Xiaohan’s 3.96u-to-200,000 diary, Day 1: The market has reversed, and $KGEN meme coins are leading the way. Have you entered? (Xiaohan gave an early heads-up, as the posts show.)

‌ First, the analysis: Yesterday, Xiaohan said $BTC BTC shouldn’t rush to buy the dip yet. Wait until after the November 11 MicroStrategy event (MicroStrategy may be removed from the US MSCI index list on November 11, triggering bearish selling pressure, along with the bearish COL data that came in above expectations yesterday or the day before)#美国10月CPI全面超预期
After those two bearish catalysts pass, the bad news is out, which can trigger a rebound. And as Xiaohan flagged yesterday, KGEN is leading the way today as expected.
Both predictions were right, but the BIRB prediction was wrong. The trade still later hit breakeven take-profit, though—a shame.
As for market news, after all the bearish catalysts have passed, we can see that US stocks rebounded first, followed by cryptocurrencies like BTC, ETH, and SOL. Prices have now stabilized, but it’s still unclear whether they’ll fall again, since there’s still no clear positive catalyst (the midterm elections and other bearish factors are still having a major impact).
But! Whales have already been buying the dip around BTC 72,000 and ETH 2,000. On-chain data doesn’t lie: they’ve bought the dip with several hundred million or so.
Xiaohan still recommends mainly waiting on the major coins (or perhaps trying to go long around BTC 72,500)!
For altcoins, focus on meme coins: get in early and leave once you’ve made a profit!#每周来晒