The Dubai Binance Blockchain Week was successfully held from October 30 to 31, attracting numerous industry leaders and innovators to discuss the future development of blockchain. Binance founder CZ stated during the event that, although the future is unpredictable, historical data suggests that Bitcoin may experience a revival in 2024, followed by a bull market. #eth3221

During the event, the performance of BNB failed to boost. Although it rose in the lead-up to the event, reaching a high of $612.87, the price of BNB has fallen nearly 7% from the start of the event to now (November 1), with the current price at $579. #美国大选后行情预测

Despite the obvious short-term fluctuations, the long-term value of BNB still relies on its application and technological advancements within the Binance ecosystem. If the event can attract more developers and users, enhancing BNB's use cases and market demand, it may bring positive impacts for its future development. Overall, BNB's growth potential will gradually become apparent in the next market cycle. #市场关注美国非农数据
(If you want to learn more about the cryptocurrency world and get firsthand cutting-edge information, there is the most professional cryptocurrency community that publishes market analysis and high-quality potential coin recommendations daily.)

Analyzing the Layered Evolution and Capital Rotation of Meme Coins
The Importance of $DOGE to Meme Coins
As the election approaches, $DOGE is once again in the spotlight, and its performance is crucial for the Meme coin market.

Overview of the Meme Coin Market
Without significant increases in $DOGE and $SHIB, it has become more challenging to drive the market share of Meme coins. In 2024, the total market capitalization of the Meme coin market is close to the historical high of 2021.

Growth of Non-Mainstream Meme Coins
Most of this year's value growth comes from non-$DOGE/$SHIB Meme coins, with the market dominance of these two falling to around 57%.

Market Share Still Below Historical Levels
Although the market share of Meme coins has rebounded, it remains below the levels when $DOGE reached its ATH in 2021. The total market capitalization of $DOGE increased by $7 billion this week.

Outlook for $DOGE
Even without new retail interest, I expect that the dominance of $DOGE and $SHIB will gradually recover, as much capital is currently on the sidelines.

Attitude of Intermediate Investors
Many intermediate investors are skeptical about the legitimacy and liquidity of Meme coins, missing opportunities with assets like $WIF and $PEPE.

Changes in Market Sentiment
There has been a significant change in sentiment regarding Meme coins, with increased interest in this category, even as intermediate investors begin to shift their attitudes.

Potential Catalysts for a Rebound
I believe these participants may drive a new round of rebounds for $DOGE, with any news potentially serving as a catalyst.

Capital Flow
Most of the capital may come from other crypto sectors, although retail participation may also increase.

Market Impact After $DOGE Rebounds
The strong performance of $DOGE and $SHIB may unleash potential for assets like $WIF and $PEPE. #eth3221

Attractiveness to Intermediate Investors
As the market capitalization of $DOGE grows, the attractiveness of other Meme coins to intermediate investors will increase.

Recognition of Meme Coins
As Meme coins gain greater recognition, new potential buyers may focus on these relatively more liquid assets.

Upside Potential
After the rebound of $DOGE, these assets will have greater upside potential, and intermediate investors will push the prices higher.

Limitations of the Current Market Situation
When the $DOGE market stagnates, the rise of small-cap coins like $PEPE will be limited.
Trend of Capital Concentration

The middle class may shift towards high-market-cap assets, and capital will naturally concentrate in high-market-cap assets. #你问我答 #美国大选后行情预测 #美国大选后涨或跌？

The surviving secondary institutions in this round have reached a consensus: everyone is tired of air coins that only tell stories.

If you want to invest in L2 or a public chain, first check the recent six months of on-chain activity to see if users are increasing and if there is actual usage. #eth3221

Avoid projects that become dead chains after the airdrop is completed. If you are interested in DeFi, look at the growth of related businesses and revenues, such as why Banana Gun can stand out while GMX and DYDX have been declining.

These indicators reflect the actual business of the project. A coin without business revenue but with a high price means that buying it is equivalent to paying the team a salary.

