The market reversal is about to come, how to layout next week?
November belongs to the sharp drop market, with serious losses from bottom fishing. The drop is about 30%, and it stopped at 80,000 on Friday, rebounding for two consecutive days over the weekend without breaking new lows.
According to normal logic, a rebound of 10 points after a drop of more than 30% is a normal phenomenon. Looking at the hourly chart, the MACD is in a golden cross state, and the KDJ moving averages above are still adjusting and have not fully broken through. Currently, the 3-day line has clearly closed down 6,000 points, and the monthly line has also stabilized at the middle track of the moving average. If next week it pulls back to 81,000-83,000 and rebounds, one can take the opportunity to go long; pay attention to the changes in the weekly closing needle, with a stop loss at 80,000, looking up to 92,000. Even if there is a drop in December, there will still be a wave of rebound to induce buying; whether it is a structural bottom depends on the performance next week and in early December. Currently, the issue of capturing a rebound of 5,000-10,000 points is not significant.
Positions can be gradually entered, leaving room for maneuvering. #比特币波动性
Newbies die from holding onto positions, while experts die from bottom fishing. The current list of quality analysts who have died from bottom fishing during this wave of decline in Bitcoin: 1: Aoying Capital, started bottom fishing at 91500, losses reached 16.5 million 2: K Line Master, started bottom fishing at Ethereum 4221, combined with altcoins currently losing 12 to 15 million 3: Dentist, lost 2.6 million from bottom fishing Bitcoin 4: Principal, started bottom fishing at 92000, with two accounts losing over 2 million
From their usual trading performance, they do have skills, but under such obvious declines in moving averages, they completely abandoned their trading strategies. With financial backing, emotions overcame rationality, leading to bottom fishing. The market has always been a merciless killing machine; one must maintain a clear mind, adhere to their own understanding, and strictly execute trading strategies to survive in the trading market.
The three giants of privacy are still at the bottom with zen, similarly with an issuance of over ten million, how are you still below twenty in price? Give me a boost.
Q4 is about to end, is the promised bull market still there?
After experiencing 1011, there is panic in the market, with Bitcoin and Ethereum continuously breaking through multiple support levels, and leveraged big players are clearing out. Bear market sentiment is spreading, and the market is in a state of panic. We all know that the precursor to a bear market is when the market reaches the peak of a bull market, mainstream altcoins are soaring, bullish sentiment is at an unprecedented high, and funds in the market are exceptionally active. Currently, it seems that these conditions are not yet met, so what is the intention behind the rapid harvesting?
Historically, every bull market is preceded by a significant drop in the months leading up to it, followed by a gradual awakening of the bull market in the next two to three months, with a spectacular rally from the bottom to the peak completed in two months. Indicators of a bull market include: 1: Panic sentiment in the market has reached a freezing point, with retail investors suffering losses and exiting; 2: Various big players actively engage in social media to publish positive news; 3: Major institutions in big countries will continuously release financial reports and large fund activities; 4: Bitcoin and Ethereum keep falling in search of a bottom structure, while altcoins have dropped to the limit, entering a sideways consolidation state, and new coins are frequently listed. Let's see if all these conditions are met. Upon closer observation, it seems that everything is slowly unfolding.
Trading is not a short-term battle; it is a marathon, a carefully planned layout. Only by dancing with the big players can you share the cake, and the premise of enjoying the cake is that you still have chips to get to the table. #美国结束政府停摆
The world of the big shots is really hard to understand, all 13 long positions have been trapped, and the account funds are at least tens of millions. With so much money, one should enjoy life. Family, do you think the bull market will wait for him?
The market is currently extremely dangerous and is at a critical moment for bulls and bears. From the candlestick chart, both the upper and lower moving averages are showing death crosses, and each breakout has fallen back. The key point of 4250 remains out of reach, with a clear downward trend. From a pattern perspective, the closing needle at 3670 is significant. This position is also a defensive point for the bulls, and we should see a resolution next week. Since this is the time for weekly and monthly transitions, the market is expected to be stretched to the extreme around 4900, with the best short position at 3950-4020. A stop loss at 4080 is sufficient. The long position should be at 3750, with a stop loss at 3650. Currently, a change in the market could happen at any time, and both bulls and bears should be cautious and ensure to manage their stop losses carefully, #加密市场观察 .
