Do not worry about having no friends on the road ahead; there are like-minded individuals on the investment journey. Good afternoon, everyone! I am the King of Coins from the Coin Victory Group. Thank you all for coming here to watch the King’s articles and videos, and I hope the brothers who have been following the King will return.

**Click the link to watch the video: **https://www.bilibili.com/video/BV12EyNY3EYV/

First, let’s review the King’s views on the market from the article and video released yesterday. For Bitcoin, the King suggested a short position at 67,800, which was later adjusted in the friend circle to pursue a short position after the market broke above 68,000 and then fell back below 68,000, aiming for a profit of 1,000 points. The evening positions were all provided, and a small profit of 1,000 points was made. For Ethereum, the entry point was set at 2,685 for a short position, with 2,650 as the initial entry. Looking at the chart, we can see that the entry point was reached, and then the market fell to a low of around 2,590 in the evening, yielding a profit of 60 points, which was almost the entire range of Ethereum's fluctuations yesterday. Personally, I think this is quite good.

Recently, the market shows that Bitcoin may be facing a significant trend, with stimulating positive signals likely to lead to substantial upward opportunities in the next two months. First, with the U.S. election settled, policy uncertainty has decreased, stabilizing investor sentiment and readjusting asset allocation towards high-risk assets. Bitcoin, as a safe-haven tool and investment product, benefits significantly. Secondly, the Federal Reserve has entered a rate-cutting cycle, increasing liquidity, which further solidifies Bitcoin's status as digital gold, attracting more capital inflow. China's loose monetary policy also promotes global liquidity, indirectly boosting demand in the cryptocurrency market. Additionally, the release of 800 billion funds from the U.S. TGA account further enhances market liquidity, driving up high-risk assets. Historical data shows that Bitcoin performs excellently in the fourth quarter, and cyclical patterns indicate that the end of the third year typically breaks through the previous bull market peak. This year, it may break through the previous high of 69,000 by the end of the year, initiating a new bull market. With the capital-absorbing power of U.S. and Hong Kong stocks declining, more funds may flow into assets with greater growth potential, such as Bitcoin.

Now, let’s take a look at Bitcoin's specific movements. From the daily chart, we can see that there have been three consecutive bullish candles, but the bullish momentum is continuously shrinking, indicating a potential reversal in the near future. From the hourly chart, the market is still fluctuating around the 68,000 level. For short positions, the King believes we can adhere to the strategy provided last night, which is to enter a short position after the market peaks and falls back below 68,000, aiming for a profit of 1,000 points and reducing the position once. The key support to watch below is around 64,800, where we can consider entering a long position with a stop loss of 300 points. As always, we only make one entry for long positions. If any friends are stuck in positions, feel free to reach out to the Coin Victory Group, and I will help you resolve the issues.

Next, let’s look at Ethereum's market. First, from the daily chart, it is clearly different from Bitcoin, with consecutive high-position doji candles indicating that the market is on the verge of a reversal. It is recommended to focus on short positions when trading. From the hourly chart, Ethereum is under continuous pressure at the 2,650 level. In the short term, we can rely on this position to enter short, targeting around 2,580. Below, we can focus on entering a light long position near 2,565 with a stop loss of 25 points; this position can only be made once. The overall volatility at the beginning of this month has been relatively large, and regarding this volatility, we will conduct live broadcasts of the market from Monday to Friday at 8:30 PM. Friends in need can find the Coin Victory Group online, and I will send you the link to the live room.

This article is independently written by the Coin Victory Group. Friends in need of current price strategies and solutions can find the Coin Victory Group online. Recently, the market has been mainly characterized by fluctuations, accompanied by intermittent spikes. Therefore, when making trades, please remember to control your take profit and stop loss. In the future, when facing significant market data, the Coin Victory Group will also organize live broadcasts across the internet. Friends who wish to watch can find the Coin Victory Group online and contact me for the link.

Mainly focusing on spot and contract trading for BTC/ETH/ETC/LTC/EOS/BSV/ATOM/XRP/BCH/LINK/TRX/DOT, specializing in strategies such as mobile locking and trading around high and low support and resistance levels, short-term swing trading, medium to long-term trend positions, daily extreme pullbacks, weekly K-top predictions, and monthly head predictions.

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