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Another day witnessing history, the new high has been broken several times in a row, it's just too crazy. BTC hit a new high of 79959.5, just a step away from 80000, while ETH steadily climbed above 3200. The market is full of expectations for Trump! The bull market is really coming! There is a lot of room for operation! This round of fren layout by Yibo can break even. Frankly, bearish traders are in a tough spot. They can't go short, and every time they try to, there is some hope but then they are pumped up again. Their orders are trapped at the foot of the mountain, and could be fatally hit by the dealer at any time, then pumped up again to break the position, get liquidated, and drop to zero at any time!
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The root cause, aside from the technical aspect, is greed. This is human nature. People always want to obtain high chips at high levels and assume that the pump is high enough and won't pump anymore, but will instead experience a big dump! Should they sell all at once? Or gradually reduce holdings? Or continue to wait? It's a moment that completely tests human nature! However, Yibo believes that one must never go against the trend! If you don't go against the general direction of the Bull Market that occurs once every four years, do you think you can make money?
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One view of the market for next week, currently BTC has reached a new all-time high, Ether has also entered a crazy uptrend phase, the overall trend is upward. In the past few days, BTC broke through all the previous resistance levels with a big bullish candlestick, which also means that there are no more resistance levels ahead, and the market ahead will only become more crazy. Ether also broke out of a range since August, the next target level can be seen near the resistance level around 3500, so the market ahead is still looking at the continuation of long positions.
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At this moment of speculating new coins, in fact, many high-quality old coins have narratives and themes. Whale institutions are waiting for a pump during Accumulation. Some coin holders who have been tied up for many years will soon breakeven, while some coin holders who have been trapped for many years will suffer the fate of drop to zero due to the delisting of certain coins. In terms of operation, it is necessary to adjust the layout according to the current market conditions, and the position also needs continuous improvement!
#万圣节倒计时:抓紧最后机会,享$60,000惊爆福利 #ETH上涨突破$3,000,接下来走势如何? #你目前持仓量最大的meme币是?