Bitcoin and Ethereum are heavily invested, mainstream is lightly invested, and copycats are left to chance

There is a classic saying: "If you want to get involved in this mess, either you will hit me or I will hit you" - "Infernal Affairs". In fact, short-term operations in the cryptocurrency circle will often verify this saying. You may earn money from dozens of orders with great difficulty, but you cannot withstand a sharp rise or fall. The cryptocurrency circle is risky, so you need to be cautious when buying coins.

The Grayscale Fund, a money printing machine, not only brought about the bull market in Bitcoin, but judging from the market performance over the past few days over the weekend, the entire cryptocurrency circle is warming up for the bull market. Ethereum rose from $400 to $596 tonight; Litecoin rose from $55 to $90; Ripple XRP doubled in three days. The current market trend, especially for mainstream currencies, is basically similar to the bull market in 2017.

Bitcoin's first wave of market movement has driven the market's investment sentiment, and the main force of mainstream currencies has quickly pulled up the market to accelerate the leverage and turnover rate of market funds. Bitcoin's independent bull market has temporarily separated Bitcoin from the linkage between gold and US stocks. From the continuous issuance of USDT by Tether throughout the year and the announcement of the amount of funds invested in Bitcoin by companies on Wall Street, each issuance may be a wave of bigwigs bringing funds to sweep up Bitcoin. The market trend is still healthy and there is no high leverage rate like the crazy market at the beginning of the year. OKEX tested the withdrawal of coins today and announced the compensation plan for the withdrawal of fiat currency some time ago. With the surge in Bitcoin breaking through the previous high, the market will usher in a wave of capital entry.

The trading days for US stocks (Grayscale Fund) this week are Monday, Tuesday and Wednesday

Thanksgiving + weekend off for four days

Bitcoin BTC: Bitcoin is fluctuating sideways at a high level. First, it is accumulating technical strength, and second, it is giving time for mainstream currencies such as Ethereum to pull up. A comprehensive analysis of the fluctuations near the previous high of Bitcoin and the lower funding rates in the current futures market and leveraged trading area shows that Bitcoin's current trend still has the possibility of a high-level roller coaster. It may break through the historic high of US$20,000 (the attention of the entire capital market, and at the same time pave the way for the bull market in 2021), and form a pin-in market. Mainstream currencies, represented by Ethereum, Ripple and Litecoin, continue to rise. There will be a daily level correction this weekend to repair technical indicators.

Among the current mainstream currencies, Ethereum and Litecoin are as important as Bitcoin. Grayscale Fund also holds a large number of these three currencies. Most of the market funds in 2021 will be absorbed by Bitcoin, and mainstream currencies such as Litecoin and Ethereum can be diverted. Due to the policy suppression of the ICO coin issuance model, altcoins may be hyped in the middle of the year. Freely allocate when there is a big drop, and configure three-tier assets in the 5-3-2 or 4-4-2 model.

Ethereum ETH: Ethereum has an independent market, and the positive impact of 2.0 is of great significance. It is unexpected that Ethereum reached 600 US dollars in two days, and there is no sign of stopping the rise in the daily line. The market continues to flow into Ethereum and Ripple. The upward trend is the same as Bitcoin. The rise is endless. The higher it rises, the faster it rises, and the faster it rises, the higher it rises. This is a financial paradox. Based on the fundamental analysis of the Bitcoin bull market, the 300-400 US dollars of Ethereum at the beginning of the month may be the bottom of 2021, and Grayscale's Ethereum circulation has also exceeded 2%.

EOS: EOS currently has the highest leverage ratio in the market, which has exceeded the high point in February this year, reaching 46. This shows the enthusiasm of market hot money to miss out on Bitcoin and Ethereum and to chase the rise of altcoins. EOS is the worst performing mainstream coin in this round. Pay attention to when the market is crazy, the main players will go through the roller coaster market, liquidation of futures and leveraged trading areas, and the depth of the market is poor. Pay attention to Bitcoin and Ethereum in the linkage market.

Litecoin: The price of the currency is strongly linked, making up for the rise but also linked. All data are normal, and the data of chasing the rise in the market is normal. The biggest impact is that the number of people doing long futures is too large, which may affect the short-term increase. Pay attention to the integer barrier resistance of Bitcoin at $20,000 and $100. Bitcoin Cash BCH, BSV: The market is making up for the rise, the imagination is small, but it is still possible to allocate assets. Platform currency: BNB broke through the resistance of $30, OKB rose sharply to lead the market, HT may need to wait until the next year's Bitcoin bull market, HT can ambush. Ripple XRP: Doubled in three days, the bull market horn is blowing, and the daily line is sideways before considering selling or ambush.
TRX: Linked to the market, control positions. LINk: Linked to the market, LINK is now relying on Huobi's main force to keep up with the mainstream currency market. What we expect in the future is to break through the previous high of 20 US dollars, but there is still a great risk in chasing now. When the market does not see a surge in Bitcoin, it is the best strategy to focus all funds on Bitcoin. It is the only currency in the currency circle with the smallest decline and the safest rise.