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战火将如何牵动加密市场?

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Next Week's Market Focus 10/29 (Tue) USA: October Conference Board Consumer Confidence, Previous Value 98.7 USA: September JOLTS Job Openings, Previous Value 8.040M 10/30 (Wed) Germany: Q3 Gross Domestic Product (GDP) (Quarter-on-Quarter), Previous Value -0.1% Switzerland: Central Bank Press Conference UK: Autumn Budget Statement USA: October Non-Farm Payroll Change, Previous Value 143K USA: Q3 Gross Domestic Product (GDP) (Quarter-on-Quarter), Previous Value 3.0% Germany: October Consumer Price Index (CPI) (Month-on-Month), Previous Value 0.0% USA: Crude Oil Inventories, Previous Value 5.474M 10/31 (Thu) China: October Manufacturing PMI, Previous Value 49.8 Japan: Interest Rate Decision, Previous Value 0.25% Hong Kong: Q3 Gross Domestic Product (GDP) (Quarter-on-Quarter), Previous Value 0.4% Hong Kong: Q3 Gross Domestic Product (GDP) (Year-on-Year), Previous Value 3.3% Eurozone: October Consumer Price Index (CPI) (Year-on-Year), Previous Value 1.7% USA: September Core PCE Price Index (Year-on-Year), Previous Value 2.7% USA: September Core PCE Price Index (Month-on-Month), Previous Value 0.1% USA: Initial Jobless Claims 11/1 (Fri) USA: October Average Hourly Earnings (Month-on-Month), Previous Value 0.4% USA: October Non-Farm Payrolls, Previous Value 254K USA: October Unemployment Rate, Previous Value 4.1% USA: October ISM Manufacturing PMI, Previous Value 47.2 USA: October Manufacturing PMI, Previous Value 47.8 #战火将如何牵动加密市场? #Tether否认调查和制裁 #加密货币市场持续震荡
Next Week's Market Focus

10/29 (Tue)
USA: October Conference Board Consumer Confidence, Previous Value 98.7
USA: September JOLTS Job Openings, Previous Value 8.040M

10/30 (Wed)
Germany: Q3 Gross Domestic Product (GDP) (Quarter-on-Quarter), Previous Value -0.1%
Switzerland: Central Bank Press Conference
UK: Autumn Budget Statement
USA: October Non-Farm Payroll Change, Previous Value 143K
USA: Q3 Gross Domestic Product (GDP) (Quarter-on-Quarter), Previous Value 3.0%
Germany: October Consumer Price Index (CPI) (Month-on-Month), Previous Value 0.0%
USA: Crude Oil Inventories, Previous Value 5.474M

10/31 (Thu)
China: October Manufacturing PMI, Previous Value 49.8
Japan: Interest Rate Decision, Previous Value 0.25%
Hong Kong: Q3 Gross Domestic Product (GDP) (Quarter-on-Quarter), Previous Value 0.4%
Hong Kong: Q3 Gross Domestic Product (GDP) (Year-on-Year), Previous Value 3.3%
Eurozone: October Consumer Price Index (CPI) (Year-on-Year), Previous Value 1.7%
USA: September Core PCE Price Index (Year-on-Year), Previous Value 2.7%
USA: September Core PCE Price Index (Month-on-Month), Previous Value 0.1%
USA: Initial Jobless Claims

11/1 (Fri)
USA: October Average Hourly Earnings (Month-on-Month), Previous Value 0.4%
USA: October Non-Farm Payrolls, Previous Value 254K
USA: October Unemployment Rate, Previous Value 4.1%
USA: October ISM Manufacturing PMI, Previous Value 47.2
USA: October Manufacturing PMI, Previous Value 47.8

#战火将如何牵动加密市场? #Tether否认调查和制裁 #加密货币市场持续震荡
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$BTC This time it really works! Big profits. Winning is so refreshing 🎉🎉🎉 Shorted from 68000 to 67000. I have already earned 1000 points. Aiming for 66000. Although there are small fluctuations now, the overall trend is still downward. This time, I really won big. Zhou's strategy only tells the truth. If you like or comment on the root post, deduct 1, check my homepage to find me, mainly focusing on high win-rate swing trades and margin trading. #加密货币市场持续震荡 #战火将如何牵动加密市场?
$BTC This time it really works! Big profits. Winning is so refreshing 🎉🎉🎉

Shorted from 68000 to 67000. I have already earned 1000 points. Aiming for 66000.