If you want to speculate on air and concepts, why not operate directly in the primary market instead of taking over someone else's dream in the secondary market? #美国大选后涨或跌？ #比特币矿工收入飙升 Public: Pumpkin Strategy (Weekly analysis of Bitcoin BTC and Ethereum ETH early commentary strategy from Monday to Saturday, long-term recommendations for quality individual coins and live analysis)

Bitcoin mining stocks benefit from favorable macro conditions and integration with artificial intelligence, soaring 24%

Bitcoin mining stocks rose 24.4% after Bitcoin surpassed $70,000, primarily due to a favorable macroeconomic environment and integration with artificial intelligence.

Industry Growth Momentum
Investor interest in Bitcoin mining companies has increased, especially as these firms leverage Bitcoin profits during bull markets and diversify into artificial intelligence technologies. These two factors have created strong momentum for the mining industry, making it a key player in digital asset and technology development.

The application of artificial intelligence is seen as a significant advancement in enhancing mining efficiency and profitability. It helps miners optimize energy consumption, manage data, and streamline mining processes, making them more adaptable to market changes.

Market Impact
The surge in mining stocks reflects the market's increased confidence in the industry's potential. Easing inflation and stable interest rates have also boosted investor optimism. As Bitcoin prices rise, miners' revenues increase, providing them with more resources to invest in technologies such as artificial intelligence.

The improvement in mining companies' profitability may reduce their willingness to sell Bitcoin, thereby alleviating sell pressure in the market. Additionally, the bullish sentiment towards mining stocks may attract more institutional investment, enhancing confidence in Bitcoin's long-term prospects.#eth3221

Risks and Challenges
Despite the optimistic industry outlook, Bitcoin mining still faces risks from regulatory changes, energy costs, and market volatility. Miners need to effectively manage operational costs, especially in the context of fluctuating energy prices.

The rise of BTC mining stocks showcases the industry's resilience and adaptability in a changing economic and technological landscape. As miners continue to embrace artificial intelligence and benefit from favorable macro conditions, their performance may positively influence Bitcoin prices, thereby boosting broader bullish sentiment in the crypto market.
#你问我答 #BinanceBlockchainWeek #比特币布林带收窄至低水平

Ethereum Foundation (EF) researchers Dankrad Feist and Justin Drake have resigned from their advisory roles at EigenLayer due to controversy within the Ethereum community regarding potential conflicts of interest.

EigenLayer is an emerging project that leverages the concept of 'restaking' to borrow Ethereum's security to provide a platform for crypto applications. Drake and Feist confirmed their advisory roles in the spring, responsible for guiding EigenLayer's projects and roadmap, and were compensated with EIGEN tokens. #eth3221

This controversy reflects differing views within the Ethereum community on conflicts of interest. Last week, both Feist and Drake announced their resignations, with Feist stating that the decision was made to focus on important work for Ethereum, while Drake emphasized that he would concentrate on L1 research and expressed regret for his previous decisions.

Drake also pledged to refuse all advisory roles and investments in the future to demonstrate his commitment to neutrality. The community expressed concern that EigenLayer's funding could influence the direction of Ethereum's development. #美国大选后涨或跌？ #比特币矿工收入飙升

Crypto market predictions for 2025:
As 2024 draws to a close, the crypto community is looking forward to the bull market in 2025.

Nine predictions for the crypto market in 2025:

1. Chain abstraction technology will become a major game changer, driving Web3 to more users. Related projects such as Particle will perform well.

2. DeFi will continue to grow, and more traditional financial institutions will integrate decentralized services. Lending, borrowing and staking platforms will gradually become popular among everyday consumers.

3. Stablecoins will become the most commonly used product in Web3, and stablecoin issuers are expected to become one of the most profitable companies in the world.

4. Real assets such as real estate and art will be tokenized on the blockchain to achieve partial ownership and increase liquidity. The RWA market is expected to grow at least three times by 2025.

5. GameFi will become a mainstream market, and large companies such as Rockstar will begin to integrate Web3 features into games.

