Bitcoin (BTC) reached a new high yesterday, hitting $76,900, closing slightly up by 0.37%, but high-level pressure is evident.

Ethereum (ETH) has seen consecutive rebounds over the past two days, climbing to $2,916 yesterday and briefly surging to $2,950 today, but is currently showing some fatigue.

Dogecoin (DOGE) has tested $0.22 multiple times over the past three trading days, but has been continuously suppressed by resistance at $0.1997, failing to break through.

BNB is also facing resistance, encountering strong pressure at $598.7. Although Solana (SOL) reached a new high of $201.26, it subsequently followed the broader market downward.

Currently, under the favorable influence of the election, the overall upward trend in the cryptocurrency market has slowed, showing signs of stagnation. Investors should remain rational, closely monitor market dynamics, and be aware of the risk of pullbacks.

I am a long-term bear; if you currently don't know how to position yourself, feel free to reach out to me for a discussion!

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