The US election is in countdown. Yesterday, it quickly fell to 68830 and rebounded to 71632 in the evening. One hour later, a K-line quickly fell and rebounded at the support of 68800. The overall K-line is still above Fibonacci 0.618 and has not fallen below the bottom of the middle Yang line on October 29. It is used as the long-short conversion point. At the same time, it coincides with the daily rising trend line. If it falls below 68400 and does not recover, it is confirmed that the decline will continue.
On November 2, according to public documents from the U.S. Securities and Exchange Commission (SEC), 21Shares has submitted an S-1 application and plans to launch the first XRP ETF "21Shares Core XRP Trust"
Interest rate futures show that the possibility of the Federal Reserve cutting interest rates by 25 basis points in November, December and 2025 has increased, and the probability of a 25 basis point cut on November 8 is 95.6%.
Flatbread
At present, the daily line is still above the upward trend and is also near the bottom support of the 29th medium-sized positive line and the Fibonacci 0.618 support. Therefore, pay attention to the price of 68400 and it cannot fall below it. If it falls below it, there is a chance that the market will go to 65000.
Whether it is the daily level or the 4-hour level, the 60,000W bottom is confirmed, and the ideal state has come again near 65,000. There is only a chance to start a rebound at 68,000-68,800. The stop loss for bottom fishing is 68,000.
Support: Pressure:
ether
There is nothing to see in Ethereum. If it does not break below the converging triangle, buy it in batches. If the rebound does not break through 2800, reduce your position and wait for the market to work out!
SOL sol touched the downward trend line and was beaten down again. It is currently testing the support near 160. Here it depends on whether Bitcoin can support and rebound near 68,000. The best opportunity to buy the bottom is near the lower edge of the triangle at 120. It is difficult to go down directly in a short time. Wait patiently or choose to make a breakthrough.
Support: Pressure:
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The article is time-sensitive and is for reference only.
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