Do not worry about having no friends on the road ahead; there are like-minded people on the investment journey! Good afternoon, everyone! I am the King of Coins from the Coin Victory Group! Thank you, friends, for your daily attention. Without further ado, let's look at the results—how great was yesterday's strategy? Open the market and see for yourself! For Bitcoin, we called for a short at 105,500, and it dropped to a low of 102,500. Wasn't that a sweet gain of 3,000 points? Ethereum performed even better, entering short at 3,580 and crashing down to around 3,400, securing a solid 180 points! Friends who followed along, raise your hands—wasn't that a satisfying meal? If you missed out, don’t panic; today’s content is even more substantial, so take good notes and you can still benefit!

Click the link to watch the video: https://www.bilibili.com/video/BV1aMCnBSE75/

Let’s first talk about the hottest topic: the U.S. government shutdown drama that lasted 44 days has finally reached the House of Representatives! The House is a Republican stronghold, and as long as they don’t mess things up internally, it should wrap up tonight. Trump has also publicly supported ending the shutdown, so this matter is basically settled. Some people immediately shout "the bull market is here" as soon as they hear the doors are opening; I advise you to stay calm! Once the Americans return to work and liquidity flows back into the market, it will at most relieve the funds that have been pent up for two months. That’s a relief, not an explosion; the foundation of the bear market hasn’t changed at all! Don’t mistake “quenching thirst” for “overwhelming victory,” or you’ll have nowhere to cry.

Now let’s talk about the news that exploded overnight—Besenet’s compliance for crypto ETF staking has got the market all hyped up. In fact, this news leaked out months ago; it’s just now officially announced. ETH and SOL are likely to have staking functions this year, which sounds very tempting. But we need to peel back the layers to see the essence: the rules are not set, and there are a lot of messy processes; in the short term, it’s just a gimmick to boost sentiment! Do you really think institutions will rush in overnight? They are smarter than monkeys, waiting for retail investors to rush in as cannon fodder, and then they’ll stab you in the back. Haven’t we seen this trick before?

What’s the market like now? The fearful are too scared to act, the hesitant are dragging their feet, and the whole world is waiting for a lifeline, but new money has already dried up. Don’t even mention a massive rally; even the bulls need to look at the bears’ faces to catch their breath! Some people list a bunch of data saying “there will be liquidity, there will be interest rate cuts, it will definitely skyrocket,” which is pure self-deception! Bitcoin has already fallen below the bull-bear line on the daily chart, and it’s a direct crash from a high position. Acting like a “long-termist” in a bear market is just paying an IQ tax with real money!

Think about October 27th, when Bitcoin peaked at 116K and was then slammed down, dropping 15% by November 5th. Why? There was no one to support the bottom! All new buyers ran away, and there was no strength at the bottom; who else can we rely on to pull it up? This is exactly like the crash at the beginning of 2025—new money has dried up, and it’s crashing faster than anyone else. The current situation is replicating that! Recently, the warning signs have piled up like a mountain: the blockchain is full of cash-outs, the dumb money signal is flashing red, and the liquidity at 98K is just waiting to collect corpses! The market needs to correct; it’s just waiting for the final kick to push it down.

Back to the market, yesterday Bitcoin’s rebound hit the weekly EMA30 and was slammed down, a typical “rebound to send shorts” situation! U.S. stocks also fell on Tuesday, with a whole day and night of declines, and the switching between long and short positions was faster than a windstorm. A market driven by news has less endurance than a paper wall; it takes a breather during the day and then tests 100K at night. Tonight, Federal Reserve officials will also speak, so the market is bound to shake a few more times.

Now remember the key levels: if Bitcoin breaks 102.4K, it will directly test 100.3K; if Ethereum breaks 3,400, we’ll look at the support at 3,336. In short, all rebounds are just twitches before death; don’t expect a major reversal in the short term!

The Coin Victory Group will discuss the trends and key levels; just follow along:

Resistance Levels: Second resistance at 106,000, first resistance at 105,200; Support Levels: First support at 103,500, second support at 102,400.

The 120 and 200 MA on the hourly level have already been lost; it’s now strong resistance. Don’t fantasize about a good market before breaking through. 102.4K is the upper edge of the range from November 7th to 8th and is currently the most critical support. The short-term bottom is here, and whether it can hold depends on tonight’s close. If it holds, it counts as a short-term bottom; if it breaks, it will form an N-shaped decline, heading directly to 101.4K. At that time, any rebound will be a dangerous game, and if you’re not careful, you’ll still get trapped.

Don’t be vague about the resistance levels either: 105,000 is the trading concentration area from November 10th to 11th. Only by breaking through 105,000 and standing back above the hourly 120 and 200 MA can there be a possibility of another rally; otherwise, all rebounds are just bait!

11.12 Wave Strategy Directly Given: Long: Not recommended for now; don’t rush in like a retail investor; Short: Enter in the range of 105,200-105,500, target 103,800-102,400.

Lastly, a heartfelt note: if you want to learn real things in the crypto world, you need to follow the right people for the long term. Don’t make hasty judgments based on just two market movements. The market is full of performers; today they flaunt long positions, tomorrow they flaunt short positions, and it seems like they’re always catching tops and bottoms, but it’s all just hindsight! The truly reliable ones have consistent logic that can withstand scrutiny; they don’t jump in just when the market moves.

All the content from the Coin Victory Group is exclusive and valuable. Scan the QR code above or search for “Coin Victory Group” on WeChat to find us. We have real-time strategies, techniques for breaking even, and contract trading methods, along with free experience groups and live broadcasts. If you find it useful, give us a like and follow; with the King of Coins, you can still make money in a bear market!

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。