Although there are small fluctuations now, the overall trend is still downward. This time, I really won big.
Zhou's strategy only tells the truth.

If you like or comment on the root post, deduct 1, check my homepage to find me, mainly focusing on high win-rate swing trades and margin trading. #加密货币市场持续震荡 #战火将如何牵动加密市场?
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In the past two days, a one-sided trend has not appeared, with back-and-forth fluctuations. The rhythm is not as clear as in previous trends, accompanied by range washing and rapid ups and downs. But in the end, it still contracted and lost ground, rebounding with strong pressure-testing sentiment! In this phase, it is important to make particularly rational judgments. This week, on a short-term basis, it's the last week of the monthly line, theoretically, the fluctuations will be slightly larger than last week. I am still more inclined to a wide range of washing fluctuations, with support at 65000 tested twice, and the high point of 70000 has not been surpassed. In the short term, there is not much space to open up. Today, the long and short sentiments continue to ferment in the market, and the short-term will still continue the washing momentum. In terms of operation, the technical structure has clearly been excessive several times within the 4-hour range, and the future market will still be about timing and range. On Monday, I expect an upward trend first. After going up, it will consolidate. After last Friday's crash, the layout of Bitcoin can be taken out long-term! Focus on support at 67200-66600 and pressure at 69500! Regarding Ethereum, the sentiment in the past two days has clearly followed Bitcoin, although there has been a rebound, it's obviously slow to rise and fast to fall. Friends who want to move Ethereum should not expect too much space for short-term longs; volume can be released on declines. Pressure at 2580, support at 2460! For Bitcoin, the short position is at the 68800 area, looking at 67000, and if it touches 66500 support without breaking, a short-term long can be considered. Ethereum can be synchronized. Leave a comment in the area to avoid taking a detour: 666 is constant, bring $SOL $BOME $USDC , #比特币挖矿难度创历史新高 #战火将如何牵动加密市场? .
In the past two days, a one-sided trend has not appeared, with back-and-forth fluctuations. The rhythm is not as clear as in previous trends, accompanied by range washing and rapid ups and downs. But in the end, it still contracted and lost ground, rebounding with strong pressure-testing sentiment! In this phase, it is important to make particularly rational judgments. This week, on a short-term basis, it's the last week of the monthly line, theoretically, the fluctuations will be slightly larger than last week. I am still more inclined to a wide range of washing fluctuations, with support at 65000 tested twice, and the high point of 70000 has not been surpassed. In the short term, there is not much space to open up. Today, the long and short sentiments continue to ferment in the market, and the short-term will still continue the washing momentum. In terms of operation, the technical structure has clearly been excessive several times within the 4-hour range, and the future market will still be about timing and range. On Monday, I expect an upward trend first. After going up, it will consolidate. After last Friday's crash, the layout of Bitcoin can be taken out long-term! Focus on support at 67200-66600 and pressure at 69500! Regarding Ethereum, the sentiment in the past two days has clearly followed Bitcoin, although there has been a rebound, it's obviously slow to rise and fast to fall. Friends who want to move Ethereum should not expect too much space for short-term longs; volume can be released on declines. Pressure at 2580, support at 2460! For Bitcoin, the short position is at the 68800 area, looking at 67000, and if it touches 66500 support without breaking, a short-term long can be considered. Ethereum can be synchronized. Leave a comment in the area to avoid taking a detour: 666 is constant, bring $SOL $BOME $USDC , #比特币挖矿难度创历史新高 #战火将如何牵动加密市场? .
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Tell a story⚠️The difference for retail investors in the secondary market is that when prices drop, those who have U in hand will outperform others! So, if you want to survive in the secondary market and achieve your goals, remember to sell some when it rises to your psychological price! Don't sell none, and don't sell everything! If you're holding a long position, that's another matter; don't worry too much about short-term price fluctuations. I see a coin rising to 5 dollars in the future; I won't buy at 1 dollar because the investment return might be worse than Bitcoin and Ethereum. But if it drops to 0.5 and I plan to invest 2000U in it, I would buy 50% of the position, starting with 1000U. Normally, people would buy everything.