6. DAO will become a popular governance model for private companies and non-governmental organizations, giving people greater decision-making power. #eth3221

7. Airdrops will gradually change their form because too many wool parties participate and their value continues to decline.

8. Regardless of the election results, cryptocurrency regulation will become clearer. Many important figures are advocating for friendlier regulatory policies.

9. After the bull market reaches its peak, 95% of meme coins will return to zero, and only a few will turn into cult-like memes and survive the next cycle.

#BinanceBlockchainWeek #你问我答 #狗狗币创数月新高 Official account: Pumpkin Strategy (early review strategy analysis of Bitcoin BTC and Ethereum ETH from Monday to Saturday, long-term recommendation of high-quality coins and live analysis, and occasional sharing of Cai Fu Mi Ma)

Offramp Labs (Kingsview Global Limited) is a virtual asset service provider headquartered in Hong Kong, allowing global users to conduct real-world transactions using stablecoins through a Telegram mini-app, including topping up Visa cards and receiving payments from US banks, reducing fees and protecting users' local bank accounts.

Starpower is a decentralized energy project addressing grid instability caused by renewable energy. By collaborating with device manufacturers, Starpower has created a network of home energy devices and uses crypto incentives to encourage users to contribute devices or participate in demand response programs.

Farm Frens is a coin looter game that attracts users with a fast update pace, currently engaging over 300,000 players.

DataHive collects unblocked data through users' browsers to assist in training AI models, allowing users to earn tokens while browsing normally #eth3221
WavLeaks enables fans to crowdfund access to exclusive songs and trade copies of these songs, providing artists with ongoing income.

Whalefare combines Tiger J and city building, offering cryptocurrency rewards to attract more strategic gamers.

Qiro builds a decentralized underwriting network to help lending protocols reduce credit risk, using a network of neutral experts to choose the best loans.

Kiss or Rug uses the prisoner's dilemma principle to help users find matches faster, with male users expressing genuine interest through funding, increasing the likelihood of successful matches.

Force Prime is a speculative strategy game that combines on-chain gaming loops and speculative mechanisms, providing a deep competitive experience.

P2P.me is a peer-to-peer exchange for Indian crypto users, achieving fast and secure INR to USDC conversions through zk-TLS proofs.

RPS.LIVE combines live entertainment and betting stimulation to provide users with a new experience.
#美国大选后行情预测 #市场关注美国非农数据
(Weekly Bitcoin BTC and Ethereum ETH early review strategy analysis from Monday to Saturday, long-term recommendations for quality individual coins and live analysis, occasional sharing of paid content.)

ETH/BTC Chart Suggests Altcoin Surge: Will Solana Lead the Way?

The altcoin market is poised for a rebound, and this trend is particularly evident in the ETH/BTC chart. If the 'altcoin season' arrives, tokens like Solana (SOL) stand to benefit.

Recently, the crypto market has shown strong signs of growth, with an overall market capitalization increase of 1.49% and a 24-hour trading volume reaching $103.12 billion. Bitcoin's price has recently risen to $73,000.

The Importance of ETH/BTC
The ETH/BTC chart is crucial for predicting the future trajectory of altcoins.
The recent accumulation pattern in ETH/BTC is similar to the market cycle from 2015-2018, suggesting that altcoins may be on the verge of a new wave of increases.

"If this pattern continues, the prices of altcoins may potentially reach new highs."

The 'descending wedge' pattern currently observed in the chart typically indicates a bullish breakout, further enhancing the likelihood of an upswing. #eth3221

Solana's Performance
Despite market fluctuations, Solana (SOL) remains bullish, trading at $178.14 at the time of writing. SOL is also in an accumulation phase, with similar patterns having previously driven its price surges. If this trend continues, SOL could rise to $361.88, representing an increase of up to 179.05%.

