Cryptocurrency News
December 2 Hot Topics:
1. Cathie Wood supports regulatory adjustments, focusing on the development of the cryptocurrency and innovation sectors.
2. Former CFTC Chairman: SEC may abandon the lawsuit against Ripple.
3. Throughout November, the cryptocurrency market's market capitalization increased by over $1 trillion.
4. Slow Mist Cosine: DEXX loss statistics are non-blocking segments, and many tasks are essentially carried out in parallel.
5. NFT sales in November exceeded $562 million, reaching a six-month high, with the entire #NFT market experiencing a positive spiral, and both token prices rising.
Trading Insights
What you must know in a bull market! 1. In a bull market, the hotter the coin, the faster and more severely it drops. 2. Truly potential coins, hundredfold coins, will not be promoted or shouted about in the market; instead, only a very small number of people will occasionally mention them in the early stages (when traffic is low). 3. Market capitalization, the number of exchanges listed, the number of holders, and investment institutions are not reliable references for choosing coins. 4. The market always changes in a smooth curve. 5. There will always be those who kill the market watch. 6. Altcoin pump techniques are consistent, and the pump duration is relatively long. 7. New coins that surge first and then plummet should be avoided. 8. Similarly, there will always be those who chase the rise. 9. Buying leads to drops, selling leads to rises, just like social rules and systems; you cannot change them. 10. Buying does not drop but instead rises, and after making a profit of 5%-20%, if it suddenly starts to fall back, it indicates that this coin is about to start harvesting retail investors.
LIFE IS LIKE
A JOURNEY ▲
Below are the real trading group orders from the Big White Community this week. Congratulations to the friends who followed along; if your operations are not going smoothly, you can come and test the waters.
The data is real, and each order has a screenshot from the time it was issued.
Search for the public account: Big White Talks About Coins
BTC
Analysis
Bitcoin's daily line yesterday rose from a high of around 95,700 to a peak of around 98,400, closing around 97,200. The upper pressure level is around 97,600; if broken, it can be seen at around 98,900. The lower support level is near the MA7 moving average; a pullback can be made to buy near this level. MACD shows an increase in bearish momentum. The four-hour trend is fluctuating, with lower support near the MA90; if broken, it can be seen at around MA120. A pullback can be made to buy near this level. MACD is fluctuating and leveling off, with dual lines converging.
ETH
Analysis
Ethereum's daily line formed a doji yesterday, with a maximum upward spike to around 3,750 and a minimum drop to around 3,660, closing around 3,710. The lower support level is near the MA7 moving average; a pullback can be made to buy near this level. The upper pressure level is around 3,740. MACD shows a decrease in bullish momentum and indicates signs of a death cross forming. The four-hour lower support is near the MA30; if broken, it can be seen at around MA60. A pullback can be made to buy near this level. MACD shows an increase in bearish momentum, forming a death cross.
Disclaimer: The above content is personal opinion and for reference only! It does not constitute specific operational advice and does not bear legal responsibility. Market conditions change rapidly, and the article has a certain lag; if you have any questions, feel free to consult.
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