Tell a story⚠️

The difference for retail investors in the secondary market is that when prices drop, those who have U in hand will outperform others!
So, if you want to survive in the secondary market and achieve your goals, remember to sell some when it rises to your psychological price! Don't sell none, and don't sell everything!
If you're holding a long position, that's another matter; don't worry too much about short-term price fluctuations.
I see a coin rising to 5 dollars in the future; I won't buy at 1 dollar because the investment return might be worse than Bitcoin and Ethereum.
But if it drops to 0.5 and I plan to invest 2000U in it, I would buy 50% of the position, starting with 1000U. Normally, people would buy everything.
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Bearish
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On October 26, Saturday, Bitcoin midday analysis! ​ From a technical structure perspective, at the four-hour level, the running channel continues to maintain a narrow downward trend, with prices oscillating weakly and continuing to decline, without forming a significant rebound. The volume shows a weak bullish arrangement, and the moving averages consistently trend downward. The short-term cycle still favors a bearish state. At the daily level, the running channel continues to trend downward, with prices maintaining a weak consolidation. In the middle to upper range, after a drop, there has been no effective rebound, and bearish volume continues to decrease. The moving averages have not shown significant upward movement. This week, personally, I still favor a bearish approach first, and whether the market can rebound and recover needs to be followed up after support is established. Personal trading advice for Bitcoin: Short near the 67200 area, targeting 66700-66200. A breakout can continue to look downward!​#加密货币市场持续震荡 #战火将如何牵动加密市场? #Tether否认调查和制裁 #年底牛还熊? #美国大选前行情观察 $BTC $ETH
On October 26, Saturday, Bitcoin midday analysis!

From a technical structure perspective, at the four-hour level, the running channel continues to maintain a narrow downward trend, with prices oscillating weakly and continuing to decline, without forming a significant rebound. The volume shows a weak bullish arrangement, and the moving averages consistently trend downward. The short-term cycle still favors a bearish state.

At the daily level, the running channel continues to trend downward, with prices maintaining a weak consolidation. In the middle to upper range, after a drop, there has been no effective rebound, and bearish volume continues to decrease. The moving averages have not shown significant upward movement. This week, personally, I still favor a bearish approach first, and whether the market can rebound and recover needs to be followed up after support is established.

Personal trading advice for Bitcoin: Short near the 67200 area, targeting 66700-66200. A breakout can continue to look downward!​#加密货币市场持续震荡 #战火将如何牵动加密市场? #Tether否认调查和制裁 #年底牛还熊? #美国大选前行情观察 $BTC $ETH
--
Bullish
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#Tether否认调查和制裁 #年底牛还熊? #战火将如何牵动加密市场? The week is about to come to an end. Looking back at the market fluctuations this week, the market opened on Monday with a comparative defeat, suddenly dropping from the recent high point of 69566, which was close to the 70000 mark, with a decline of over 2700 points. On Tuesday, the market entered a consolidation phase, building momentum; on Wednesday, it adjusted again, reaching this week's low near 65222, then welcoming an opportunity for a rebound. On Thursday, the market continued to oscillate upward, however, by early Friday, the bullish forces began to show signs of fatigue, and after several efforts, it still failed to break through the previous high point. Late Friday night, the bearish forces suddenly surged, but the strong support at 66500 made it difficult for the comparison to continue to dive, ultimately finding support at 65557, and embarking on another rebound journey. The technical structure maintains its original focus, and the weekend is expected to still exhibit a pattern of repeated fluctuations. After the continued descent from Friday to Saturday, the support level has been clearly established, and the main theme moving forward will be a rebound. After the bullish forces build up for a rebound, they will enter an adjustment phase, with the daily chart presenting a solid form of double-bottom testing, indicating that a new round of upward momentum will unfold around the 67000 level. With the weekend holiday coming to an end, the overall layout will largely revolve around a bullish trend. The suggestion for Bitcoin is to buy near 66900-66700 with a target of 68000. The suggestion for Ethereum is to buy near 2450-2430 with a target of 2550.
#Tether否认调查和制裁 #年底牛还熊? #战火将如何牵动加密市场? The week is about to come to an end. Looking back at the market fluctuations this week, the market opened on Monday with a comparative defeat, suddenly dropping from the recent high point of 69566, which was close to the 70000 mark, with a decline of over 2700 points. On Tuesday, the market entered a consolidation phase, building momentum; on Wednesday, it adjusted again, reaching this week's low near 65222, then welcoming an opportunity for a rebound. On Thursday, the market continued to oscillate upward, however, by early Friday, the bullish forces began to show signs of fatigue, and after several efforts, it still failed to break through the previous high point. Late Friday night, the bearish forces suddenly surged, but the strong support at 66500 made it difficult for the comparison to continue to dive, ultimately finding support at 65557, and embarking on another rebound journey.