In summary, if altcoins rebound, Solana is likely to emerge as a leader.
#BinanceBlockchainWeek #美国大选后行情预测 #狗狗币创数月新高
Public Account: Pumpkin Strategy (Weekly strategy analysis for Bitcoin BTC and Ethereum ETH from Monday to Saturday, long-term recommendations for quality coins and live analysis, occasional sharing of paid content).

Market Review
The upward trend from the end of September to early October has already anticipated the two major events that are about to occur. Last week, Bitcoin (BTC) experienced five consecutive bearish days after reaching an all-time high, reflecting the 'buy the rumor, sell the news' pattern. Bitcoin rebounded around 67500, while Ethereum (ETH) showed clear support near 2400, with a significant rebound at 2410 after this round of decline. #eth3221
Technical Analysis
Bitcoin (BTC):
Weekly: Last week closed with a small bullish candle with a long upper shadow, and this week is expected to rise again, potentially forming a second upward trend. Daily: A significant rebound occurred, with a large bullish candle indicating a market recovery. 4-Hour: Slight rebound to around 67500, with signs of a turning point in the K-line. Watch for potential highs in the 71500-72000 range. The key pressure level for the day is at 69500-70000; after a breakthrough, focus on the important opportunity at 72000. Support levels below are at 68500-68000.
Ethereum (ETH):
Weekly: Two consecutive weeks of bearish candles, last week saw a high followed by a pullback; 2400 is an important support line, showing clear performance. The weekly K-line rebounded after gaining support at the MA90 daily moving average. Daily: A small double-bottom pattern has formed, now resulting in a bullish candle. 4-Hour: After multiple dips, a rebound has occurred with signs of a turning point. Above, 2530 is a key resistance level; if it can break through and remain stable, it may form a W shape. For the day, pay attention to the pressure at 2500-2530, with support below at 2450-2420.
Altcoins:
Last week, altcoins fell to the bottom, but have since warmed up. It is expected that within the next two to three days, altcoins may have an opportunity to rise, with a conservative upside potential of about 15%. Spot traders need to pay attention to the timing for exiting at the top.
The cryptocurrency market is highly volatile, and investment should be approached with caution. The above is merely personal opinion and does not constitute investment advice.

#美国大选后涨或跌？ #比特币矿工收入飙升 #美国选情僵持

Market sentiment is highly volatile; after two consecutive days of decline, there is widespread pessimism, but after two days of gains, people feel a bull market is coming. Retail investor sentiment is often manipulated by market makers.

The decline last night and this morning may be related to the Trump company's stock circuit breaker, falling approval ratings, or a technical adjustment, with various interpretations in the market.

But in reality, only the market makers know the true reasons. They provide reasons that retail investors are willing to believe in order to stabilize sentiment. The key data to pay attention to is whether market makers are continuously buying, as well as the accumulation of long and short positions. When the upward momentum is too strong, it is necessary to release long positions; only after accumulating to a certain extent will there be better upward space. #eth3221

Overall, Bitcoin ETFs are flowing in, while Ethereum ETFs are flowing out. Just now, a certain address transferred out 500 ETH, and a rise followed by a short squeeze may occur next. #美国大选后行情预测 #市场关注美国非农数据 #TIA超大额解锁

As the token burn approaches, LUNC faces high risks: Everything you need to know!
Terra Classic (LUNC) is at a critical moment, with strong trading volume and a bullish pattern that may indicate the potential for a rebound.

Current Market Conditions
LUNC's trading price is $0.00009937, up 5.15%. The market is anticipating the burn of 270 billion LUNC tokens on October 31, an event that has sparked widespread speculation.

Bullish Potential of the Ascending Triangle Pattern#eth3221
The ascending triangle pattern formed by LUNC shows increasing buyer interest. A breakout above the resistance level of $0.00012519 could trigger a strong rebound. Traders are watching this key price level closely, as a confirmed breakout could lead to significant buying. However, failure to break through may lead to consolidation or a pullback, weakening recent optimism.

