On Tuesday (October 29), during the early Asian market session, BTC broke through the peak of Wave 3, currently quoted at 71,000 points. The volume shows a bullish expansion posture, U.S. Treasury yields are rising, and the dollar remains strong, while investors are waiting for a series of significant U.S. economic data and risk events to be announced this week for clues about the Fed's interest rate outlook. However, the uncertainty of the U.S. election and concerns about geopolitical situations still provide safe-haven support for BTC.



As the November 5 U.S. elections approach, Vice President Harris and former President Trump are engaged in fierce battles to win some of the more competitive states.

The market is also awaiting a series of data this week, including Wednesday's ADP employment data, U.S. Q3 GDP data, Thursday's U.S. personal consumption expenditure data, and Friday's employment report.

Today's trading day will see the release of the U.S. September JOLTs job openings data, which investors need to pay close attention to.

Iran has stated it will not give up its right to respond to Israel's "aggression."


Iranian Foreign Ministry spokesman Baghaei stated at a press conference on the 28th that Iran will not give up its right to respond to Israel's "aggression" against its territory.

Baghaei pointed out that responding to Israel's attacks is the right and responsibility of the Iranian government. According to international law, any country that suffers aggression and illegal military strikes has this right. Regardless of the outcome of negotiations and discussions, Iran will "resolutely respond in an appropriate manner" to Israel, which will be determined by the national armed forces and relevant authorities.

Baghaei also said that the U.S.'s unlimited support has emboldened Israel to continue committing "crimes" in the West Asian region. He called on U.S. officials to stop providing weapons, intelligence, and political support to Israel, rather than urging other countries to show restraint.

The Israeli Defense Forces stated on the 26th that the IDF has completed "precise and targeted strikes" on multiple military targets in Iran. The Iranian military stated on the same day that they successfully defended against Israeli attacks, with "limited losses" caused by IDF actions.

The dollar index has recorded the largest monthly increase since 2022.


Driven by strong signs of the U.S. economy, expectations have arisen that its policy may delay interest rate cuts, leading the dollar to achieve the largest monthly increase against a basket of major currencies in two and a half years.

The dollar index rose 3.6% in October, reaching 104.46, the largest monthly increase since April 2022. The dollar index fluctuated at high levels on Monday, closing at 104.31 points, close to flat.


The historical high of 73,000 will certainly be reached, and perhaps even higher positions will be tested. Those who have traded foreign exchange know that international gold has also been in a long-term fluctuation, eventually breaking through the high point and continuously creating new highs. Do not short at resistance levels; in the face of overall market bullish sentiment, it is all illusory. Trust what you see with your own eyes, do not believe what others say. This round still focuses on the MEME sector: doge, neiroeth, turbo neiro, babydoge. Then: people. Do not waste time on coins without hotspots or speculation space.

#你问我答 #BinanceBlockchainWeek #比特币布林带收窄至低水平 #phantom钱包宕机 #BTC可以站稳7W吗