The technical structure maintains its original focus, and the weekend is expected to still exhibit a pattern of repeated fluctuations. After the continued descent from Friday to Saturday, the support level has been clearly established, and the main theme moving forward will be a rebound. After the bullish forces build up for a rebound, they will enter an adjustment phase, with the daily chart presenting a solid form of double-bottom testing, indicating that a new round of upward momentum will unfold around the 67000 level. With the weekend holiday coming to an end, the overall layout will largely revolve around a bullish trend.

The suggestion for Bitcoin is to buy near 66900-66700 with a target of 68000.

The suggestion for Ethereum is to buy near 2450-2430 with a target of 2550.
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Former Federal Reserve Governor Kevin Warsh criticized the Federal Reserve's recent decision to cut interest rates by 50 basis points, arguing that the Fed's rate-cutting decision contradicts previous policy statements and lacks data support. Investor expectations for a rate cut by the Federal Reserve have cooled, leading to a severe sell-off in the U.S. bond market, with yields on 2-year, 5-year, 10-year, and 30-year U.S. Treasuries rising across the board this week. Analysts point out that the variables surrounding the Fed's rate-cut outlook are increasing, and U.S. inflation is expected to accelerate again, as reflected in the next data.
Former Federal Reserve Governor Kevin Warsh criticized the Federal Reserve's recent decision to cut interest rates by 50 basis points, arguing that the Fed's rate-cutting decision contradicts previous policy statements and lacks data support. Investor expectations for a rate cut by the Federal Reserve have cooled, leading to a severe sell-off in the U.S. bond market, with yields on 2-year, 5-year, 10-year, and 30-year U.S. Treasuries rising across the board this week. Analysts point out that the variables surrounding the Fed's rate-cut outlook are increasing, and U.S. inflation is expected to accelerate again, as reflected in the next data.
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学良的交易日记
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Bullish
October 27 Early Thoughts
Bitcoin this week has seen a washout of both long and short positions, much like the waves sifting sand, eliminating a large portion of retail investors; it truly is survival of the fittest. This morning, the market experienced a deep decline due to the effects of the conflict, but then returned to calm, showing a sideways trend. It is expected that there won't be significant fluctuations in the market, and we will see how next week's market develops. From a weekly perspective, there was intense competition around the mid-band area in the previous price movements, ultimately leading the bulls to push up with a large bullish candle that opened the upward channel, forming a significant bullish pattern. However, this rise did not break through the previous high of 70,000, and subsequently, there was a bearish K-line pullback, indicating signs of stagnation in the short term. But from a longer-term perspective, the overall market still shows an upward trend, with no strong reversal signals; the current short-term pullback is just a normal correction after the rise, so the overall direction remains bullish. On the daily chart, the Bollinger Bands are moving upward, and the price has retreated after a previous high, but the overall structure is not significantly affected, with strong support in the mid-band area. The MACD indicator shows gradually weakening volume, and the KDJ three lines are diverging downward, indicating a short-term need for a pullback. Currently, on the daily chart, support is at 65,000, and resistance is in the 70,000 area. In terms of operations, one can first pay attention to the pullback situation and consider going long after obtaining support.

Bitcoin: 66,200-66,700 long. Target 67,300-67,800
Ethereum: 2,420-2,460 long. Target 2,510-2,550
#Tether否认调查和制裁 #年底牛还熊? #战火将如何牵动加密市场? #加密货币市场持续震荡 #ETHBTC汇率新低 $BTC
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Bitcoin plummeted! 140,000 people were liquidated!Yesterday, the cryptocurrency market experienced a sudden and sharp drop, with Bitcoin falling from $68,770 to $65,966, a daily drop of 4.6%, and Ethereum plummeting by 7.1%. According to statistics, this market turmoil caused a total of 138,987 people to be liquidated, with a total liquidation amount of up to $389 million. So, what are the reasons behind this market crash? First, Tether, the largest stablecoin by market value, was investigated by Manhattan federal prosecutors for suspected money laundering and sanctions violations. The news quickly spread within the crypto market, causing widespread concern in the market. Although Tether quickly refuted this, calling it an unconfirmed claim and stating that it was actively cooperating with law enforcement agencies to prevent its stablecoin from being abused, the panic in the market has been difficult to calm down. This incident became the fuse for the crypto market to plummet, and investors chose to withdraw from the market to avoid potential losses.

