After nearly three months, Bitcoin breaks $70,000 again

Currently only a little over $2,000 away from its all-time high, with a 3% increase;

but other altcoins are basically still halfway up the mountain or at the bottom: even ETH is still 46% away from its all-time high

SOL is 30%, BNB is 16%, while popular coins from the last bull market like DOGE, SHIB, ADA, ICP, FIL, DOT, etc., still have declines of 70%, even 90%;

From this perspective, we can only say that it’s a bull market for Bitcoin alone right now, of course bull markets always start with Bitcoin rising;

The current market liquidity hasn’t picked up yet, and can't support a widespread increase. It may be quite difficult to see other altcoins surge along with Bitcoin; it would be good if 20% of altcoins eventually exceed Bitcoin’s increase;

Next, there are a few major events to watch out for in November to prevent black swan occurrences:

November 1, U.S. Non-Farm Payrolls Night;

November 5, U.S. Elections;

November 7, Federal Reserve interest rate decision;

Currently, one should have about half of their positions, but don't be too eager to go all in. It’s best to wait for these three events to settle down and decide your investment strategy based on the market fundamentals at that time.