BTC：
On the daily chart, the recent trend of Bitcoin has not provided many significant pullback opportunities. The last time we predicted a pullback to the 65 range was indeed the most recent one, and the bulls are very strong. Now, as we approach the end of the month and the election day is just a few days away, such a trend without retracement is likely due to institutions jointly pushing up the price. The election alignment is keeping Bitcoin high. The likelihood of Trump being elected is high, but before the results come out, everything is just a prediction, and a surprising upset event cannot be ruled out. The most memorable upset event for me was the 2016 election when Trump ran against Hillary. At that time, Hillary had a higher approval rating, yet the final result was Trump’s election. The impact on cryptocurrency was not significant, but it had a considerable effect on precious metals. Due to the upset in the market, many people suffered severe losses. We need to be cautious about such situations. Before the results are out, everyone should manage risks in trading; profit and risk coexist.
From the Bitcoin market perspective, it has basically been on a continuous rise, with 8 consecutive green candles on the 4-hour chart and 4 consecutive green candles on the daily chart. The bulls are very strong, as I mentioned earlier, influenced by the election. Such an influence is not easily discernible from a technical perspective. In trading, any pullback should be viewed as a buying opportunity. I believe there will still be a pullback during the day, expected in the range of 68500-67000, which can be used for buying. The risk of chasing high prices is still relatively large. For those with long positions at the bottom, ensure to protect your holdings. Those who are flat can take advantage of this pullback during the day, using last night's peak as a stop-loss level, targeting below 69000. After reaching the 68500-67000 range, if a shadow is left on the 4-hour chart, one can go long. If you don't want to short, just wait for a pullback to go long. Take your own opportunities for entry; for short-term trading, control risks and manage your own profits and losses;
