After three consecutive days of outflow of nearly 700 million US dollars before the results of the general election, the Bitcoin spot ETF returned 622 million US dollars in volume yesterday with the return of Trump. It is conceivable that in the foreseeable fourth quarter, off-market funds will flow into the market at a more疯狂速度.
In the current market, Uncle San is very sure that the big cake will use the short-term 72,000 points as support for a strong reversal. Bitcoin's leading drive will become the initial driving force of this round of market, and latecomers will follow closely. However, before that, we should pay special attention to the potential leverage clearing risk in the market. Uncle San said yesterday that when the bull market indicator is repaired, the market will start a new round of main rise.
In the current network data, the liquidation range of bulls when Bitcoin falls to 72,000 points is 2.27 billion US dollars, and the liquidation range of shorts when Bitcoin rises to 78,000 points is 2 billion US dollars. The huge market fuel, a wave of more than 4,000 points of bulls and bears, is comparable to a thousand-year-old ginseng for the future crazy bull market. This expected crypto feast always requires the leverage market to pay for us.
In terms of market conditions, Ethereum has begun to accumulate strength since yesterday. Judging from the strength, it will continue to increase its volume after a short-term joint adjustment, which is expected to lead to a wave of counterattacks by cottage industries. Yesterday, the net inflow of Ethereum spot ETF was US\$53.2 million, which is a relatively high point in the short term. It is expected that this data will eventually recover with the recovery of the market.
In terms of macroeconomics, the Bank of England cut interest rates by 25 basis points today, in line with market expectations. Overnight, the Federal Reserve will hold the November interest rate resolution. The market expects to cut interest rates by 25 basis points, and the final implementation will enable the market to transition smoothly after the US general election and rise briefly. What we need to wait for is to move forward bravely after the leverage liquidation.
Yesterday, the three major US stock indexes all hit new highs, and Musk once again became the world's richest man. As expected, donations are money-making! One day, we should also find a potential currency to donate some money to make a lot of money. Maybe the next 100-fold chip will come from the currency that is randomly distributed.
The market has not officially started yet, so no matter what, you must have confidence, and you must not blindly operate. The saddest thing in a bull market is to become the fuel of the market, and the most pitiful thing is to miss the market. Neither of these two has received any benefit, but they have borne all the jokes of the market.
Regarding the operation, I reduced the position of doge and other coins with higher returns after Trump's victory the day before yesterday. In the past two days, I plan to push them all out. My personal operation is still based on the previous cottage chips, and I will play well with the positions in my hands, and then gradually reduce the positions with the start of the cottage market, and finally complete the transfer of chips on the plate.
There is nothing else to say about other aspects. Keep the faith. High volatility in a bull market is normal. Next, every callback is the starting point of a new high.
BTC: The bottom leverage liquidation point of Bitcoin is around 72,000 points. If there is a chance, this position is the most suitable entry point at present. The short-selling liquidation position of the market is around 78,000 points. It is normal for the trend to reach either position first, but the most efficient way to increase market fuel is to fall first and then rise, with a direct pull-up fund of 4 billion US dollars in place! Of course, rationally speaking, there is basically no suspense for the interest rate cut at three o'clock overnight. We focus on Powell's speech after the interest rate resolution, which will release the short-term monetary policy of the Federal Reserve and is expected to generate huge short-term fluctuations. There is really nothing to say about the market of big cakes. It has broken through. It is a question of how to continue to reach new highs!
ETH: Ethereum 2700 points has officially stabilized on the daily line. The bulls are gradually establishing. The first high point of the bulls on the trend is 3200 points, and the support is 2700 points. Let's look forward to continuing efforts.
Cottage: See the comment area! The latest five-fold currency plan will be announced within 24 hours.
Fear and greed index is 77 during the day.
Finally, stay away from leverage and stock up on spot!#DOGE看涨情绪飙升 #山寨季将至？ #美国大选后涨或跌？ $BTC