Bitcoin plummeted! 140,000 people were liquidated!

Yesterday, the cryptocurrency market experienced a sudden and sharp drop, with Bitcoin falling from $68,770 to $65,966, a daily drop of 4.6%, and Ethereum plummeting by 7.1%. According to statistics, this market turmoil caused a total of 138,987 people to be liquidated, with a total liquidation amount of up to $389 million. So, what are the reasons behind this market crash?

First, Tether, the largest stablecoin by market value, was investigated by Manhattan federal prosecutors for suspected money laundering and sanctions violations. The news quickly spread within the crypto market, causing widespread concern in the market. Although Tether quickly refuted this, calling it an unconfirmed claim and stating that it was actively cooperating with law enforcement agencies to prevent its stablecoin from being abused, the panic in the market has been difficult to calm down. This incident became the fuse for the crypto market to plummet, and investors chose to withdraw from the market to avoid potential losses.
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BTC weekly level, there are twelve hours left to close the week. Currently, it looks like this week is a breakout flag pattern retesting the trend line. It has been previously mentioned that if Bitcoin's weekly line stabilizes after the retest, it is expected to reach 100,000 USD. If it's a false breakout, a retest is expected to around 50,000, which is a precaution we need to take; even if there's a pullback, we should have an idea of where it might go. BTC daily level has gone through a two-phase pullback breakout of the flag pattern, with an equal distance price rise of at least 73,000. The four-hour level also shows a small flag pattern, and if it breaks out, the equal distance rising price is around 75,000. Currently, from the BTC daily level and the four-hour information, it tells us that Bitcoin is currently only in a pullback; this wave of increase has not finished yet, which is also the basis for my recent insistence on buying below. Why haven't I posted Bitcoin analysis in the last two days? I've mentioned the two levels of 66,500 and 65,400 many times. The breakout and retest at 67,800 have also been pointed out. You can see that Bitcoin has broken through 67,800 twice and could not hold during the retest; this wave of decline can also be caught at 66,500 and 65,400. Next, pay attention to the third breakout at 67,800. If it breaks upward with volume, breaking through the upper boundary of the box and the descending trend line, the retest will be an entry opportunity. If it doesn't break, then close the contracts or reduce the spot holdings and go back to buy at 66,500 and 65,400. Follow Yi Ming for more first-hand information. #Tether否认调查和制裁 #年底牛还熊? #战火将如何牵动加密市场? #加密货币市场持续震荡 #ETHBTC汇率新低 $BTC {future}(BTCUSDT) $ETH
BTC weekly level, there are twelve hours left to close the week. Currently, it looks like this week is a breakout flag pattern retesting the trend line. It has been previously mentioned that if Bitcoin's weekly line stabilizes after the retest, it is expected to reach 100,000 USD. If it's a false breakout, a retest is expected to around 50,000, which is a precaution we need to take; even if there's a pullback, we should have an idea of where it might go.
BTC daily level has gone through a two-phase pullback breakout of the flag pattern, with an equal distance price rise of at least 73,000. The four-hour level also shows a small flag pattern, and if it breaks out, the equal distance rising price is around 75,000. Currently, from the BTC daily level and the four-hour information, it tells us that Bitcoin is currently only in a pullback; this wave of increase has not finished yet, which is also the basis for my recent insistence on buying below.
Why haven't I posted Bitcoin analysis in the last two days? I've mentioned the two levels of 66,500 and 65,400 many times. The breakout and retest at 67,800 have also been pointed out. You can see that Bitcoin has broken through 67,800 twice and could not hold during the retest; this wave of decline can also be caught at 66,500 and 65,400. Next, pay attention to the third breakout at 67,800. If it breaks upward with volume, breaking through the upper boundary of the box and the descending trend line, the retest will be an entry opportunity. If it doesn't break, then close the contracts or reduce the spot holdings and go back to buy at 66,500 and 65,400.
Follow Yi Ming for more first-hand information.
#Tether否认调查和制裁
#年底牛还熊?
#战火将如何牵动加密市场?
#加密货币市场持续震荡
#ETHBTC汇率新低
$BTC
$ETH
