November 12 Market Review and Analysis

Highlights Review:

Today's Focus

Currently, BTC is expected to reach 90,000 points, with risks gradually increasing. From a technical perspective, BTC's trend is relatively difficult to grasp, so it is temporarily not a focus, while ETH still meets technical expectations. The support from the previously identified range of 2300-2400 has led ETH to successfully reach the first target range of 2600-2660 and the second target range of 3000-3200.

Last week's pullback after breaking 2800 may trigger a stronger upward movement, and we have now seen ETH rise to 3400 points, close to the target range.

My personal opinion on this week's market is to help defend the main points, and you must avoid chasing high due to FOMO emotions; it’s important to avoid greed. #BTC金LTC银

Today's Focus:

ETH today has broken through the highest point of 3400 points, very close to the target of 3500 points, making the pursuit of tail profits less meaningful.

The current focus of operations is on avoiding potential risks. Pay attention to the support level at 3150 points, with key support at around 3050 points. #牛回速归，晒晒你的持仓？ #DOGE看涨情绪飙升 #BTC连续破新高，你看到多少？ #币安将上市ACT、PNUT

I am long and bearish; if you currently don’t know how to position yourself, feel free to reach out to me for a discussion!