October 28

This morning, BTC.D started to surge and has reached a ratio of 59.39%, which is 'scarily high'. If a single BTC begins to decline, altcoins are likely to suffer greatly. If Bitcoin continues to maintain a 'volatile' upward trend, I believe this ratio will start to decrease, and at that time, the explosive rise of 'altcoins' will not be far behind!

This morning's 'weekly' performance was actually quite nice, leaving hints for BTC to continue 'attacking' 69100. It is now in a correction phase, with support at 67100-67300 and resistance at 68100-68500. You can make some gains in this small time frame. The scenario should be to first retrace and then challenge the 'downtrend line' again!

So many 'big players' are bearish on ETH, and the situation for Ethereum is indeed 'not good' (especially with SOL's strong surge). If you are betting this round, don't bet on ETH. If you really have faith, keep your position small! Friends, the week has begun, the elections are approaching, and we will soon see 'violent fluctuations'. Stay tuned! 😊