Military Advisor's Market Analysis: (Issue 115)

Clearing Chart:

Yesterday's Review: Once the downward trend is formed, it will not end so quickly. In the short term, it will rebound, and in the medium term, it will continue to be bearish. After the rebound, it will continue to clear down, and the next target is 66300.

The market follows expectations, and the short-term rebound will continue to fall, and the target has not been reached.

Today's continuation: Yesterday's strategy, short-term rebound, medium-term bearish target 66300.

Bitcoin K-line:

Yesterday's review: There are currently two ideas, whether the 68830 position can be held, if not, continue to explore 66300-66500, if it can be held, look at the rebound and pay attention to the position near 71000, if it cannot break through, it is a good position to short.

The market was adjusted yesterday: 71500 is a good position to short if it is not broken.

It actually quickly inserted 71632, and then began to plummet to the lowest support level of 68820.

66300-66500 was not completed, and a rebound was expected during the day. The strategy of 1% stop loss for short orders at the high of 71500 was fine and perfectly connected.

Today's operation ideas: Look for a rebound during the day, and pay attention to the high point of 71000 at night. If it does not break, it is the same as yesterday's idea. The high is mainly short and the stop loss is 1%.

Bitcoin ETF:

Today's net outflow was 54.9 million US dollars. BlackRock's big golden dog could not resist the selling and chose to stop.

None was bought, and other ETFs were sold sporadically, and the net inflow for 8 days ended.

Overview of spot Bitcoin ETF in the 43rd week:

Net flow: 2.216 billion US dollars (the fourth week in history) Trading volume: 16 billion US dollars

BlackRock's inflow of funds was 2.145 billion US dollars (the second week in history)

Before the results of the election next Tuesday, ETFs will wait and see, wait for the new president to take office, and formulate their own crypto trading plans for their attitude towards encryption.

It is predicted that the exhaustion of buying will further lead to a downward trend in market volatility.

Positions: The highest position during the day was 42 billion. The market fluctuated up and down last night, and the current position is 40.7 billion. The price yesterday morning was 69,500 and this morning was 69,500, but the position was 1.3 billion US dollars less. Many brothers suffered last night. In an instant, they felt that the 74,000 new high was a violent bull market, and in an instant, it was encrypted and ended.

ETFs began to rest, and there was not much buying in the market. It happened to be stuck on the eve of the election. The market will definitely go up and down like crazy. How much of 40.7 billion will be plugged?

I think 40.7 billion US dollars is too much. This kind of market last night will appear frequently in the next few days.

Until the presidential election begins to show direction.