The current situation is that most of the funds are in BTC, unlike previous bull markets where the entire cryptocurrency space was thriving. Right now, Bitcoin is the only standout. If other coins don't follow and catch up, it can only mean that Bitcoin above 80,000 is almost entirely a bubble. When the time comes, how it was driven up is how it will be brought down, with a high probability of it being brought down even harder.

The most important issue right now is that basically retail investors have no assets left, most of the Bitcoin is in the hands of the big players, so it's very, very easy to pump the price. Previously, to pump the price, it had to keep buying from retail investors, requiring a large amount of funds. Now it's just a matter of the big players transferring it from one hand to the other. When it comes time to dump, retail investors will face a bloodbath, and the price will at least drop by 10,000 points. The short positions opened a few days ago are now locked in profit on the opposite side, and currently, it's just making small gains.
Bitcoin is rising, and if it can hold this level, to be honest, a rebound for ETH and SOL is also very likely.
There are few people chasing the price at this level, and those who shorted have been squeezed several times and are afraid to open new positions. It can only be said that both bulls and bears need to be cautious; only a small number of people are making profits.
However, the only certain thing right now is that when the dump happens, it will be down by 10,000 points.

No, is there someone who just says that everything I posted before is wrong without looking at it? I predicted a short on November 1st, and by November 5th, the points were basically all reached, right? BTC was at 668 and I predicted 660, ETH was at 2380 and I predicted 2300. Who can judge the points with 100% accuracy? The trend is correct, and the theory is all correct. Can one or two people understand clearly before criticizing?

Everyone think about it, BTC is at this height, but there hasn't been any real favorable policies implemented yet, the main funds are all in spot, at this height the main funds are unlikely to continue buying spot, and the market's greed index is extremely greedy, the main players have to sell their spot in batches, in the coming week, it will either slowly decline or have a waterfall drop.
btc 79300 short target 74000
eth 3200 short target 2950
sol 208 short target 190
Keep up the pace and let's profit together

After experiencing the last 24 hours, the drop in Bitcoin and Ethereum is only about 4-5%, but the greed index surprisingly only decreased from 77 to 75, proving that the selling pressure from yesterday was far from enough. Considering the upcoming U.S. elections, the probability of a drop in the next few days can almost be said to be one hundred percent; the main players will not allow a large number of retail investors to enter the market. Therefore, both Bitcoin and Ethereum can be shorted at the current price, with Bitcoin targeting 66,000 and Ethereum targeting 2,280. Right-side trading, trend is king.

The current situation is that whether Trump is elected or Harris is elected, there will definitely be a bearish trend in the coming days. If Trump is elected, both the stock market and the cryptocurrency market will rise. Therefore, before the U.S. election, the main players will wash the market and accumulate positions. The expected lowest point is on November 3rd with Bitcoin at 66,000 and Ethereum at 2,280. If Harris is elected, the market will continue to decline until November 5th or even longer.
Strategy: Short Bitcoin at 69,500 with a stop loss at 70,500 and a take profit at 66,000.
Short Ethereum at 2,515 with a stop loss at 2,560 and a take profit at 2,300.

Market sentiment is dominated by greed, a 3% drop is not enough to clear the market, before the results of the US election come out, the main force still needs to lower prices to absorb a wave of goods, Bitcoin is bearish down to 66,000, Ethereum is seen at 2,300, expected to reach on November 3rd

Current price of Ethereum is shorted, stop loss set at 2580, aiming for 2300, get in and profit$$$ expected to reach 2300 or lower by 11.3