$BTC is approaching the high point of 71800-72200 for May-June, which is coming back after 5 months

There are two main aspects to pay attention to here:

1. After $BTC rises near 71800, it quickly retracts to around 68000 and oscillates for a while. Altcoins will also follow with a downward correction, with funds fleeing and altcoins hitting lower prices, leading to contract liquidations and uncertain spot users. BTC will maintain a high-level wide oscillation, consolidating power before continuing to surge towards 73000, expected around the end of November or December.

2. After $BTC peaks at 71800, it will pull back and oscillate below 70000. Altcoins will start to rise from the meme sector, with various sectors rotating upwards before funds withdraw, initiating oscillations until unusual movements begin before the election concludes.

Regardless of the above, the future still looks promising for $BTC, but it will undergo various liquidations and contract liquidity fluctuations in between. What we need to do is to look for opportunities and boldly buy when the chance arises. Personally, I suggest those who do not understand the market should avoid opening contracts; otherwise, when the opportunity comes, they may not have the chips to seize it. Just buy spot and hold it where you feel secure.

If you make money trading contracts, don’t get overly confident; withdraw a certain proportion to your spot account to purchase actual assets.