Yesterday's market review: shock wash, opportunities come quietly
Yesterday, Bitcoin hit a high of $64,800 in the early trading and then fell all the way until the U.S. stock market opened, then rebounded briefly, but then fell again, falling below the $63,000 mark, but rebounded above $63,000 this morning. However, there are still many people trapped above $63,000, and the main force is likely to clean up the market at this position and will never let the funds unwind easily.
There are still 4 days until CZ is released from prison, and the market is already expecting that this will be a positive for the BNB sector. Especially since CZ mentioned before that he would focus on education, the education sector in the Binance ecosystem may become the next outbreak point.
Two potential education sector currencies
EDU – Open Campus
Open Campus is a decentralized education platform, backed by Binance, that aims to solve the pain points of the current education industry. The current price of EDU is $0.66, and the historical high was $1.69. As CZ turns his attention to education, if he posts related tweets after his release from prison, the market is likely to pay great attention to EDU.
HOOK – Hooked Protocol
Hooked Protocol is an educational platform focused on "earning while learning" and provides infrastructure services. The current price is $0.48, and the historical high was $5. However, HOOK's liquidity is relatively low, so you need to pay more attention when investing, but it is still worth noting in the layout of the education sector.
Today, the entire network has a liquidation of 93.5 million US dollars in the past 24 hours
In the past 24 hours, the entire network has been liquidated for $93.5063 million, of which long orders have been liquidated for $60.1301 million and short orders have been liquidated for $33.3762 million. A total of about 43,500 people have been liquidated.
Today's Fear and Greed Index is 50, and market sentiment remains stable
Bitcoin trend has reached a turning point and is about to hit a new high
The current trend of Bitcoin is very similar to the previous rounds of halving, and the market has reached a critical turning point. In the short term, if Bitcoin can break through $65,000, the market will usher in a wave of strong market conditions and is expected to take off directly, with the target directly reaching $75,000.
October is a bullish month for Bitcoin
There are only 5 days left in October, which is not only the beginning of the fourth quarter, but also the prelude to the market explosion. In October every year, the return rate of Bitcoin is usually the highest!
Looking back at the trends of previous years, the market went sideways in September, rose in October, and then rose in November, and finally had a bumper harvest in December! The cross-year market is almost like this every year, and the key lies in holding on to these last few days!
A general market rally is coming, and now is the time to prepare and seize the opportunity!
