[Crypto 24h ago]
As analyzed in the article below, Total 3 needs to maintain the position of 592B and the price must not close below yesterday's daily candle at 580B if it wants to maintain the bullish trend (Fake breakout down)
Currently, Total 3 is hovering around 593B, I will continue to follow and inform you if there are any special issues.
In the past 24 hours, 95,213 traders have been liquidated, with a total liquidation amount of 225.87 million dollars.
The largest liquidation occurred on OKX - BTC-USDT-SWAP worth 5.26 million dollars.
Tomorrow evening, according to Vietnam time, the U.S. elections will take place. To be honest, I don’t care much about who the U.S. president is; how the $BTC moves is not too related to Trump or Harris.
Major news will occur as follows:
- 11/5/2024: U.S. presidential election
- 11/6,7/2024: Fed meeting regarding interest rates and inflation.
Usually, Q4 + presidential elections, the Fed will pump a lot of money, so it is often a good time for the market (However, MM will take advantage of the news to sweep $BTC 2 Long Short)
The issue of inflation will continue to be a concern after Q1/2025; be cautious about timing.
#BullistMarket #BULL-RUN #altcoin2025 #mememcoinseason2024 #BTC☀️