Bitcoin will close the monthly line tomorrow. Get ready for the upcoming data, interest rate cuts, and the election!
Currently, Bitcoin is in a high-level consolidation phase. Yesterday, it retraced to the first small gap and temporarily found support, rebounding from around 71,500 to 73,000, a rebound of 1,500 points. Today, continue to pay attention to the altcoin situation around 71,500~71,700!
Yesterday, the Ethereum exchange rate welcomed a wave of counterattack. Ethereum performed strongly yesterday, with a soaring momentum. However, due to the lack of confidence from the whales, the opportunity was lost for November. Risks should still be taken seriously. Although everyone predicts Trump will win, this is just a prediction and cannot be 100% certain; therefore, necessary cash reserves are still needed, and appropriate risk avoidance measures should be taken.
BTC's market value has reached the level when the last bull market started in October 2020.
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