Today is Sunday. Why hasn't there been a major drop today, and why is the volatility so high? Usually, the market fluctuates very little on weekends, but the reason is that there are only two days until the election. Both candidates are not resting and are making their final efforts. The weekend market certainly won't take a break and has to plan for the 5th.
Let's talk about BTC first. BTC has been dropping since yesterday. Many people might think there will be a rise today, and quite a few people must be going long! From the daily chart perspective, a shooting star has formed at the high, and yesterday closed with a doji. Today should close with a big bearish candle, so as long as it breaks 68400, it will go to 67740 and 67150. It's still advisable to short at high points. The resistance levels are 68700, 69200, and 71000.
ETH is currently correcting and starting to consolidate sideways. There is likely to be a downward trend after around 2 PM, with support levels at 2420, 2400, 2380, and 2350. If it pulls back to a high point, it can be shorted. Be cautious of any sudden spikes in the evening.
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