Evening market analysis!

Observing the daily K-line chart, the 15-minute line formed an obvious dead cross signal near 57,000 points, while the bullish momentum on the 1-hour K-line chart has significantly subsided, indicating that another round of dead cross formation is about to enter. This further validated the accuracy of our long-held short strategy, and all short positions were profitable.

Judging from market information, the German government continues to transfer large amounts of BTC, which suggests that the overall market may continue its downward trend this week. However, we also need to be alert to possible short-term rebounds and be prepared to operate flexibly at critical moments to seize rebound opportunities.

It is recommended that Bitcoin continue to be bearish near the 57500 point and continue to pay close attention to market dynamics. $BTC $ETH #美国大选如何影响加密产业？ #德国政府转移比特币 #币安7周年