When I woke up in the morning, the cryptocurrency market was surging, and both long and short sides were in trouble. In the early hours of the morning, a sharp needle line penetrated the 65,800 point, catching many bulls off guard. The short side thought that the general trend was gone, but unexpectedly the situation reversed in an instant. The market staged a V-shaped reversal drama, directly sweeping away the short positions near 68,200. In just 24 hours, the amount of liquidation has soared to 160 million, the morale of the short side has been greatly reduced, and the market has been dominated by the long side.

The news that Biden withdrew from the election was like a catalyst, pushing the price of BTC to soar, and the market enthusiasm was rekindled. Musk, who has been missing for a long time, has also frequently spoken out, supporting Trump while showing his laser eye avatar, adding fuel to the long camp. At present, the market trend seems to have clearly pointed to the upward trend, and many investors have entered the market, looking forward to breaking through 70,000 or even new highs. However, in this craze, the risk alarm bell also needs to be sounded.

Although the long-term momentum is high, the intentions of the dealer have always been elusive. Although the short side has suffered a heavy blow, the long side should also be cautious and avoid blind optimism. Investors are advised to make arrangements after BTC has firmly stood above the key point of 68561 to ensure safety. The market is always full of variables, and the apparent positive news may be a trap set by the banker. Therefore, only by staying rational and controlling risks can we move forward steadily in the storm of the cryptocurrency market. #以太坊ETF批准预期 #比特币行情 #特朗普拜登 #币安HODLer空投BANANA #美国大选如何影响加密产业？ $BTC $ETH