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Bitcoin Trend Analysis: $66,500 Threshold, Can Bulls Continue to Dominate the Situation? Bitcoin has been continuously solidifying its position 'above all key moving averages.' Analysts point out that as long as the price remains above $66,500, bulls will firmly control the market situation. Analysts from the cryptocurrency exchange Kraken stated in their market report on October 26: 'This breakout indicates that bulls have taken the initiative, and the trend should remain positive.' Future Price Outlook: Potential to Challenge Historical Highs If Bitcoin can maintain above $66,500, the next target will be to challenge the historical high of $73,679. Analysts noted: 'Successfully breaking through this level could provide a good opportunity for a new round of price discovery and further increases.' However, recent market volatility has intensified, with Bitcoin dipping to $65,700 on October 25. Analysts attribute this to uncertainty in the crypto industry and heightened tensions in the Middle East. Trader Hardy mentioned on platform X: 'The decline in Bitcoin reflects the FUD around Tether and reactions to news of the Israel-Iran war.' Bearish Engulfing Pattern and Technical Indicator Analysis It is noteworthy that concerns about Bitcoin forming a bearish engulfing pattern are increasing in the market. Historical data shows that each time this pattern approaches a peak, it leads to significant pullbacks. The Relative Strength Index (RSI) indicates that Bitcoin is moving away from overbought territory, which may suggest it will face consolidation or a slight pullback in the short term. In this uncertain market environment, investors need to remain vigilant and closely monitor changes in technical indicators to formulate reasonable trading strategies. Follow Lao Lin, and let's delve deep into market trends together to seize every investment opportunity! #加密货币市场持续震荡 #年底牛还熊? #战火将如何牵动加密市场? #美国大选前行情观察 #牛市赛道是那条? $BTC $ETH $BNB
Bitcoin Trend Analysis: $66,500 Threshold, Can Bulls Continue to Dominate the Situation?
Bitcoin has been continuously solidifying its position 'above all key moving averages.' Analysts point out that as long as the price remains above $66,500, bulls will firmly control the market situation. Analysts from the cryptocurrency exchange Kraken stated in their market report on October 26: 'This breakout indicates that bulls have taken the initiative, and the trend should remain positive.'
Future Price Outlook: Potential to Challenge Historical Highs
If Bitcoin can maintain above $66,500, the next target will be to challenge the historical high of $73,679. Analysts noted: 'Successfully breaking through this level could provide a good opportunity for a new round of price discovery and further increases.'
However, recent market volatility has intensified, with Bitcoin dipping to $65,700 on October 25. Analysts attribute this to uncertainty in the crypto industry and heightened tensions in the Middle East. Trader Hardy mentioned on platform X: 'The decline in Bitcoin reflects the FUD around Tether and reactions to news of the Israel-Iran war.'
Bearish Engulfing Pattern and Technical Indicator Analysis
It is noteworthy that concerns about Bitcoin forming a bearish engulfing pattern are increasing in the market. Historical data shows that each time this pattern approaches a peak, it leads to significant pullbacks. The Relative Strength Index (RSI) indicates that Bitcoin is moving away from overbought territory, which may suggest it will face consolidation or a slight pullback in the short term.
In this uncertain market environment, investors need to remain vigilant and closely monitor changes in technical indicators to formulate reasonable trading strategies. Follow Lao Lin, and let's delve deep into market trends together to seize every investment opportunity!
#加密货币市场持续震荡 #年底牛还熊? #战火将如何牵动加密市场? #美国大选前行情观察 #牛市赛道是那条? $BTC $ETH $BNB
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Bullish
