment was felt in the comments section.
Today, a retrospective post confirms the blogger's perfect validation of the subsequent trend of bome.
Today, I felt the manifested malice of the square's losers and haters.
They are not buying bome because of the blogger's post; they are just a group that has suffered from bome's beating. They are venting their ignorance and incompetence freely in the square. I believe there are more than one blogger in the square who has experienced this kind of emotion.
Let me say this: with their current state unchanged, do they still want to turn things around?
I also wish them to find a suitable way to achieve financial freedom soon!
Of course, the malicious attacks the blogger suffers without cause will be retaliated against.
#BOME🔥🔥🔥

$JASMY Last night also welcomed a pullback, are there any brothers who got on board during the pullback? Give a magical price point for the brothers to observe😁.
Yesterday, spot could be entered at market price,

It's not too late to enter spot now. Current price 0.023

This Binance coin looks 3-5 times! Spot trading, haha. I'm afraid you can't hold on to the contract

$BOME
I repeatedly emphasized at the time, hold on, hold on, but you just wouldn't listen.
When I told you to diversify your positions, you went all in,
When I told you to hold, you ran away.
It's not that you want to make a quick profit, you want to eat up an entire exchange to feel satisfied.
Every day you're thinking about day trading 🙄, take a loss and you sigh 🙄.

Official Like Post $JASMY

$JASMY
Introduction:
Jasmy is an IoT platform that can securely and effectively manage the data sent from IoT devices. Jasmy provides client companies across various business fields with the development environment needed to implement IoT services, allowing client companies to analyze and utilize the data from IoT measurements, thereby contributing to the creation of new value-added services. JASMY is its native functional token used as the payment currency within the data platform.
Market Cap: $1.102 billion
Circulation: 50 billion Circulation Rate: 97.8%
Current Price: $0.0224, there will be a pullback later, and the pullback is a good opportunity to enter
Operational Advice: Bullish, buy at current spot price, wait for a slight pullback for contracts.

$BCH
The last password given last night has now increased by 15%.
Those who followed along are reaping the rewards, I said once it breaks through, there’s nothing to fear,
If you really lack confidence, feel free to ask me, hesitating only leads to defeat?
Everyone in the comments said it’s a guaranteed win.

SUI
Brothers who placed orders have all made a big profit, mentioned on November 7th that new highs should be watched
Click to follow, further updates will be pushed out.

SPELL Violence Pulling Up 40% in 37 Minutes!

$BCH
Continuous increase in volume, the 15-minute line has already formed a golden cross, and an upward trend has emerged.
Now breaking 379 shows a clear upward trend,
the next target is 393, breaking 393 will lead to a direct surge.
The target direction has been stated, stop loss settings depend on your leverage tolerance.
Trading suggestion: go long at the current price

TON Series General Increase
The rebound strength of DOGS is slowing down, short it!!!
Recommended entry positions: Current price 0.000612, 0.000615, 0.000620

$BAKE
BSC Sector
Project Introduction: BakerySwap claims to be the next iteration of Uniswap. But Uniswap is faster and cheaper. In addition to all of the above, liquidity providers will also receive BAKE token rewards, from which they can earn a portion of the BakerySwap transaction fees and can be used as part of BakerySwap governance for voting.
Market Capitalization: 71.05 million USD
Circulation: 100%
Operation Suggestion: Bullish, enter on a pullback above 0.2400-0.2420, wait and see if it breaks down

Late Night Analysis: BTC/SOL/ETH

BTC:
The Bitcoin candlestick shows that its amplitude is gradually narrowing, indicating that the market is about to face a turning point, and a direction needs to be chosen. There may be a significant rise or fall ahead.
From the perspective of a rise, there is a potential increase of 15%. If it rises to 80,000, which is another 5% increase, the total increase could reach 20%. However, currently, apart from BlackRock continuously buying, there are very few other investors purchasing Bitcoin at this price level. The liquidity of two peaks in short positions has decreased, and there is currently not enough momentum to push the price up to 80,000, and there is a lack of positive expectations going forward.
From the perspective of a decline, it is subjectively difficult to judge how far it will drop. Everyone realizes that a bull market is about to arrive; if the price suddenly spikes, many people will miss out. Will it drop back to 70,000 or even lower to allow investors to enter? It is hard to determine whether it is bullish or bearish.

SOL:
The Solana candlestick presents a shape that is expanding significantly upward like a trumpet, seemingly on the way to 220, 230, and 250 prices. Its upward momentum is very strong; last night the price was still 185, and today it has reached 204. Many bloggers predict that the price will reach 250, 300, or even surpass Ethereum in a bull market. Is this expectation overly optimistic? The market will quickly absorb emotions and then give signals, leading to traps for inexperienced investors, which is unfavorable for the overall environment and could even be fatal for low-quality projects on the Solana chain.

ETH:
Ethereum has been rising recently, with good news continuously emerging, proclaiming that its price will surge to 3500, 4000. This atmosphere of hype makes me a bit uneasy. I actually miss the times when it was at 2400, 2500, when it was criticized as garbage and no one was bullish on it. The general pessimism towards it at that time made me feel more assured about Ethereum.

Spot Strongly Recommended!：$ID
Project Introduction: SPACE ID is a decentralized domain service protocol created on the BSC (Binance) chain. It aims to build a universal naming service network that seamlessly connects people, information, assets, and applications across blockchains. It also allows users to bind their identities across multiple chains, and communities can build their own domain services through the SPACEID network.

Market Value: 119 million USD No.278

Circulation: 286 million Circulation Rate: 14.3%

24-hour Trading Volume: 156 million Turnover Rate 54.62%

💥In 13 days, there will be a release of 7.7 million USD, but strong庄币 unlocking means a price surge!💥

Operation Advice: Spot ambush, this is seriously not recommended for contract ambush, funding rates are too high, contract users can't bear it! Listen to the advice and eat your fill!

KAS
Current price 0.112 buy long, quarter position.
Leverage should not be too high, if it breaks 0.125 then add half position