Technical Indicator Analysis
Bollinger Bands: Tightening, indicating reduced volatility and a possible breakout on the horizon. Stochastic RSI: Shows overbought conditions, and some traders may take profits, but as long as the price remains above key support levels, the upward trend could still continue.

Surge in Trading Volume
LUNC's trading volume surged by 222.09%, reaching $34.02 million, indicating increased investor interest. High trading volume typically supports price movements and signals possible breakouts.

Bullish vs. Bearish Dynamics
In the current market, 55.57% of trades are bearish, while 44.43% are bullish. This imbalance could lead to a short squeeze, pushing prices higher. However, the majority of short positions also indicate a cautious attitude among traders, potentially creating resistance at higher levels.

Outlook
With strong trading volume and the upcoming burn event, LUNC seems to have the potential for a rebound. However, the overbought technicals and pressure from short positions raise questions about the sustainability of the upward trend. A breakout above the key resistance level of $0.00012519 could lead the next wave of rally in the altcoin market.#美国大选后行情预测 #市场关注美国非农数据

The future of Bitcoin has sparked widespread discussion during the U.S. presidential election, with market expectations and reactions varying depending on whether Trump or Harris wins. Traders show strong divergence in their predictions for Bitcoin's price movement. #eth3221

Scenario of Trump's Victory
If Trump wins, many analysts predict that Bitcoin will surge significantly. For instance, PlanB expects that as Trump's policies become more favorable, Bitcoin could reach $100,000 by the end of the year, and even surpass $200,000 by early 2025. Trump's victory could lead to a loosening of cryptocurrency policies, attracting more funds into the market.

Alex Krüger shares a similar view, believing that Bitcoin could reach $90,000 by the end of the year, while analysts at Standard Chartered predict an even bolder estimate of $125,000. These expectations are based on the restoration of market confidence and the relaxation of cryptocurrency regulatory policies.

Scenario of Harris's Victory
In contrast, if Harris wins, the market reaction appears more cautious. Krüger predicts that Bitcoin could decline to $65,000, partly due to the Harris administration potentially continuing the regulatory policies on cryptocurrencies. Additionally, many analysts hold a pessimistic view regarding the market's response under Harris, believing it will increase pressure on the crypto market.

PlanB takes a more pessimistic stance in his analysis, suggesting that Harris's victory could represent "the end of Western civilization," intensifying regulation on cryptocurrencies and putting pressure on Bitcoin's price.

Short-term and Long-term Perspectives
For short-term trading, analysts like The Giver believe that Bitcoin may face selling pressure after the election, recommending that investors adopt flexible strategies once the election results are clear. Markus proposes a hedging strategy, suggesting going long on Bitcoin if Trump wins while shorting altcoins that are more affected, like Solana.

Although regardless of who wins, the market is focused on Bitcoin's role as a hedge against inflation and uncertainty, analysts have differing views on the specific price movements and volatility levels. The impact of the election results will be complex, potentially triggering sharp fluctuations in the short term, but in the long run, Bitcoin's scarcity remains an important support for its price. #美国大选后涨或跌？ #比特币矿工收入飙升

BNB 29th Burn Analysis: Possibility of Altcoin Rebound
The BNB Foundation recently completed its 29th quarterly burn, destroying over 1.77 million BNB, worth approximately $1.07 billion. This burn strategy aims to reduce supply and increase holder value, and past burn events often sparked market reactions. For example, after the 28th burn, the BNB price slightly increased by 0.5%, while the 27th burn caused a price increase of 5%.

Currently, the trading price of BNB is $584.70, close to the key resistance level of $606. If this level is successfully broken, it may attract more buying interest, opening a new upward trend. Conversely, if it fails to break through, the price may retrace to around $560.
As the burn event progresses, BNB's scarcity increases, and market interest is also rising. Derivatives trading volume has increased by 21.97%, and open interest has risen by 2.3%, indicating traders' confidence in the market. #eth3221

Long liquidations are slightly higher than short liquidations, but short positions have decreased, indicating a bullish market sentiment. If BNB breaks through $606, it may trigger more short liquidations, further pushing prices up. This burn could become a catalyst for BNB demand, and if it breaks through the key resistance level, it could initiate a new round of rebound. Otherwise, there may be consolidation or slight declines. #你问我答 #美国大选后行情预测

(If you want to learn more about the cryptocurrency space and obtain the latest cutting-edge information, there is a professional cryptocurrency community that publishes daily market analysis and quality potential coin recommendations.)

