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Gougou Coin experienced astonishing increases in the index in 2020 and early 2021, thanks in part to Elon Musk's investment. DOGE surged tenfold in May 2021, attracting millions of new and first-time investors to enter the cryptocurrency market

Preface: Investment carries risks and caution should be exercised everywhere. This content is not intended as a recommendation and is for reference only

Behind the rise in Bitcoin (BTC) prices in November: Is it a brief boom or a precursor to a bull market? After the Federal Reserve announced the news, counterfeit coins soared and Bitcoin remained stable! Let's explore.In recent times, despite the Federal Reserve's warning of interest rate hikes, the prices of cryptocurrencies such as Bitcoin (BTC) and Solana (SOL) continue to maintain a strong upward trend

The positive news of the Federal Reserve suspending interest rate hikes last night brought a wave of upward momentum to the market, as if igniting a spark of hope, with many currencies showing impressive gains. However, we cannot hastily assume that a bull market has arrived just because of this brief rise, nor can we easily assert that it is still in a bear market just because of this brief decline

With the FOMC meeting maintaining stable fund interest rates, Bitcoin broke through the $35000 mark.After the breakthrough, the released momentum is expected to exceed the $40000 mark

There was a lot of information last night, let's review it first1. Last night, the pre release data for small non farm workers was 89000 people, with an expected 150000 people, while the actual released value was 113000 people

After being influenced by news in the early morning, the coin price has been rising all the way, reaching a new high near 35730, breaking the fluctuation range. Currently, the coin price is operating around 35600

Ethereum prices consolidated their gains below the resistance level of $1850 against the US dollar. ETH must remain above the support level of $1750 to begin a new upward trend

EthereumBeing within a short-term roughly horizontal trend channel indicates further development in the same direction. There is no resistance on the price chart, indicating further increase

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Will November become a critical month for the Bitcoin market?To make a long story shortPlanB emphasizes that November is a critical accumulation period for Bitcoin before the halving in April 2024, and emphasizes that the 6 months before and 18 months after the halving are crucial to market dynamics. He believes that the scarcity brought about by each halving will drive the price of Bitcoin

Preface: Investment carries risks and caution should be exercised everywhere. This content is not intended as a recommendation and is for reference only