Regarding the US election in November and the Fed's interest rate cut, the market's expectation for a 25 basis point rate cut at the Fed's interest rate meeting on November 7 has reached 93%. If Trump wins, it will be good for the crypto industry, and the price of the currency will most likely break through the previous high of 73,000.

Bitcoin's situation has risen rapidly from 62,000 to 69,000 since October 12, and it has risen by 10% in less than a week. Many people didn't react and chased it. But it got stuck at 69,000, just a little short of 70,000, but it just couldn't go up

There is only so much money in the altcoin circle. Once Bitcoin rises at a key position, funds will run to it, and the altcoins will be "sucked". Now except for MEME, AI, and Inscription, other altcoins are lying on the ground. The two big brothers of altcoins, ETH and SOL, have no signs of starting, and they will not break through with BTC. When Bitcoin goes sideways, some altcoins will have a chance to move

The relationship between BTC and altcoins. Now every little increase in BTC seems to be gained at the expense of altcoins, and there is not much money left in the market. Bitcoin has begun to suppress inscriptions, memes and AI in recent days. Only Ma's doge can still jump. Usually, when Bitcoin rises, ORDI follows. Now I dare not follow it. If I follow it, I will be smashed #doge #BTC #meme #ORDI #SOL