The BTC long-short game is very intense.
It seems that if Bitcoin wants to break through the 7-month volatility, a single effort is not enough to reach the top.
$68,000 to $70,000 is a very important divergence position. It seems that it will take several rounds of accumulation of momentum to effectively break through.
For long-term spot trading, just hold the coins and wait for the price to rise!
The market fluctuates violently during the shake-out phase, so remember not to chase highs in the short term, especially for small currencies with huge profits.
If you encounter something like this, you’re done for!
One day's decline wiped out a month's gain...
I went to short it yesterday, but it went fast and I made a small loss.
Today I saw my mother,
Break the thigh;
I made a lot of money by holding the short position yesterday!
News
On October 15, Fed President Daly said that the Fed's monetary policy remains restrictive and is working to reduce inflation. Continued progress on the Fed's goals is uncertain and vigilance must be maintained. The Fed must achieve its 2% inflation target while maintaining full employment in the job market.
The inflation target remains unchanged at 2%, and there is a high probability that the interest rate will be cut by another 25 basis points in November.
On October 15, according to market news, the pre-sale of Trump's crypto project World Liberty Finance raised US$5 million in the first hour. The pre-sale website was once down, and no tokens were purchased in the past 8 minutes.
Trump is fighting hard for the election. He even issued coins to raise funds for votes at zero cost. With the financial support of Musk behind him, it seems that he is determined to win.
Bitcoin’s recent strong upward momentum also reflects expectations of Trump’s coming to power.
Tensions between South Korea and North Korea have heightened market uncertainty. S3 may already be underway.
In order to prevent a bigger black swan from happening at any time, I have prepared some funds for backup. The United States is playing the North Korea-South Korea card at this time, which is a bit strategically anxious.
The once-in-a-century stage of competition among major powers may seem calm, but in fact it has reached a more dangerous area.
If we close our Dongda, I'm afraid we have to fight with one punch. Otherwise, a hundred punches will come! They may take the opportunity to take back Wanwan. Now the two masters are playing chess and don't know what the opponent intends until the last moment.
Whoever has stronger concentration will win.
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