11.7 Perspective

Good morning everyone, I am Xinyi

The election in the beautiful country has concluded, and the reliable candidate's victory is what everyone expected. The bullish sentiment has surged rapidly, and this round of rebound has nearly 10,000 points of space. Both bulls and bears have faced severe washouts. Every time the market faces a turning point, I provide early risk warnings that can be high or low, and reversals can happen at any moment. The market has validated this, and we have repeatedly avoided risks.

The midnight long positions still haven’t been placed; the cryptocurrency is too strong, and there hasn't even been a pullback. It surged up to 764, and it seems there’s a small pullback currently as it pauses at the highs. The liquidity is sufficient to support the cryptocurrency to rise to 80,000.

Today's strategy remains to buy on dips and watch for bullish trends. In the Asian market, the cryptocurrency hit a high of 764, continuously refreshing its peak. When you are still questioning whether the current price is too high, you might not realize that you could miss out on this entire bull market. Now you understand what it means that a bull market does not say it’s at its peak, right? Currently, various major positive factors are influencing the entire market, and soon there will be the Federal Reserve's interest rate decision. Unless something unexpected happens, a 25 basis point rate cut is a certainty. Bitcoin will likely surge towards 78,000 - 80,000. We are currently in the second wave of this year's bull market. The first wave was when the Bitcoin spot ETF was approved at the beginning of the year, which caused the price of Bitcoin to rise from over 20,000 USD. Now, after the adjustments in September and October, we have entered the second phase, and there will be continuous capital inflow into the market. Before the end of the year, we will witness historical highs again. What I’m saying is that this year is the year of the cryptocurrency market. If you miss this chance, you’ll have to wait four years. A slight pullback in the short term is a buy signal; just find the right entry points.

Morning Reference

Lightly buy once near 750, and add to positions in the 745-743 range. Target 76,000-77,000, with defense at 737#BTC创历史新高 #美国大选后涨或跌？ #BTC☀ #11月市场预测 #美联储利率决议来袭