Less than 24 hours remain until the CME opens on November 16. What will the trend be after the weekly close?

CN
3 hours ago

Cryptocurrency News

November 16 Highlights:

1. Harvard University's endowment fund disclosed holding $443 million in BlackRock iShares Bitcoin Trust (IBIT), making it the largest known stock position for the fund— a spot Bitcoin exchange-traded fund.

2. Balancer attackers have begun transferring ETH to Tornado Cash.

3. Dexu AI: Privacy sector attention has surged to 3.6.

4. ARK Invest increases its stake in BitMine stock worth $5.83 million.

5. Aster: S4 buyback plan is about to launch, with S3 buyback expenditures nearing $49.3 million.

Trading Insights

Here are some practical insights to help you trade more efficiently! 1. Focus on the "leader" Bitcoin, which usually serves as a barometer for market trends; high-quality coins like Ethereum can occasionally move independently, but altcoins are generally influenced by it. 2. Keep an eye on USDT for reverse signals; when USDT rises, be cautious of Bitcoin's decline; when Bitcoin peaks, it's a good time to buy USDT. 3. Early morning "easy profit" tip: between 0-1 AM, price spikes can occur; domestic users can set low buy orders for desired coins and high sell orders for holdings before sleeping, which might lead to unexpected transactions. 4. Pay attention around 5 PM due to time zone differences; this is when U.S. investors become active, potentially causing price fluctuations; historically, many price movements occur at this time. 5. Don't panic on "Black Friday"; while there is a saying about significant drops on Fridays, large increases or sideways movements are also common, so stay calm and focus on news. 6. Have strategies for quality coin declines; coins with trading volume support can drop without panic; holding for 3 days to 1 month is likely to break even; if you have extra funds, consider averaging down, if not, just wait. 7. For spot trading, "move less and observe more"; holding the same coin long-term and reducing trades yields higher returns than frequent trading; patience is key.

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 aren't going well, feel free to test the waters.

Data is authentic, with screenshots of each order at the time they were issued.

**Search for the public account: *Big White Talks Coins*

BTC

Analysis

From the data on Bitcoin, after entering the weekend, the turnover rate has significantly decreased, which is normal for weekends. This situation almost reflects the trading of real holders; there hasn't been a noticeable panic yet, and investor sentiment remains relatively stable. However, since the weekend isn't over, attention should still be maintained on Sunday. The current chip structure is also relatively stable, with no panic selling from investors at a loss at high levels; it's clear that the support level has only seen a small amount of turnover, and most investors are still in a wait-and-see trend.

ETH

Analysis

The focus should still be on next week. Although there are concerns over the weekend, there isn't much that can be done. If liquidity and sentiment do not recover next week, the downward trend may become more pronounced. However, based on past data after a standstill, liquidity tends to increase once the government resumes operations.

The gap for ETH is between $2853 and $2925. If investor sentiment further deteriorates over the weekend, the likelihood of filling these two positions is quite high; these are the only two gaps recently.

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 may have some lag; if you have any questions, feel free to consult.

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