Last night, the pancake linkage caused the US stock market to rise sharply, continuing to pull back to around the high point of 89200, quickly falling back. Although short-term market sentiment has somewhat recovered, the entry of market funds is still relatively cautious, and the selling of short-term bottom-fishing funds has hindered the rebound, which is normal. I predicted yesterday that there would be a return to test before starting a large-scale rebound, but the good news is that the low points on the four-hour chart are getting higher. Currently, the pullback area has also risen to the range of 94500-95500. In the past two days, there have been continuous good news, as the Federal Reserve's mouthpiece revealed that Powell will cut interest rates in December. There is a chance that the market will break through 90000 in the next few days, and the oscillation range will continue to move up. However, the bigger test will still be during Thanksgiving when the US stock market is closed, relying solely on market trends to guide the situation. But as it stands now, the market's willingness to pull up is weak, so the second exploration is likely to occur during the time when the US stock market is halted for Thanksgiving, with the market returning for another pullback, and then combined with good news to continue the upward trend. So I still remind everyone to be cautious about chasing highs and wait for opportunities to emerge.
Ether has undergone an independent market trend, with the high point breaking through to 2985 before the market began to pull back. The main reason is also that the funds' buying support is insufficient; when the volume decreases, the market quickly retreats. There is still a chance to break through 3000 in the short term, but pay attention to the strength of the pullback before considering finding an opportunity to build a position.
GIGGLE, we got in yesterday and gained about 30% profit at the peak. Currently, there is still a 10% profit. In the short term, GIGGLE has outperformed many altcoins. Continue to hold for a significant result.
Those who got in yesterday also gained 5% profit today. Aster is a good pick whether for short-term or medium to long-term; just keep holding.
SKY belongs to the token replacement sector, which, historically, has had a decent rally. However, the Q4 market is indeed challenging. Compared to many altcoins, SKY is still relatively good; around the 0.043 position, you can build positions in batches.
