The market refuses to pull back! 20241116

CN
4 days ago

Good evening, brothers!

Some are lazy and some are busy over the weekend,

All for the small responsibilities towards family and oneself this week,

Woke up early in the morning to rush a document.

Some took the opportunity to clean and tidy up over the weekend,

And some stole a moment to stroll and give their body and mind a break…

Life seems to be a rush to do things for others before we even have time to think,

The growth of children always happens unknowingly,

But it also seems that every inch of time has its own gains and losses…

……

Will "Trump 2.0" destroy the dollar hegemony? Nomura believes it is unlikely, rather, U.S. debt may be "a bit dangerous."

With Trump's return, the market is concerned that his "America First" policy may further weaken the dollar's status as the global reserve currency, exacerbating the "modern Triffin dilemma."

The core of this dilemma is that the U.S. needs to simultaneously meet the growing global demand for safe dollar assets while ensuring the long-term safety of these assets.

BTC: On the 4-hour level, the price continues to stay above the middle band of the Bollinger Bands, and the price trend remains healthy.

On the daily level, the price continues to stay above the moving average support, and the price trend remains strong.

In summary, support level at 90800, resistance level at 91300.

ETH: On the 4-hour level, the price continues to oscillate near the middle band of the Bollinger Bands, with a support level at 3150 and a resistance level at 3180.

LTC: The price continues to stay near the upper band of the Bollinger Bands, and the price trend remains strong, with a support level at 88 and a resistance level at 91.

BCH: The price continues to stay above the middle band of the Bollinger Bands and remains near the upper band, with a support level at 430 and a resistance level at 460.

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