Weekly Analysis of the Cryptocurrency Market (11.15)

Summary:

1. The risk of a market crash in U.S. stocks next year is higher than during the internet bubble of 2000.

2. The probability of not lowering interest rates in December.

3. Reasons for the decline of Bitcoin.

4. The excessive consumption of sell orders in U.S. stocks and Bitcoin.

5. Sentiment, long-short ratio, usdt.d, indicators.

6. The closing line in November should be above 99000.

Operations:

1. Holding a long position for $BTC , expected to hold until late December, take-profit target 82500.

2. Holding a long position for $ETH , expected to hold until late December, take-profit 2333.

3. Holding a long position for $SOL , expected to hold until late December, take-profit 81.

4. Holding a short-term long position for Bitcoin, take-profit target 103333.

5. Holding a short-term long position for ETH, take-profit target 3444.

6. Holding a short-term long position for SOL, take-profit target 161.6.

(If the short-term long position does not hit the take-profit level, it will definitely be realized by November 28 at the latest.)

I placed orders to buy Bitcoin and SOL on November 14, but did not manage to buy ETH. I manually entered a short-term long position for ETH on November 15, and the holding price should be around 3140.

If I take profit early on these three short-term long positions, I will inform everyone in the square, so don’t worry.

This includes long positions; if I plan to reduce positions or take profit early, I will also inform everyone in the square.

All my operations are basically conducted according to my own analysis and posts. My analysis is not only for you to see, but more for myself, and can be regarded as my trading diary/week diary.

Of course, there may be slight differences in point levels, but they won’t be too significant. I will update my order levels every Monday morning at 8 a.m., but my analysis is usually posted on weekends, so there may be slight discrepancies in levels.

Overall, the range of 94600~97400 is what I consider to be the stage low in November. The corresponding positions are the monthly ema15 and weekly ema60. It is reasonable to make long trades around this range before November 28 (but I do not plan to close long positions). I do not rule out the possibility of a re-test on Monday, breaking Friday's low, but even so, this range still represents a “stage” bottom area.