$BTC $

Next Monday, the A-share market will most likely continue to fall! On the other hand, the currency market is holding up its spine. Trump is currently leading by a 55:44 margin, and the election risk aversion may have ended! One of the key factors that has driven the price of the currency up is the continued rise in Trump's winning rate! At present, Trump and Harris' winning rate has reached 55:44, leading by 11 percentage points. This gap is enough to attract funds that have withdrawn due to concerns about the uncertainty of the election to re-enter the market and lay out the market benefits that may be brought by Trump's election in advance. Previously, Bernstein predicted that if Trump wins, Bitcoin may directly hit $80,000-90,000. However, as Harris has recently expressed support for cryptocurrencies, even if Trump loses the election, it will not bring major negative impact to the crypto market, because the long-term upward trend of cryptocurrencies has been consolidated and the influence of external factors has gradually weakened.

At present, the USDT balance on the exchange has surged by 146%, setting a record high, indicating that strong buying power is coming and the altcoin season is about to begin. Hold the spot until December and hold the currency in your hand firmly! Bitcoin has low liquidity on weekends, and a pullback is normal. This is just a preparation for a new round of increases, and it will soon hit $66,000, or even approach $70,000. Bitcoin ETF fund inflows have a huge impact on the market. At present, the inflow of funds from Bitcoin ETFs has a great impact on the rise and fall of the entire currency market, and can almost be regarded as the trend of the main market. Last Friday, Bitcoin ETF funds returned strongly, with an inflow of up to $253 million, reversing the previous three consecutive days of sluggishness. And this return of funds came only from three institutions, Fidelity, ARKB, and BITB, and BlackRock's fund inflows have not even participated in it. This is undoubtedly a key factor in the return of market confidence. It is expected that the future market will remain optimistic. If Trump's winning rate continues to lead, and there are no major macroeconomic surprises that affect the interest rate cut, more external funds may enter the market next week. By then, the risk-averse market before the election may turn into a pure buying market, and Bitcoin is also expected to hit the $70,000 mark ahead of schedule, which is worth looking forward to.