The market withstood the German government's continued selling pressure last week, and the basic bottom signal has appeared. In addition, the settlement between the SEC and other crypto projects this year has also begun to inject another signal, such as: Paxos confirmed that the SEC abandoned its investigation into its sister stablecoin BUSD; Stacks infrastructure provider Hiro also announced that the SEC ended its three-year investigation; even earlier this month, a federal court ruling "reaffirmed" ETH's commodity status, etc., all of which are potential positive behaviors at the macro level.

Bitcoin began to rise after Trump's assassination. The market logic is simple. Trump is more likely to be elected. Trump currently supports the crypto industry more strongly, so the market is optimistic about Bitcoin.

At the weekly level, returning to the 60,000 mark, the panic in the market has been released. If the weekly level this week remains above 60,000, then it is basically stable. What I mean by stable is that the market will continue to fluctuate upward, and Q4 will completely explode.

At the daily and 4-hour levels, the market has basically made a V-reversal and has returned to the price when it fell at the beginning of the month. It will fluctuate and adjust subsequently, and then there will be only one direction, up!