Midnight Silk Road
From the perspective of the daily chart structure, the market continues to dive, showing a trend of pullback, with K-lines closing in the red for five consecutive days. Before the U.S. election, there will inevitably be a wave of pullback in the market. In my opinion, after the rebound, one can operate around the pullback situation related to the Silk Road. For those who do not have a trading direction, a conservative approach is to pay attention to Yunheng, who will share content related to Silk Road and Bujv occasionally.
This week, the results of the U.S. election are about to be announced, and this election will indirectly bring uncertainty to the cryptocurrency market, which is enough to indicate its significant impact. Recently, at the beginning, Trump's approval rating was high, but as the election progressed, Harris's winning probability continued to rise. This also demonstrates how quickly the cryptocurrency market has reversed recently; it truly changes in an instant.
Midnight Suggestions:
For Bitcoin, near 69100, aim for 67000.
For Ethereum, near 2490, aim for 2400.
