Recently, major economies such as the United States, China, and Europe (excluding Japan) have gradually begun to move towards quantitative easing, and the funds in the market will only increase. The approval of the Bitcoin ETF has opened the door for institutions, and the atmosphere of the bull market has quietly formed. The most important thing now is to continue to hold your coins and make friends with time! If you hold on until next year, you will naturally have 3 to 10 times the return.

In the short term, the election in early November may become a hot spot. We have analyzed before that this will bring much-needed stimulation to the currency circle. Bitcoin is expected to break through the previous high, instantly pull up 20%, and continue to fluctuate upward, and may even reach 100,000 US dollars by the end of the year!

As for short-term opportunities, $BNB has performed very strongly recently, from 540 to 587, with a significant increase. The long orders of Bitcoin arranged last weekend have successfully stopped profits at 64,000, and $PEOPLE has bottomed out from 0.068 to a maximum of 0.08, an increase of nearly 20%.

The floating profit and loss ratio of short-term holders of $BTC is currently around 1, indicating that there is no selling pressure and the top is still far away. At the same time, the net outflow of Bitcoin from exchanges is also increasing, and large investors are buying and transferring to cold wallets. However, the only not-so-good data is that the spot trading volume of Bitcoin is a bit weak. You can pay attention to the CPI tonight.

In the next few weeks, I am very much looking forward to FTX's 16 billion repayment, the election in early November and the possible second interest rate cut, especially the big stimulus brought by Trump's inauguration! Be patient, these key points are coming soon!