In the near future, the cryptocurrency market, especially $BTC , requires investors to be vigilant. At present, the price of BTC is fluctuating around $62,000. Although there is no sign of the market continuing to fall, the market may fluctuate considering that some large interest groups and capital institutions may not want BTC to rise sharply immediately. At the same time, some funds may be flowing into the Chinese stock market because the Chinese government said at a press conference that it will further support the stock market.

From a strategic point of view, the Chinese stock market may continue to rise for a while until new and old investors alternate. When the upward momentum weakens or policies change, funds may be quickly withdrawn and returned to the cryptocurrency market. At present, many novice investors in the cryptocurrency market may just wait and see.

It should be noted that BTC may have another decline, which may be the last wash before the big rise in November. If Trump comes to power, he may have more friendly policies for digital currencies. Before the market carnival, there is usually a particularly cold and miserable period, so it is not recommended to go long without setting a stop loss. Although the current pattern looks like a small fluctuation, if Western capital continues to push down prices when Eastern capital withdraws, the decline may be greater, and it can obtain chips at a lower price, and then quickly pull up, without giving Eastern capital a chance to react and return, and can only miss the bottom of the current stage.

Currently, BTC is around $61,800 on the daily level. Be sure to set a stop loss when getting on the bus. This is a special period, and there can be no carelessness. From the perspective of long and short sentiment, the market is still waiting and watching, and they are all betting against each other. If the market starts to rise, it may be very rapid. After all, the Trump family and the Musk family also hold a large amount of $BTC

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