On the 19th, Bitcoin hit a new all-time high, reaching a maximum of $93,844, up more than 3% in 24 hours.
Over the past ten days, Bitcoin has been oscillating sideways, and just looking at Bitcoin's K-line trend, it is still very difficult to see a significant downward trend.
Two possible forecasts:
1. Before November 28, it may surge to a new high of $95,850, and then start to retreat. If it hits a new high before November 28, Altcoins will also surge upwards, so be aware of reducing positions.
2. Correction before November 30, correcting to below $86,000, which is a more likely position. If it retreats to this position, it can be seen as an opportunity to buy the dips on Altcoins in the short term.
In my opinion, it is difficult for it to fall very low, because from the situation of the increase in stablecoins, and the regulatory environment after Trump took office, the overall fundamentals and real market sentiment, it is difficult for it to fall too much.
So in the short term, a retreat of a few thousand points, layout; touch new highs in the short term, break new highs, reduce positions, and then keep the bottom position.
Of course, if you are more averse to short-term trading, you can consider reducing positions and waiting for the next best layout point.
I tend to think that it will hit a new high in the next ten days, and after an explosive (needle-like) surge, then go through a correction, in order to deal with some news in December. From the liquidation map, the possibility of a sharp short-term decline is also not high, as I have not seen a particularly large short position layout by the whales.
The recent trends of MEME and Altcoins have been two extremes, with MEME generally showing an explosive upward trend, and the Altcoins of the US showing an explosive upward trend, with RWA performing strongly, while most other Altcoins are relatively sluggish, which also verifies the views in the previous article.
Bitcoin, SOL, RWA, MEME, these four are the relatively focused sectors of the new round of the US. The first one doesn't need much explanation, and in the short term, you can consider taking profits, or you can also consider continuing to hold.
Let's look at the latter three. SOL has surged to $240, breaking through all resistance levels, mainly due to the impact of election news and the explosive growth of MEME, but this position is not a buy-in point, it should be a point to take profits in batches.
The same view on MEME, we have to acknowledge the explosive momentum of MEME, which is currently the most crazy sector. In my opinion: for these two sectors, you can consider taking profits and reducing positions, play it safe, and keep the bottom for SOL.
In the past few days, I've seen a lot of comments related to MEME, asking if they can chase the current price of certain MEME? I won't recommend anyone to buy any MEME with a large position at any time, because most people can't handle it, they will buy but can't sell, and in the end they will get trapped, and many MEME may be trapped forever.
The more you experience, the more you will see the ugliness of human nature. It doesn't matter how much you make, but once you suffer a big loss, you will become a sinner.
Previously, I would suggest that everyone pay more attention to the SOL sector and MEME, and I myself also have layouts, and have also sold in batches, and have also sold out. But now, whether or not you make money, you should not focus on it anymore, because the end of FOMO is to be harvested.
The end of finance is the secondary distribution of capital, the essence of which is to turn your money into someone else's, and turn someone else's money into yours.
How can we do it? How to prevent ourselves from becoming the first kind of person and become the second kind of person?
It's simple: want to layout before others, want to layout before others, hold on to the downturn, and then continue to sell during the uptrend, waiting for the next opportunity.
So, rather than making a mistake, please don't chase the rally with a large position, if it's just a reasonable position to try your luck, then it doesn't matter.
As for RWA, it is a relatively reasonable upward trend, and currently the potential seems to be greater than the risk, so you can consider a long-term hold.
Compared to MEME and other Altcoins, this sector has three advantages: one is the focus of the US, one is the actual application, and one is the new narrative of the new bull market, which did not exist before.
In RWA, there is OM with an increase of more than 200 times, which represents the trend. There is MKR, there is the new leader ONDO supported by BlackRock, and there are many similar projects like Polyx and Token, and most of them have already doubled near the bottom in the past month.
In the entire Altcoin sector, the projects that BlackRock has openly participated in may only be ONDO. The large-scale unlocking will start next year, and the market is currently mostly concerned about the trend after the unlocking, in my personal opinion, the unlocking is a double-edged sword, in the case of increased circulation, it may suppress the long-term price, but it must also be raised to support the capital outflow.
The most direct personal view: BlackRock's vision is not limited to this, the money earned from MEME should flow into here, which is safer and more reasonable.
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