The market has reached the resistance level of 68800 from a few days ago! The current rise does not seem to be supported by any actual positive news! Besides the upcoming presidential election, there is also a consortium that revealed holding a large amount of BTC this morning.
I just checked the market options comparison! It feels like today's rise is driven by bullish sentiment in the market. We should be a bit cautious about this. I estimate there might be a sharp drop soon! Then a rebound. If friends who are bullish like me last night can take profits or close part of their positions. I have exited. If it drops, I will look for another opportunity to enter. If it doesn't drop, I will wait until 7.3-7.4 to see if I can enter for a short. In any case, everyone should be very careful tonight! Whether it rises or falls, tonight should be quite exciting. Especially since it seems like Biden is going to vote early today 🤣. The more such situations, the more intense the fluctuations. After all, the market is just a capital game. It's just a choice of whether to cut more or less. Without major positive trends, it's better to take the profits when available!
