Bitcoin election hits 75000! Weekly candle breaks through the sky!
#你问我答 #美国大选后行情预测 Recently, Bitcoin surged to around 73600 before pulling back to around 68000 and starting to gradually rebound. This week, it is expected to challenge the previous high again. Focus on the US election; if Trump loses, undoubtedly, 73600 will be the peak. This year breaking the previous high is unlikely, everyone can just go with the trend when the time comes!!!@币安Binance华语 Ethereum is relatively weak compared to Bitcoin. When Bitcoin hit 73000 in March, Ethereum had already broken 4000. In comparison this time, with Bitcoin at 73000, Ethereum is around 2700, so Ethereum may catch up and return above 3000 in the future!#美国大选后涨或跌?
Will Bitcoin hit a new low today after the non-farm data release?
The special coin surged, currently facing the previous high pressure at 73700, and after being blocked, it has retraced to the current low point near 69650. Will there be another wave of increase after 8:30 tonight...? According to the current market analysis, the situation is not very promising. Tonight at 8:30, non-farm payroll data, the results of the U.S. presidential election on November 5, and the Federal Reserve's interest rate decision meeting on November 8.
From a technical perspective on Bitcoin, the weekly level head gap at 72000 needs to break through to touch the previous high and retrace. Thus, the overall oscillation Bitcoin is experiencing now may be a large-scale head and shoulders left shoulder, potentially forming a new large-scale head. Currently, the trend support between 38500 and 49000 has gradually risen to around 54500 over time.
BTC spot large holders are bottom fishing over $46 million, this chip peak support is very critical.
BTC spot large holders are bottom fishing over $46 million, this chip peak support is very critical. Multiple ETFs such as FBTC and ARKB are experiencing capital outflow, with BTC breaking below the $70,000 threshold. According to large order statistics, spot large holders bottom-fished $46.65 million at an average price of $69,422.5 below $70,000. Pay close attention to the chip peak support at $68.870; if it holds, the price will test the EMA24 moving average resistance (point: $70.330). The further support lies at $67.655.@币安Binance华语 #市场关注美国非农数据 #你问我答 #11月市场预测 Reminder: The chip peak support at $68.880 is also near the EMA52 moving average in the 6H cycle, which is very critical. Pay close attention to the closing situation of this cycle! More observation leads to more practice, allowing wealth to grow continuously.
The United States will announce non-farm data tonight at 20:30. Please pay attention to market fluctuations.
The United States will announce non-farm data tonight at 20:30. Please pay attention to market fluctuations#市场关注美国非农数据 Tonight at 20:30 (UTC+8), the United States will release the October non-farm data. The market expects an increase of 115,000 non-farm jobs, lower than the previous value of 250,000. 40,000 people; the unemployment rate is expected to be 4.1%, unchanged from the previous value. Currently, the market has very high expectations for the Federal Reserve to cut rates by 25 basis points in November. If this non-farm data is unexpectedly weak, the interest rate market will reassess a 50 basis point rate cut by the Federal Reserve. There will be significant market fluctuations before and after the data is released. Please manage your risk well!#你问我答
BTC is approaching new highs, with a record single-day inflow of $890 million into ETFs. Still optimistic about BTC's market, aiming for new highs. Analysis and judgment: Optimistic about BTC's market, aiming for new highs. The validity period of this analysis is 1 day. Reference for buy and sell points: All analysis content is for reference only and does not constitute any investment advice. Please do not trade based on this. Personal views are for reference only. Refer to the market situation for re-analysis before placing orders. Control your position and set stop-loss and take-profit levels to avoid the pain caused by market manipulation and sudden price spikes. Do not place orders blindly. Always ask yourself why you are placing an order, and what your reasoning is. Can you bear the stop-loss point? If not, do not hold on to losing positions; cut losses in time. Do not chase prices or panic sell.
Daily Market Analysis #ETH 10.31 Chart One: Daily Chart 1) Here it is still looking at the bearish order block test on D1, a breakthrough is needed to see ETH strengthen, after the breakthrough the first target is 3100. 2) ETH is oscillating very standardly, a pullback to 2550 is still a buying opportunity. Chart Two: Hourly Chart 1) ETH was plundering upwards again yesterday, currently there is a structural damage on M15, so I am looking for a price reaction on the bullish order block on H1, here I am accumulating to go long, stop loss if it breaks down. 2) If it breaks below the bullish order block on H1, then we need to pay attention to any damage on the hourly level during the pullback, and we might need to focus on buying around 2550.
#美国大选后行情预测 The prospect of Trump being re-elected as President of the United States has stimulated the country's stock market, but according to strategists at Citigroup, it would be time to exit if the Republican Party wins decisively. Trump's victory is often seen as favorable for the stock market, as his proposal to cut corporate taxes is expected to boost corporate performance. However, Citigroup strategists believe that the 'near-frenzied sentiment' that has driven the S&P 500 index to rise for six consecutive months indicates that it is time for a pullback.#你问我答 $BTC $
#你问我答 Since Bitcoin surged to around 73500, it has retraced, with the maximum retracement around 71000. Currently, it looks like the 4-hour chart is forming a small triangle oscillation. This morning, it touched the triangle resistance and began to retrace, with the lower triangle support at around 69000. The recent market still needs to continue washing out positions, and as we get closer to the US presidential election date, there will definitely be a major washout. Additionally, the Federal Reserve is expected to cut interest rates again in November. In the face of favorable news, the market will continue to wash out positions; currently, the market is still very heavy and it is difficult to start a rally from this position. My personal view is to continue oscillating and avoid chasing short or long positions.