ZEC big zero coin has pulled ten times in a month, can the rise be delayed?
The privacy sector shone brightly in October, as the exit of the privacy leader Monero allowed big zero coin to undoubtedly become the leader of privacy coins. Since being tagged for observation in the first half of the year, combined with the U.S. government's regulation of privacy, ZEC once faced a delisting crisis. The turning point came in August when, in just three months, it rose from over thirty dollars to nearly four hundred dollars, and the heat of privacy was highly regarded.
In November, ZEC continued to receive good news, with the halving on the 18th and the canopy network upgrade, plus a big shot calling for one thousand dollars, many retail investors flocked in. However, I think this is currently the most dangerous time, as continuous good news must be watched for changes. Often, this is when retail investors are the most frenzied, and the market buys when no one is paying attention and sells when it is bustling. Gradually shorting near 400, with a stop loss at 410, ten points of stop loss space to seek 100 points of profit, with clear advantages. #
Following the last liquidation of over ten million dollars, my friend has been liquidated again for 13.8 million dollars. They are already on the brink of bankruptcy.
The Federal Reserve's recent moves are really skillful; despite continuously lowering interest rates, why is the cryptocurrency market still in a downward trend? Clearly, only a tenth of the funds needed for gold and US stocks could send the crypto market to the moon, so why is there still no action? Either one perishes in silence or erupts in silence; history is always remarkably similar, and I feel the market is holding back a big move. #美联储降息
Tonight's showdown arrives, will the Federal Reserve interest rate meeting lead to a crash or a surge?
At 2 AM tonight, the Federal Reserve will announce its interest rate decision, followed by a speech from Powell. The market could be quite extreme, so everyone should be prepared for risk control. First of all, the market has experienced a panic sentiment spreading since the black swan on 1011, with Bitcoin dropping to a low of 102000 before rebounding, and then experiencing a second drop to a low of 103500 before starting a rally. From a technical perspective, a deep V structure has formed, and whether the trend can continue depends on tonight's data.
One point worth noting is that since 1011, Bitcoin has been rising, while gold and U.S. stocks have also been in an uptrend. Currently, gold is in a sideways state. Will funds overflow into the crypto market to exchange for Bitcoin and continue the rally? I think the probability is quite high, after all, the crypto market is currently small and highly controllable.
Trading suggestion: Buy Bitcoin at 112500-113000, take profit at 117000, stop loss at 111500. #中美贸易谈判
The prophecy of cz release states that gold will ultimately be replaced by Bitcoin. Gold, as a globally accepted currency, has a market value close to 30 trillion, having continuously risen for two years, breaking historical highs. Currently, the entire cryptocurrency market has a market value of only 3 trillion. If Bitcoin replaces gold, there is at least ten times the potential space, which means a price of one million dollars per coin. Do you think a Bitcoin worth one million dollars is possible? #现货黄金创历史新高
Gold has reached new highs amid rising risk aversion. Once gold pulls back, where will the funds go? The cryptocurrency market is the first choice; it is the new gathering place for wealth. With this wave of altcoin leverage emptied from the bulls, there are low-priced chips everywhere, making it the best time to get in. Historically, after several events of clearing leverage and sharp declines, a wave of market surges has followed. Wealth is always a reward for the brave and a distance for the cowardly. #现货黄金创历史新高
Is the cryptocurrency market crashing? Is the bear market really coming? How should we respond to the future?
This week, the cryptocurrency market experienced an epic collapse, but the rise of gold in the US stock market is astonishing, leaving many people perplexed. The sentiment of the bear market is spreading, and the market panic index has reached 28, which is not far from the historical panic index high of 30. Currently, we just need to wait for the capital outflow from gold, which currently has a market value of 30 trillion, while the cryptocurrency market is only one-tenth of that, with a hopeful future.
We are still in a phase of a downward double test, with Bitcoin's lowest price stopping at 103500 USD and rebounding. This week's decline is basically over, with the main battle being next week. If it breaks below 102000, the next level will be at 98000. If 102000 does not break, we will use 103500 as a reversal low point to test the oscillation bottoming bullish structure.
Operation suggestion: Buy Bitcoin at 104000-105000, stop loss at 103000, take profit at 107500, 109500.