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October 31 / Altcoins fall but do not rise, daily mental breakdown
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#doge #sol #aave #mask #eth
🔹Cognitive Society comments
On October 30, the Cognitive Society reminded in yesterday's article that Bitcoin's surge does not lead to altcoins rising. If Bitcoin pulls back, altcoins face the risk of a sharp drop.
Bitcoin 70300 is the key support level. If it breaks down with volume, there is a risk of a significant drop due to daily divergence. Currently, the biggest positive is the monthly closing, and Bitcoin's monthly performance is still very strong.
The Cognitive Society believes that as long as Trump is elected President of the United States in November, Bitcoin and the crypto circle should have huge opportunities. Of course, if there is a 25-point rate cut in November, that would be a huge positive, and there may also be another rate cut in December.
#doge #sol #aave #mask #eth
🔹Cognitive Society comments
On October 30, the Cognitive Society reminded in yesterday's article that Bitcoin's surge does not lead to altcoins rising. If Bitcoin pulls back, altcoins face the risk of a sharp drop.
Bitcoin 70300 is the key support level. If it breaks down with volume, there is a risk of a significant drop due to daily divergence. Currently, the biggest positive is the monthly closing, and Bitcoin's monthly performance is still very strong.
The Cognitive Society believes that as long as Trump is elected President of the United States in November, Bitcoin and the crypto circle should have huge opportunities. Of course, if there is a 25-point rate cut in November, that would be a huge positive, and there may also be another rate cut in December.
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