After Trump won the election yesterday, looking back at his crypto-friendly statements at the Bitcoin Conference, it can be expected that his inauguration will bring a series of major benefits to the crypto industry. His earlier promised policies indicate that he will be committed to ending regulatory pressure on the crypto industry, so we can only say that the industry may usher in a wonderful four years.

But even if the ending is good, the process is definitely tortuous. In the early morning, the big cake hit the historical high of 76,400 and then started to fluctuate and step back. The current price is around 74,500. A reversal signal appeared at the 4-hour level. At present, it will fluctuate at a high level. It is not ruled out that it will start to pull back after the Federal Reserve’s interest rate meeting at 3 a.m. tonight. Combined with the low liquidity on the weekend, it is recommended not to chase high intraday operations and pay attention to strong cottages

Focus

Support level 73,400 71,100