Cryptocurrency News
November 3 Highlights:
1. Senator John Fetterman calls for a ban on stock ownership by Congress members to prevent insider trading.
2. Ramaswamy's Strive launches a wealth management division aimed at incorporating Bitcoin into standard investment portfolios.
3. Trump's odds on Kalshi and Polymarket have dropped by 10%, as a French gambler denies a political agenda.
4. Ethereum researchers resign from their advisory positions at EigenLayer.
5. Robinhood Crypto now supports DOGE token transfers.
Trading Insights
- Be patient during consolidation periods; do not act hastily. After consolidation, a trend change may occur.
- Short-term hot stocks often involve speculation; when the hype fades, funds may withdraw. Regularly change positions to mitigate risks.
- During acceleration phases, hold steady as the K-line rises slowly. When a high opening bullish candle appears with increased volume, the market accelerates; hold your positions and wait for profits.
- After a large bullish candle, exit decisively regardless of high or low positions to avoid profit drawdown.
- Moving average support levels and key buy/sell points are crucial; even if wrong, follow the rules.
- It’s better to enter less frequently than to rush in; preparation is key. The only constant in the cryptocurrency market is change, so proceed with caution.
LIFE IS LIKE
A JOURNEY ▲
Below are the real trades from the Big White Community this week. Congratulations to those who followed along. If your trades are not going well, you can come and test the waters.
Data is authentic, with screenshots of each trade at the time they were made.
Search for the public account: Big White Talks Coins
BTC
Analysis
Bitcoin's daily chart showed a pullback yesterday, dropping from a high of around 69,950 to a low of around 69,000, closing near 69,400. The support level is near the trend line; if broken, it could drop to around MA30. A bounce back can be considered for buying near this level. The upper resistance is near MA7, with MACD showing an increase in bearish momentum forming a death cross. The four-hour bottom is near MA200; a bounce back can be considered for buying near this level. The upper resistance is near MA60; if broken, it could reach around MA30. MACD shows an increase in bearish momentum.
ETH
Analysis
Ethereum's daily chart showed a pullback yesterday, dropping from a high of around 2,525 to a low of around 2,470, closing near 2,495. The upper resistance is near MA90; if broken, it could reach around MA7. The lower support is near 2,400; a bounce back can be considered for buying near this level. MACD shows an increase in bearish momentum. The four-hour lower support is near 0.786; a bounce back can be considered for buying near this level. The upper resistance is near MA360; if broken, it could reach around MA200. MACD shows an increase in bearish momentum.
Disclaimer: The above content represents personal opinions and is for reference only! It does not constitute specific operational advice and does not bear legal responsibility. Market conditions change rapidly, and the article may have some lag. If you have any questions, feel free to consult.
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。