#美国大选后涨或跌? #美联储利率决议来袭 #11月市场预测 #美国选情僵持 #非农就业人数大幅降温 Tuesday, the early session experienced a sharp drop, and the probability of continuation is quite high, leading to a rebound followed by short positions!
Recently, the most discussed topic has been the U.S. presidential election and the upcoming Federal Reserve interest rate cut meeting. Currently, the confrontation between Trump and Biden remains unresolved, and the uncertainties surrounding the election are deepening market panic. The early session saw a drop of 66,800, and previous positive sentiments have been completely digested. A cold wave continues to engulf the cryptocurrency market. At present, we patiently await the outcome of the U.S. election to see if it can bring some warmth to the crypto market.
Currently, Bitcoin has broken below the upward trend line on the short-term 4-hour chart, with lows gradually moving down. Although there is a rebound, the momentum is insufficient. This short-term adjustment temporarily targets the daily mid-range of 65,300-65,500. For short-term operations, one can follow the trend by shorting on rebounds. In the afternoon session, it is highly likely to maintain the range of 66,500-68,500, and will not provide continuation action for the time being. The focus is on the U.S. market to see if it can break the levels. The high point yesterday was around 69,500; based on the current momentum, the probability of going higher is very low. This position serves as a limit for short positions. Regarding Ethereum, it has not shown strong movement either, and the rebound highs are continuously decreasing, so one can follow the short positions of Bitcoin.
For the short-term strategy in Tuesday afternoon, for Bitcoin, reference 68,000-68,500 for short positions, and if it pulls back to the low point around 66,800 without breaking, a short-term long position can be taken. For Ethereum, short at 2,430-2,450, and if it pulls back to the 2,330-2,350 area, stop and take a short-term long position. This short-term strategy is for reference only; adjustments will be made based on market signals later in the evening. That's all for now. Yesterday's daytime operations were executed perfectly, and the evening session was fully short, making all the right moves. For those who struggle with short-term operations or positioning, feel free to reach out with any questions. I'm always here! Wishing everyone successful trading!