Daily Market Analysis (11.05)
Summary:
1. U.S. stocks are rising before the market opens, but there likely won't be significant movements today; a high opening followed by a low close with a slight gain is probable.
2. Regardless of Harris or Trump, a breakthrough of ATH at 73800 before the end of the year is highly likely. It will only influence short-term trends.
3. For the main players, liquidity is the most important.
4. Regarding the peak of the A-shares.
5. Currently, this 1-hour level upward trend is expected to continue until tomorrow noon, followed by another 1-hour level downward trend, reaching the early morning of the 8th.
6. The election of Harris and Trump will have a significant impact on how this 1-hour level downward trend unfolds.
7. Due to the ongoing voting, the probability of positive news turning negative is high. The turning point should be the interest rate meeting in the early morning of the 8th (remember to stay up late).
Operations:
Medium-term:
1. Close all short positions for $BTC at around 65000. Close all short positions for $ETH at around 2280. Close all short positions for $SOL at around 148.
Short-term:
1. Short Bitcoin at 69888, short Ethereum at 2488, short SOL at 165.5. Targets are the same.