From August 5th to today, the comparison of Bitcoin, spot gold, Nasdaq, and the A-shares can still form a clear contrast; everyone can look at the chart themselves.

Gold has reached an all-time high, on August 22 (2470 ounces) I mentioned to some friends that if they had spare money, they could buy some gold, not sure if they did, today (2752 ounces).

Bitcoin is rushing to a new high ahead of the election (November 5th) with a current price of $71,232, peaking at $71,607 this morning, and an all-time high of $73,750. At this position, everyone must be prepared defensively, set mobile stop-losses, do not get FOMO'd in the square, and avoid losing half a fish for the tail. If you get stuck at high positions, you might be stuck until next year. I won't post the Bitcoin chart; everyone can look at it themselves.

News:

The most concerning event for everyone is the election on November 5th. Although on the Polymarket financial prediction platform, Trump has a significantly higher winning probability than Harris, the polling results show that their chances are quite close. Everyone should be careful of unexpected events. The betting amount for this election has exceeded $2.55 billion, with most funds placed on Trump, as many believe he will win.

Another 'good news' is that BlackRock may personally enter the market to buy Bitcoin. Previously, the inflow of BlackRock's ETF was not from the institution itself, but from American retail investors buying into BlackRock's ETF, which BlackRock used to buy Bitcoin. BlackRock is like an intermediary. It seems that BlackRock's shareholders voted on this yesterday, not sure if it passed.

Non-farm payroll data for Friday, November 1st. (If there is an unexpected significant increase, it is possible that rates will remain unchanged in November.)

November 7th Federal Reserve interest rate decision. (The probability of a 25 basis point rate cut in November is 94.8%)

On October 31st, the Bank of Japan's interest rate decision is due. Although recently, Bank of Japan Governor Ueda has stated that the central bank has enough time to consider the next policy step, suggesting that interest rates may not rise in the short term. The market generally anticipates the next rate hike may come in December or January next year. However, caution is advised; Japan may act unpredictably. Furthermore, Japan's political situation may become turbulent. Whether Shigeru Ishiba can continue to govern or become the shortest-serving Japanese prime minister since World War II will depend on next month's re-election. If the Nikkei crashes, a repeat of August 5th may occur!

Friendly reminder: Friends who haven't entered the market yet, please do not enter now. Bitcoin and gold are currently at historical highs, entering now might make you the one left holding the bag, and being stuck feels very painful, which can affect your mood.

Friends already in the market should set mobile stop-losses, make sure to stop losses, definitely ensure stop losses, or sell part of the profits. Safety first, protect the principal.

Good news turns into bad news once it is fully released.

I have never bought Nasdaq, nor do I express any opinions on it. As for A-shares, I have lost confidence due to previous losses and being stuck for many years. I wonder how many new investors are stuck this time and how many years it will take to break even.

I hope everyone can ride the waves in the upcoming bull market, profit a lot, and see numbers continuously rise. Go for it!