Last night, after the opening of the US stock market, Bitcoin surged by more than 2,000 US dollars in 30 minutes, reaching around 68,000. Then the US stock market plummeted, and Bitcoin fell below 65,000. After a night, it came back to above 67,000, completing a wave of long and short double kills. Bitcoin soared and plummeted, and the entire network was liquidated by 165 million. It is a good thing to clean up. Both long and short positions were cleaned up, which is conducive to the main force to break through 70,000. It has a taste of the last round of bull market Bitcoin callback. It is expected to be the beginning of the second half of the bull market. Bitcoin has ended its six-month shock and officially entered the main rising wave of the bull market.
There are two trend lines above Bitcoin. The first is a large trend line that gradually decreases from the high point of 73777; the second is a small trend line that continuously increases from the high point since 49000. At present, the two pressure levels are close to overlapping. It is normal to fluctuate back and forth at this position to clean up floating chips, or even to pull back to kill leverage. At present, the small level is still in an upward trend. If the pressure level does not fall, it will repeatedly impact. It is likely to continue to rise to 68,000.
Crypto Spring is coming
Recently, Musk donated $75 million to support Trump, probably just for this election. It's really a big move. Musk has already put all his money on Trump. It seems that Trump has it all.
Judging from the current poll data in the United States, Trump's approval rating is 57.9%, far ahead of Harris. Judging from Trump's recent performances, the number of people attending has exceeded 100,000.
Therefore, on the whole, Trump is bound to win this US presidential election, and the cryptocurrency market will take off. With the support of Ma and Trump, it will be icing on the cake and fly higher. The spring of encryption is coming.
Many leeks are still waiting for Bitcoin below 60,000 and Ethereum at 2,200. Let me put it this way! You will not buy even if you are given 10 more chances, because you always want to buy at the lowest point. As long as you do not buy at the lowest point, you think you have bought too high. The result is that you miss out on opportunities. Watching the market rise day by day, you can’t stand it anymore and chase after it. It’s better not to chase after it, but you will be trapped once you chase after it. Once you are trapped, you will suspect that the bull has gone again, and then you will sell your stocks. Once you sell your stocks, it will rise again and break new highs. Then you will continue to chase after it, and it will continue to cycle back and forth. Besides, there will be all kinds of complaints, spitting, and abuse. Don’t watch it anymore. Is it you?
At this point, whether it is Bitcoin or altcoins, the volatility will become relatively high. I seem to smell the scent of a bull market. I don’t know how the market will go, but I know what to do.
1. Hold the low-priced chips well, and it is necessary to make profits and resist retracements. Be good at making sticky candy. I don’t know whether the bull market is coming, but I know that there is a possibility;
Second, don’t operate frequently. You should open an order now because you have already done something.
3. You must maintain a good mood, mentality, and mental state here. Once you fall into an over-excited state due to operational errors here, if the bull market really comes, you will be ruined. The bad situation is that the more you do, the more mistakes you make, and the more mistakes you make, the more you do, and then you lose money in the main uptrend of the bull market, and your mentality completely collapses.
