Do you know the impact of major US events on the world's financial sector now? If you don't pay attention to these international information, once the strategy operation is wrong, it will be doomed!
Next is the US election. This event is no less than last night. Let's see who wins. Trump is still a good boy. There is a high probability that it will be good. Don't ask for high. A 5% increase is enough, haha. Just kidding, trading is not gambling, it is to make deterministic transactions and go with the trend. So when there are unclear signals, what you need to do is not to predict based on feelings, but either not to operate, or to consider the impact of various factors on your strategy.
Some time ago, 55,000 was a strong pressure point, but an event directly hit 53,000! Of course, it was driven by the previous volatile decline. The second bottoming out in September will not be a problem. No matter from any angle, 48,000 as a sign of the second bottoming out will be touched!
After the short order was blown up last night, it began to fall rapidly and then the long order was blown up. Many short-term traders were even more miserable. They thought the amplitude was not large, but it went straight to below 53,000! Few people who do short-term trading can bear it. Look at the data of liquidation in the figure below, both long and short positions have been liquidated!
The current range is 53,000--56,000. The impact of the presidential election on the financial market on the 10th is coming again. Will it reach 58,000 directly or break through 50,000? What do you think? $BTC $ETH $SOL