Cryptocurrency News
November 30 Highlights:
1. The U.S. Court of Appeals rejected Craig Wright's appeal in the COPA case.
2. According to Fox Business, New York's cryptocurrency regulatory agency is about to approve the stablecoin issued by Ripple, expected to launch on December 4.
3. Tether has minted another 1 billion USDT, bringing the total issuance to 14 billion USDT since November 8.
4. Macquarie: Bitcoin mining helps support the stability of local power grids.
5. Wells Fargo: The Federal Reserve may cut interest rates once every other meeting in 2025.
Trading Insights
- Do not buy coins you lack confidence in, as you won't be able to hold them and will feel anxious. Only invest in coins you firmly believe in and plan to hold long-term.
- Avoid short-term trading, especially day trading. The limited rise of Bitcoin makes it not worthwhile, and watching other altcoins for a day is a waste of time, potentially leading to losses. It's not worth it.
- Occasionally, if there are coins in the primary market that are generally favored, you can invest a very small amount, treating it like buying a lottery ticket.
LIFE IS LIKE
A JOURNEY ▲
Below are the real trading signals from the Big White Community this week. Congratulations to those 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 when it was issued.
Search for the public account: Big White Talks Coins
BTC
Analysis
Bitcoin's daily chart showed a rebound yesterday, rising from a low of around 95350 to a high of around 98650, closing at around 97450. The support level is near MA14, and a pullback can be used to buy. The resistance level is around 98600; if broken, we can look for new highs. MACD shows an increase in bearish momentum, with support at MA30; if broken, we can look for MA90. A pullback can be used to buy near this level. The resistance level is around 97500, and MACD shows a decrease in bullish momentum, indicating a potential death cross.
ETH
Analysis
Ethereum's daily chart rose from a low of around 3535 to a high of around 3650, closing at around 3590. The support level is around 3575; if broken, we can look for the MA7 moving average. A pullback can be used to buy near this level. MACD shows an increase in bullish momentum. The four-hour chart shows support at MA14; if broken, we can look for MA30. A pullback can be used to buy near this level. MACD shows an increase in bullish momentum, forming a golden cross.
Disclaimer: The above content is personal opinion and for reference only! It does not constitute specific trading advice and does not bear legal responsibility. Market conditions change rapidly, and the article may have some lag. If you have any questions, feel free to consult.
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