If Trump is elected, will Bitcoin break through the 100,000 mark?
#你问我答 On October 30th, BTC briefly broke through 73,000 USD. The current market is completely the opposite of what the old timers used to joke about, saying 'it always drops during meetings.' This second half of the year has been breaking through bottlenecks all the way. I just don't know if it's heading towards 80,000 or 180,000.$BTC
BTC is infinitely close to new highs, with ETF setting a record daily inflow of 870 million USD, please enjoy the surge market.
#你问我答 BTC is infinitely close to new highs, with ETF setting a record daily inflow of 870 million USD, please enjoy the surge market. Analysis Judgment: Optimistic about BTC hitting new highs The validity period of this analysis is 1 day, buy and sell points for reference: all analysis content is for reference only and does not constitute any investment advice, please do not trade based on this. Buy Point One: 71000 USDT Buy Point Two: 70000 USDT Long Position Stop Loss Point: 69500 USDT Sell Point One: 73000 USDT Sell Point Two: 74000 USDT Short Position Stop Loss Point: 74500 USDT $BTC
The Bitcoin price remains high throughout the day, and it seems this breakout with a trading volume of 70,000 is indeed exceptionally strong. The overall direction is still to buy on dips, which is not a big issue. Currently, the breakout adjustment sentiment of Bitcoin has not yet appeared, so it’s highly likely that Bitcoin is heading towards the high point reached in mid-March to form a double top structure (estimated around 73,000). Subsequently, once the double top forms, the market will undergo a technical adjustment. As for this absolute one-sided market, it's estimated that it will pull to the top and then make a retreat adjustment. From a technical perspective, there is a severe breach of the indicator gap, so the subsequent timeframe will be pushed to tomorrow's daily update (probably between 8 AM and 12 PM).
I just saw a joke that said BTC and ETH are only $2,000 away from breaking new highs. I was so depressed while laughing. I can't say too much about ETH. If I say too much, I will cry. #你问我答 Many friends also asked me why I didn’t publish the data analysis of ETH. The main reason is that the on-chain data of ETH is much less meaningful than that of BTC. After all, the main transactions of BTC are on centralized exchanges, so if the data of centralized exchanges is determined, it can be confirmed to be almost certain. #BTC突破7W1 But ETH is not like that. In addition to DEX with a large number of transactions, there are also pledges, re-pledges, cross-chain, cross-chain, etc.... So the complexity of ETH data is much higher than BTC, and the current ETH is not very relevant to data analysis, but more on liquidity and sentiment. Even if the data is good, a tweet may trigger a market crash. So let's focus on BTC, and just look at the ETF data for ETH. [Personal opinion~] @币安Binance华语
BTC breaks through 71,000. How do we find the turning point of the downward trend?
BTC breaks through 71,000. How do we find the turning point of the falling market, that is, the end of a downward trend, when can we really form an upward trend? Finding the turning point is what every trader hopes to find. First, the turning point has the largest space. Second, we are most comfortable in it. Third, of course, it is also the most profitable. Of course, many people in the market, including most traders, may be obsessed with facilitating market predictions. As for predicting the turning point of the market, we often use the support level as the turning point of certain market conditions. We often say that there are lower points after lower points. You think it has reached the bottom, but it still has a bottom. There may be a first bottom, a second bottom, or a third bottom. This may lead to the possibility that you enter the market too early. If you do not manage your position well, or even increase your position against the trend, you will end up with a margin call.
#你问我答 #BTC触及7W Personal Opinion Analysis: ETF inflow of $479 million, the big trend is not over yet, maintaining a bullish viewpoint. ETF significantly inflows $479 million, especially IBIT inflow of $300 million. The market remains very good, continue to be bullish on BTC. Personal Opinion Judgment: The big trend is not over yet, maintaining a bullish viewpoint. The validity period of this analysis is 1 day, reference for buy and sell points: all analysis content is for reference only. Buy Point 1: 70000 USDT Buy Point 2: 69000 USDT Long Stop Loss Point: 68500 USDT Sell Point 1: 72000 USDT Sell Point 2: 73000 USDT Short Stop Loss Point: 73500 USDT
#你问我答 #BTC触及7W Personal analysis: ETFs have received $479 million inflows, and the big market is not over yet. We maintain a bullish view. ETFs have received a large inflow of $479 million, especially IBIT, which has received $300 million inflows. The market is still very good, and we continue to be bullish on BTC. Personal opinion: The big market is not over yet, and I maintain a bullish view The validity period of this analysis is 1 day. Buying and selling point reference: All analysis content is for reference only. Buy point-:70000 USDT Buy point 2: 69000 USDT Long stop loss point: 68500 USDT Selling point 1: 72000 USDT Selling point 2: 73000 USDT Short stop loss point: 73500 USDT $BTC $ETH $BNB