Macro level: From October 19 to November 4, the US states are voting one after another, and there are no particularly important financial events before the end of this month. Although there are news about Israel, Iran and Taiwan, it is highly unlikely that there will be trouble during the critical period of the US internal election, as that would be too disrespectful to the world leader.

From the technical perspective, Bitcoin has broken through M200 and has basically stabilized. It has introduced a six-month oscillating downward trend, and then turned around and began to oscillate or rise. From the comprehensive evaluation of the market data, on-chain data, etc., it will oscillate at a high level and then break a new high next week (possibly on the 21st), and then it will oscillate back. Then there will be a wave of market conditions in the altcoin market, which will probably last until November 4th.



Market data: In this round of market, the main force of the futures contract is the big cake, and the spot trading is constantly shipping (to ETFs). The selling pressure on October 14 has passed, and the weekend is relatively stable.

ETF & On-chain Data: ETF institutions continue to buy, with more than 1 billion USD in recent days. Grayscale started buying Bitcoin on three rare days this week, after previously selling all the time.

The on-chain Bitcoin whales are still building positions in a relatively intensive manner, indicating that the real main players are still quite willing.

Finally, let's talk about metaphysics. Using the moon phase indicator to trace back the key nodes of the market in the first half of this year, the results are surprisingly consistent. If you use this moon phase to perform swing trading, you can avoid many pitfalls. The blue dot represents the new moon, and the white dot represents the full moon. Generally, the market will rise and fluctuate after the full moon, and fall after the new moon.

Since October 17th, it is in the full moon cycle, so the probability of volatility or upward movement in the near future is very high.

Finally, let's use digital metaphysics to predict the day when the big pie will break a new high.

Last high point 73777

7+3=10

7+7+7=21

October 21st is a new high for the market!!!

DYOR