BTC, there is no pressure above, and no support below. Today is also the last day of this month. From the perspective of the market makers' layout, even if it follows the Nasdaq, in the next two days, it will neither drop significantly nor rise significantly; sideways consolidation is the best approach.
BTC is just 200 points away from a new high. It surged to 73600 last night but couldn't break through, and is now retreating to around 72200. Everyone shouldn't be afraid of its pullback, nor should they guess the peak blindly. If there is an opportunity for a sharp drop, hurry up and add positions. Bitcoin looks quite promising for a breakthrough; once it breaks through and stabilizes at a new high, the secondary market will have to rise.
Once the breakthrough occurs, market confidence can be reignited, and the upward trend will truly begin. The upward trend of BTC is quite evident now, so just continue to buy on dips. The spot market may also be nearing a turning point, and this Friday, important non-farm payroll data will be released. The market is focused on whether the Federal Reserve can cut interest rates in November and December; the probability of no rate cut in November is basically zero, and it ultimately depends on how the non-farm data turns out.