Sotheby's Vice President and Digital Art Director Michael Bouhanna tweeted that recent rumors about his creation of the Meme token BAN have flooded the internet, leading to widespread misunderstandings and the spread of false information.

The launch of the BAN token is purely a personal hobby and has nothing to do with his position at Sotheby's, which has also not been involved. "I did not expect it to gain such high attention; its rapid growth was unexpected and completely driven by the community, with no intervention from me."

Additionally, he stated, "Recently, there was a tweet saying I made 1 million dollars; this is completely false. The wallet in question does not belong to me, and most of it is unrealized value. I destroyed 3.7% of the token supply in the creator's wallet, which is also publicly visible on-chain." #美国大选后涨或跌？ #比特币矿工收入飙升 #eth3221

As the U.S. election approaches, Bitcoin has led $2.2 billion in inflows, significantly outperforming Ethereum (ETH). According to the latest report from CoinShares, this inflow has set a record in the digital asset market, bringing the total inflow for 2024 to $29.2 billion. #eth3221

This influx of funds has pushed the total assets under management (AUM) to surpass $100 billion, indicating a resurgence of market confidence in digital assets.

The U.S. has become the major source of inflows into digital assets, with the approaching election sparking optimism in the market. CoinShares Research Director James Butterfill stated that expectations of a Republican victory may have driven the inflow of funds, but there was a small outflow of funds on Friday as polling dynamics changed, indicating Bitcoin's high sensitivity to the electoral situation.

In this wave of inflows, Bitcoin dominated, far exceeding Ethereum. Last week, inflows into Bitcoin nearly covered all digital assets, reflecting strong investor confidence in Bitcoin.

Ethereum's inflow was only $9.5 million, with a net outflow of $555 million, showing a relatively subdued investor sentiment.

Trump holds a lead in the election with over 60%, while Harris's chance of winning is at 40%. This political situation continues to influence fund inflows, making the digital asset market an important barometer of investor sentiment and political dynamics.
#美国大选后涨或跌？ #以太坊白皮书11周年 #美国大选后叙事观察 (Weekly analysis strategy for Bitcoin BTC and Ethereum ETH from Monday to Saturday, long-term recommendations for quality individual coins and live analysis, sharing paid content sporadically)

After BTC surged to $73,000, a whale accumulated 880 BTC (worth $61.17 million) at an average price of $69,511 over the past 3 days. #eth3221
His last purchase of BTC was in June last year, when he accumulated 501 BTC at an average price of $30,240. Thanks to his low-cost buying last year, the average cost of the 1,381 BTC he currently holds is only $55,264. #美国大选后涨或跌？ #比特币矿工收入飙升 Public: Pumpkin Strategy (Weekly analysis strategy for Bitcoin BTC and Ethereum ETH from Monday to Saturday, long-term recommendations for quality individual coins and live analysis)

The current market focus is on the U.S. elections and the upcoming interest rate decision (November 8). Overall, Trump still holds an advantage over Harris in the competition, which is a positive signal for the market. Despite some recent fluctuations, the fundamental trend remains unchanged. #eth3221

Trump leads in support across seven key swing states, indicating a higher chance of his victory. The recent market pullback is viewed as a healthy adjustment, partly due to panic triggered by changes in the Mentougou address and increased uncertainty surrounding Trump's election.

Before the final results are revealed, it is difficult to make a clear judgment, so it is necessary to prepare for both scenarios of either Harris or Trump winning.

It is recommended to keep positions controlled between 60% and 70%, while maintaining a cash position of over 30%.

