I will share the explanation of the market. The market is now in the repair stage. You can see that the altcoins are climbing, but Bitcoin has been fluctuating. Many people think that the pull-up in the morning represents a breakthrough, but I don’t think so. I think it is more likely to be a false breakthrough. At present, my view on the market is also upward. The Russell 2000 and Micro Strategy, which are most related to Bitcoin, have already broken through new highs, while Bitcoin has been fluctuating and absorbing funds.
The reason is the contract. The current contract positions have been high, and the resistance required to pull the market is huge. So I don’t think the market will continue. The market will continue to consolidate until after the election.