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The price of Bitcoin (BTC) has experienced a significant drop due to the investigation of the largest stablecoin issuer, USDT, by the U.S. Department of Justice. This situation has occurred multiple times in the past, usually resulting in a short-term price decline, but it does not alter the long-term upward trend. As retail investors, we can only accept such sudden events and patiently wait for the market to stabilize. Recent daily charts of Bitcoin show a double-top formation, with the current important support level around $65,000. Nevertheless, the moving average support on the four-hour chart remains strong, indicating a possibility of a rebound. However, overall, the daily level bottoming process is not yet complete, and the short-term strategy remains focused on short positions. Some analysts believe that Bitcoin is likely to set a new historical high in the future, with the new high expected to be between 77,000 and 80,000 points. Although there are significant bullish and bearish divergences in the current market, if a large bullish candlestick appears, the market will be unstoppable. Of course, this prediction also carries certain risks, as market trends are full of uncertainties. Regarding Ethereum (ETH), some viewpoints suggest that its market capitalization may drop to one-tenth of Bitcoin in the coming years. Historically, other previously high-ranking cryptocurrencies like XRP and BCH saw their market capitalizations significantly shrink after experiencing bear markets, failing to return to previous peaks. Therefore, ETH may also face a similar situation, especially in this cycle where many investors are blindly optimistic about ETH's performance. The behavior of institutional investors is worth noting; whether Bitcoin's price rises or falls, they continue to buy in. This means that ordinary investors can follow the lead of institutions without overly worrying about short-term fluctuations. Many people anticipate the arrival of a major upward wave after the U.S. elections, at which point Bitcoin may experience greater gains. #美国大选前行情观察 #加密货币市场持续震荡 #战火将如何牵动加密市场? #比特币挖矿难度创历史新高 #牛市赛道是那条?
The price of Bitcoin (BTC) has experienced a significant drop due to the investigation of the largest stablecoin issuer, USDT, by the U.S. Department of Justice. This situation has occurred multiple times in the past, usually resulting in a short-term price decline, but it does not alter the long-term upward trend. As retail investors, we can only accept such sudden events and patiently wait for the market to stabilize.
Recent daily charts of Bitcoin show a double-top formation, with the current important support level around $65,000. Nevertheless, the moving average support on the four-hour chart remains strong, indicating a possibility of a rebound. However, overall, the daily level bottoming process is not yet complete, and the short-term strategy remains focused on short positions.
Some analysts believe that Bitcoin is likely to set a new historical high in the future, with the new high expected to be between 77,000 and 80,000 points. Although there are significant bullish and bearish divergences in the current market, if a large bullish candlestick appears, the market will be unstoppable. Of course, this prediction also carries certain risks, as market trends are full of uncertainties.
Regarding Ethereum (ETH), some viewpoints suggest that its market capitalization may drop to one-tenth of Bitcoin in the coming years. Historically, other previously high-ranking cryptocurrencies like XRP and BCH saw their market capitalizations significantly shrink after experiencing bear markets, failing to return to previous peaks. Therefore, ETH may also face a similar situation, especially in this cycle where many investors are blindly optimistic about ETH's performance.
The behavior of institutional investors is worth noting; whether Bitcoin's price rises or falls, they continue to buy in. This means that ordinary investors can follow the lead of institutions without overly worrying about short-term fluctuations. Many people anticipate the arrival of a major upward wave after the U.S. elections, at which point Bitcoin may experience greater gains.
#美国大选前行情观察 #加密货币市场持续震荡 #战火将如何牵动加密市场? #比特币挖矿难度创历史新高 #牛市赛道是那条?
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Once the turbulence ends, a rapid and intense market will follow! The next two weeks are likely to be the most volatile period of the year, here are the events worth paying attention to: October 29: U.S. job vacancies data (an important reference for measuring unemployment rate) October 30: U.S. GDP growth rate, ADP (small non-farm data), earnings reports from Google and ADM October 31: Japan's interest rate decision, U.S. PCE (including weekly unemployment claims), earnings reports from Microsoft and META November 1: U.S. non-farm data and unemployment rate, earnings reports from Apple, Amazon, and Microsoft November 5: U.S. elections November 7: Federal Reserve meeting (November 6-7) These events may have a significant impact on the market and are worth close attention. #PCE、非农数据来袭 #TIA、SUI、OP大额解锁 #战火将如何牵动加密市场? #加密货币市场持续震荡
Once the turbulence ends, a rapid and intense market will follow!

