The market continues to pump after the election, and the strong upward exploration of the market price continues to approach around 90,000. Most people's Spot positions were bought before Trump took office, or bought the dip after his victory. With the current price approaching 90,000, although there is still some room for upward movement in the subsequent market, the overall Spot Large Investors are not far from dumping, and the stage of escaping the top of the Bull Market is about to come. Why do I say this? It's simple. When BTC fell to 68,000-75,000, it was time to catch the bottom. When the price reaches 90,000, many Large Investors will definitely execute the plan to escape the top. Everyone wants to exit at the best possible price and then make a big splash in the contract market.



And from my years of experience in the crypto world, when the coin price is so high, it's definitely a time when Large Investors are starting to sell off, and that's when the market really takes a nosedive. At that time, most people will definitely want to see a recovery in their profits. This kind of situation is quite common, and when the next nosedive really comes, it will definitely trap those who are still holding. So when will the next round reach the current price again?

The current price of the currency continues to rise, and the big players have not shown too much dumping, everything seems calm, but who knows if it is the calm before the storm? The current market continues to climb, but the opportunity to escape the top has already begun to plan. I am not guessing the top, nor can I say to everyone to leave at the best position, but there will be a reasonable plan to deal with the next wave of the market. I cannot guarantee that everyone will make a profit, but a reasonable plan can definitely help everyone avoid more risks. After Spot is locked in, a small position shift to contract planning is a good choice for the current high price ratio.

In the current market situation, after reaching a high near 89000, it briefly retraced to test the support near 87000 trading hours. In terms of the overall market structure, signs of forming a bottom have also appeared. The morning analysis also reminded that a second retracement to the 87000 level will definitely form effective support. After all, this high did not face too much pressure from support, and now that the bottom has been formed, the market will continue to rise further. The overall structure is still very strong, and with the intraday retracement given, the next breakthrough of 90000 is not far away. Maintaining a bullish mindset is sufficient. Presumably, many have positioned themselves long in the morning retracement, so holding on will lead to victory.

BTC can go long at 88000-88500 with a target near 92000. ETH can go long at 3300-3330 with a target near 3450. #BTC持续攀升,本月底能否超过$100K? #BTC #GateioInto11 #ETH
BTC-0,37%
ETH-0,78%
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GateUser-af451760vip
· 2024-11-12 07:37
Meat ran out of the morning order.
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