Golden Finance reported that 10xResearch said in its latest analysis that Bitcoin attempted to rebound yesterday but failed to break out of the triangle pattern. However, with the change in election odds and a slightly favorable risk appetite environment, Bitcoin may try to break out to the upside again. Nevertheless, there are still significant risks that may lead to a pullback in late September and then a potential rebound before the end of the year. All three reversal indicators show a strong rebound, and momentum exceeds its moving average, which is an encouraging sign of improving technical conditions in the market. The possibility of a rise to $65,000 is within range. However, we will keep a close eye on the direction of the triangle breakout. Risk management remains critical. As expected, long positions in perpetual contracts are limited after the sharp decline after the crash on August 5. Ethereum's open interest remains relatively unchanged, while small short positions in Bitcoin may be closed, driving prices higher. From a positive perspective, derivatives positions are no longer overextended, unlike in late July, when excessive leverage led to an inevitable pullback.