Regarding the interest rate decision, the likelihood of a 25 basis point cut is as high as 90%, with almost no suspense. The rate cut cycle has begun, and even if Harris is elected, we should maintain confidence in the future market. #美国大选后涨或跌？ #美联储利率决议来袭
Public: Pumpkin Strategy (Weekly analysis strategy for Bitcoin BTC and Ethereum ETH from Monday to Saturday, long-term recommendations for quality individual coins and live analysis)

Trump has begun to pay attention to the cryptocurrency sector, trying to attract related voters. The Republican Party of the United States announced its political plan this year, mentioning an end to the crackdown on cryptocurrencies, ensuring the right to mine Bitcoin and the right to custody of digital assets.
At the Nashville 2024 Bitcoin Conference, Trump promised that if elected president, he would end the Biden administration's anti-cryptocurrency policies. His main commitments include:
"MADE IN THE USA" Bitcoin: Trump hopes to produce remaining Bitcoin in the United States, aimed at enhancing domestic Bitcoin mining, but this goal faces challenges due to the decentralized nature of Bitcoin.
Using Bitcoin to solve national debt: Trump believes that cryptocurrency can be used to repay $35 trillion in national debt, but this idea is seen as a campaign slogan with significant practical difficulties.
Establishing a Bitcoin reserve: Trump plans to create a national Bitcoin reserve and form an advisory committee, but the Bitcoin currently held by the U.S. government involves legal issues.
Firing the Securities and Exchange Commission chairman: Trump promises to fire the current Gary Gensler on his first day in office to change the cryptocurrency regulatory environment, but this process may be complex and time-consuming.
Stopping the development of CBDCs: He stated that he would prevent the development of central bank digital currencies to protect financial privacy.
Reducing Ross Ulbricht's sentence: Trump pledged to reduce the sentence of the Silk Road founder, which is a promise he can quickly fulfill.
Establishing a cryptocurrency advisory committee: Trump plans to set up a committee to develop a clear regulatory framework for cryptocurrencies to promote industry development.
Protecting self-custody rights: Trump supports the self-custody rights of cryptocurrency users, and related legislation is being advanced.
As the U.S. presidential election approaches, it is worth noting whether Trump can fulfill these promises, but in the past, many of his commitments have not been realized. #美国大选后涨或跌？ #eth3221
Public: Pumpkin Strategy (Weekly Monday to Saturday early analysis strategy for Bitcoin BTC and Ethereum ETH, long-term recommendations for quality coins and live analysis)

ETH can be bought around 2424, with the first direct target near 2445. A bit of a pattern can get you to around 2470, with a stop loss placed near 2410.#美国大选后涨或跌？ #以太坊白皮书11周年 #eth3221

Bitcoin recently fell below the psychological barrier of 70,000, attracting the attention of investors. Let's take a look at the relevant data:

On October 29, short-term holders (STH) sold 232,000 bitcoins, while long-term holders (LTH) sold 15,000; by October 30, STH's sales increased to 251,000, and LTH sales rose to 18,000; on October 31, STH sold 207,000, and LTH sold 11,000. #eth3221

By analyzing this data, we can draw the following points:
From October 28 to 30, the main selling pressure in the Bitcoin market came from "short-term profit" chips, while on October 31, the main selling pressure shifted to short-term "locked chips", indicating a change in the forces behind the price decline.

The data from the 29th and 30th indicate that holders were accelerating the distribution of bitcoins, but the selling pressure weakened on the 31st, which may suggest a change in market trends.

In the coming days, we need to continuously observe this data to see if there will be another acceleration in distribution, which will help us assess the short-term market trends.

Currently, the average cost of short-term holders is around 64,000 dollars. As long as the Bitcoin price does not fall below this level, the overall market trend can be considered unchanged. This level can serve as an important reference for judging market trends.

In summary, although BTC has fallen below the psychological barrier of 70,000, through in-depth analysis of the data, we can view the market more rationally rather than panic blindly. #美国大选后行情预测 #市场关注美国非农数据