#ETH I've been in the cryptocurrency circle for 8 years, and I've realized one thing: those who cry the loudest during big dump often make the most profits when it rises.

(Now there is a lot of howling, but I'll say something you don't want to hear -)
1. After big dump, what's left in the market?
Fewer and fewer people are alive: the wave of people in November has long been washed out, and now the market is full of low-key players playing dead.
Shanzhai coins returned to poverty overnight: 90% of shanzhai coins fell back to the rise point, but don't panic - the bull market specializes in stubbornness, and big dump specializes in cutting leverage.
2. The operation of the institution is very honest
BTC holds the 96,000 defense line: it's not really cold until it falls below 93,000. The fact that big funds are still protecting the market shows that the main force hasn't fled.
ETH secretly accumulates: Don't be deceived by the current range of 2400-2800. Institutions are always secretly buying chips after every big dump, similar to the scenario of adding 100,000 coins last time.
3. Guide to Surviving as an Experienced Trader
BTC (95000-100000 lying flat): Stare at the life and death line of 93000, hold it steady if it doesn't break, and run away immediately if it does.
BNB (570-620 and other airdrops): Must run on the day of airdrop! Switching back to BTC is the right thing to do.
ETH (2400-2800 dead zone): Don't panic even if the 4-hour chart looks like an electrocardiogram, institutions will definitely make a move before the next major positive news.
Some important news yesterday:
1. FTX has sent emails to creditors with less than $50,000, and there are still about $345 million in outstanding debts that have not completed KYC verification.
2. The huge transactions of Dogecoin (DOGE) exceeding $100,000 per transaction have recently decreased significantly, with the current weekly volume being only one-third of the peak period driven by the 'Trump effect' at the beginning of November.
Former Deputy Director of Beijing Local Financial Supervision and Administration Bureau, Hao Gang, was sentenced to 11 years in prison in the first instance. According to Caixin's understanding from multiple sources, Hao Gang was involved in Bitcoin money laundering; in addition, he had assisted a certain leading Bitcoin mining company executive in lifting border controls, and received bribes of millions of yuan.
4. Legislators from Kentucky and Maryland in the United States respectively proposed the "Bitcoin Reserve" bill, and a senator from Florida proposed a Bitcoin investment bill
Speaking of today's daily BTC technical analysis, from the perspective of the candlestick chart, the 1-hour timeframe is rising, the 4-hour timeframe is ranging with an upward trend, the 12-hour timeframe is falling, and the daily timeframe is falling. The intraday resistance level is $99,000 and the support level is $94,000.
Now there are cheap chips all over the street, but 99% of people dare not pick them up. Bull markets are never driven by retail investors, but rather by waiting for people to be fully loaded and suddenly pushing up the market, causing those who missed out to regret.
（Reminder: This article comes with a reverse Buff, don't blame me for being proven wrong by the market）#BTC #ETH