Do you think the cows have come?

If there are questions about #你问我答 , I will answer them. I will try my best to express everything I can. If there is something I don't know, I will say so honestly. If there are any issues, I hope the teachers will point them out.

The results of the election will be out tomorrow, get some rest early
Pay attention to the times in key swing states, such as Pennsylvania, etc.

Bitcoin Market Analysis November 4, 2024]
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The current Bitcoin price is approximately $69,100, having continued to decline yesterday and formed a pin bar drop, breaking through the previous important support level. Although the current market shows some signs of upward rebound, it is expected that the daily candlestick may stabilize above the support level at the close.

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Support and Rebound Analysis
Bitcoin's pin bar drop has broken through key support levels, however, the bearish momentum is releasing quickly in the short term. If considering shorting at low levels, now is not an ideal time; it is recommended to wait for a rebound signal from the daily candlestick. The strength of the next rebound will determine the subsequent market conditions. If the rebound cannot break through the previous high, the market may continue to correct downward, entering a medium-term bearish market. Currently, the bullish arrangement has not been broken, making it very important to focus on the effectiveness of the support level.

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Key Resistance Levels and Trading Strategy
The current key resistance level is around $69,600, where it not only marks a previous high but also intersects with the downward trend line. It is advisable to observe bearish signals within this price range and consider holding back, waiting for further decisions after a rebound.
Stop-loss Strategy: Setting stop-losses is crucial when trading; it is recommended to set the stop-loss above the previous high or within a space not exceeding 2% to reduce risk.

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Liquidation Situation
Despite Bitcoin's price rising from $58,000 to $69,100, liquidation phenomena remain severe. Most liquidations occur among bulls, due to traders chasing prices at high levels without strict stop-losses.

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Conclusion and Recommendations
In the current market environment, investors are advised to remain cautious, focusing on the strength of the rebound and the performance of key resistance levels. Chasing prices should be approached with caution, avoiding blind bullish positions at high levels. It is hoped that the above analysis is helpful for your investment decisions.

#BTC #Bitcoin #MarketAnalysis

Continue to update tomorrow's market analysis tomorrow

The first time of Dabion is 70,000, and the ether is 4,000. The second time of Dabion is 70,000, and the ether is 3,900. The third time of Dabion is 70,000, and the ether is 3,300. The fourth time of Dabion is 70,000, and the ether is 2,500. $BTC $ETH

The first time I bought Da Bing was 70,000, sol150
The second time I bought Da Bing was 70,000, sol188
The third time I bought Da Bing was 70,000, sol193
The fourth time I bought Da Bing was 70,000, sol182
$SOL $BTC

【Bitcoin Market Analysis 2024.10.29】🚀
Currently, the price of Bitcoin has successfully broken through $71,000, and previously held long positions continue to profit. The short positions used for hedging have successfully taken profit around $66,500. The continuous inflow of funds into Bitcoin ETFs for about 20 days, along with the upcoming U.S. elections, has further strengthened the market's bullish sentiment. Therefore, I believe Bitcoin still has room for further increases in the short term.
In this round of rising market, many investors failed to enter the market in time, and missing out has become relatively common.
Based on the current strong bullish atmosphere, it is advisable to be cautious when shorting, and even hedging strategies must strictly set stop-loss levels.
In terms of short-term strategies, pay attention to the resistance levels during the market's rise, treat shorting operations with caution, and patiently wait for clearer market signals.

Bitcoin first time 70,000, Ethereum 4,000
Bitcoin second time 70,000, Ethereum 3,900
Bitcoin third time 70,000, Ethereum 3,300
Bitcoin fourth time 70,000, Ethereum 2,500

Due to the Apple press conference and the preview of the Strawberry model, I have summarized some of the AI ​​tokens currently on the market and sorted out the following tokens to judge the tokens.
The price of ATH has fallen by approximately 41.11% from its peak of 0.09, which is smaller compared to other coins.
TAO, RENDER, FET, IO, and ARKM all experienced significant price drops, ranging from 60% to 73%.
WLD, NFP, and RSS3 fell by more than 80%.