The next two weeks are likely to be the most volatile period of the year, here are the events worth paying attention to:

October 29: U.S. job vacancies data (an important reference for measuring unemployment rate)

October 30: U.S. GDP growth rate, ADP (small non-farm data), earnings reports from Google and ADM

October 31: Japan's interest rate decision, U.S. PCE (including weekly unemployment claims), earnings reports from Microsoft and META

November 1: U.S. non-farm data and unemployment rate, earnings reports from Apple, Amazon, and Microsoft

November 5: U.S. elections

November 7: Federal Reserve meeting (November 6-7)

These events may have a significant impact on the market and are worth close attention.

#PCE、非农数据来袭 #TIA、SUI、OP大额解锁 #战火将如何牵动加密市场? #加密货币市场持续震荡
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Seeing a bunch of people rushing over to recommend wealth codes to help you turn your fortune around Block them all!!! Who in the world will take you to make money for free? Those who take you to make money are all there to take your money. I've been in the crypto world for 9 years and have never seen anyone get rich by following others to trade contracts. My advice: Work to pay off debts, stay away from the crypto world. Brother, it's 2024, and you're still thinking about trading contracts? That's asking for trouble. Contracts are just a scam. Clearly a scam, yet you foolishly rush in, too stupid. Contracts are just a scam. Contracts mean betting on price increases or decreases. Trading contracts = a sudden death. Those who claim to be experts at trading contracts are either fools or frauds, and it seems that the latter are more common. Under the dog food scattered by some, countless people transformed into so-called contract gods, starting their path of fraud. They share their freshly made-up stories on the internet, tricking novice newcomers into entering and taking over the losses...... Why do I say contracts are a scam? Because of certain individuals, project parties can draw K-lines as they please, how to do it? No matter how good your skills are, or how amazing your analysis is, you can't figure out who is the market maker this time, how the exchange draws K-lines, and why? Because there are no patterns to follow, those images that try to deceive you, promoting getting rich from contracts, boasting about how great they are, are basically all fraudsters. Wake up, there's no way out. Follow me for the most genuine and free strategy sharing online; I currently multiply my investment about tenfold in a month, sharing for free; I'm waiting for you in the circle $USDC $BTC $ETH #战火将如何牵动加密市场? #ETHBTC汇率新低 #加密货币市场持续震荡
Seeing a bunch of people rushing over to recommend wealth codes to help you turn your fortune around
Block them all!!!

Who in the world will take you to make money for free? Those who take you to make money are all there to take your money.

I've been in the crypto world for 9 years and have never seen anyone get rich by following others to trade contracts.

My advice: Work to pay off debts, stay away from the crypto world.

Brother, it's 2024, and you're still thinking about trading contracts? That's asking for trouble.

Contracts are just a scam.

Clearly a scam, yet you foolishly rush in, too stupid.

Contracts are just a scam.

Contracts mean betting on price increases or decreases.

Trading contracts = a sudden death.

Those who claim to be experts at trading contracts are either fools or frauds, and it seems that the latter are more common.

Under the dog food scattered by some, countless people transformed into so-called contract gods, starting their path of fraud.

They share their freshly made-up stories on the internet, tricking novice newcomers into entering and taking over the losses......

Why do I say contracts are a scam?

Because of certain individuals, project parties can draw K-lines as they please, how to do it?

No matter how good your skills are, or how amazing your analysis is, you can't figure out who is the market maker this time, how the exchange draws K-lines, and why?

Because there are no patterns to follow, those images that try to deceive you, promoting getting rich from contracts, boasting about how great they are, are basically all fraudsters.

Wake up, there's no way out.
Follow me for the most genuine and free strategy sharing online; I currently multiply my investment about tenfold in a month, sharing for free; I'm waiting for you in the circle $USDC $BTC $ETH #战火将如何牵动加密市场? #ETHBTC汇率新低 #加密货币市场持续震荡
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$SOL {spot}(SOLUSDT) sol has returned to the long-lost 180. This is also the long-term currency that I have been holding. Before, there was a brother who talked about whether to run. Is that brother still here? Your goal has been reached, but it has not reached my goal. It’s better not to move. Brothers, the spot is still held for a long time. #战火将如何牵动加密市场? #ETHBTC汇率新低
$SOL
sol has returned to the long-lost 180. This is also the long-term currency that I have been holding. Before, there was a brother who talked about whether to run. Is that brother still here? Your goal has been reached, but it has not reached my goal. It’s better not to move. Brothers, the spot is still held for a long time. #战火将如何牵动加密市场? #ETHBTC汇率新低
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