BTC rose by 1,800 points in a short period of time at 11 a.m., with the maximum increase of about 3%. Do you remember what I reminded you before?

The intraday liquidity on Monday is similar to that on weekends, which is relatively low. At this time, the derivatives market has already opened, and this is often the time when the bull-bear game in the derivatives market is fierce: I have looked at the trading volume of BTC. The current data is not as active as the trading volume on Saturday, so the overall volume is still shrinking and rising. This action is basically similar to last Monday, so pay attention to risks and beware of "false breakthroughs". Whether the breakthrough is completed and stable, we still have to wait for the opening of the US stock market tonight.

Today's rebound is a bit confusing. The one-hour line directly rose. Bitcoin returned to the high point on the 7th. The market, which had been quiet for a long time, became lively again. This wave of bulls is very strong. The overall copycat recovered yesterday's decline. Some of the daily lines exceeded yesterday's highs, and some just rebounded to yesterday's callback highs.

There is no reason for today's rebound. The only thing the market can hype is the election. But if it really takes off, the market will not move in this way. My opinion remains unchanged. Just wait and see.

The sword of BTC has been hanging over our heads for a long time. After half a year, it is still at more than 60,000. It depends on how the market goes in the evening. Those with full spot positions hope for an increase, while those with empty positions hope for a decline and bottom fishing. It depends on which one you choose.

Since we are confused at a small level, let's look at the current situation at a large level:

Weekly level: RSI indicator is neutral, MACD has completed the retracement to the 0 axis, and there is an expectation of a golden cross above water. The weekly indicator is difficult to change unless there is a particularly big negative news (black swan), because it represents the long-term trend.

3-day line level: The MACD indicator has been underwater since early July and has gradually returned to the surface.

Daily level: After completing the upward trend from 52550 to 66498, MACD returned to the 0 axis and formed a golden cross at present.

What the above indicators tell me is that in the absence of a black swan, there is support for an uptick.

Until you reach the end of your rope, the flowers on the other shore will not bloom.

The current cryptocurrency market is increasingly testing the combination of fundamentals and technical aspects.

Only after comprehensive analysis, the results are very good, then it is worth buying. At this point in the market, there is nothing to be suspicious about. The rise and fall are no longer controlled by the main force and institutions.

The global financial markets are beginning to recover, and this great wealth opportunity will definitely touch every field.

As long as you prepare in advance, this wave of opportunities will surely come as expected.

In the current market, except for Bitcoin, which is very expensive, the prices of ETH and altcoins are very low, and they have fallen a lot from their highs this year.

Unless Bitcoin continues to consolidate and the market becomes hot, ETH will drive all altcoins to take off. This is also the case when Bitcoin does not fall. If Bitcoin falls, all coins will not be able to escape. It is like Bitcoin rose the day before yesterday and fell yesterday. The decline of all altcoins exceeded the increase of the day before yesterday. If the current Bitcoin price is not so high, the layout of ETH and altcoins is definitely a good choice.

There has never been a bankruptcy in the cryptocurrency circle, so how can we talk about getting rich overnight? Losing money is not scary, bankruptcy is not scary, what is scary is that you lose your confidence and fighting spirit, and you become useless.