Cryptocurrency News
November 15 Highlights:
1. Bitwise applies to convert BITW into an Exchange-Traded Product (ETP)
2. Pennsylvania proposes a bill to create a #Bitcoin strategic reserve for the state
3. The Department of Government Efficiency (DOGE) plans revealed by two leaders
4. 18 U.S. states sue the SEC, accusing it of overregulating the crypto industry
5. AIMeme, which was hot over 20 days ago, has skyrocketed in the past few days, with some increasing over 100x in the last half month, and the least around 10x. It can only be said that the wind is blowing, and even pigs are flying.
Trading Insights
Making money doesn't actually require ability, just information. Ordinary people wanting to rise must acquire new information, but only with a certain level of ability will others provide you with information. However, ordinary people cannot improve their abilities without information. This is a vicious cycle. To obtain information, you at least need a jujube to exchange for someone else's apple. The jujube can be: running errands, emotional value, etc. But in long-term cooperation, ability is less important; reliability (loyalty) comes before ability. Otherwise, no matter how strong the ability, unreliable people cannot consistently obtain information.
LIFE IS LIKE
A JOURNEY ▲
Below are the real trading signals from the Big White Community this week. Congratulations to the friends who followed along. If your trades are not going well, you can come and test the waters.
The data is real, and each trade has a screenshot from the time it was sent.
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 91800 to a low of around 86660, closing above 87350. The resistance is around 88500; if broken, it could reach around 90000. The support is near the MA7 moving average; a pullback can be used to buy. The MACD shows a decrease in bullish momentum. On the four-hour chart, the support is near MA30; if broken, it could reach the bottom around 84000. A pullback can be used to buy. The resistance is near MA14, with the MACD showing an increase in bearish momentum, forming a death cross. In the short term, buying can be considered around 86700-84300, with a rebound target of around 88500-90000.
ETH
Analysis
Ethereum's daily chart showed a decline yesterday, dropping from a high of around 3240 to a low of around 3025, closing around 3060. The support is near MA200; if broken, it could reach the MA360 yearly line. A pullback can be used to buy. The resistance is near the MA7 moving average, with the MACD showing a decrease in bullish momentum and signs of a death cross. On the four-hour chart, the support is near MA60; if broken, it could reach the bottom near MA90. A pullback can be used to buy. The resistance is near MA14; if broken, it could reach MA30. The MACD shows an increase in bearish momentum.
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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