Nearly three months later, Bitcoin breaks $70,000 again

Currently, it is only a little over $2,000 away from its historical peak, a 3% increase;

but other altcoins are basically still halfway up the mountain or at the bottom: even ETH is still 46% away from its historical high.

SOL is at 30%, BNB is at 16%, while popular coins from the last bull market like DOGE, SHIB, ADA, ICP, FIL, DOT, etc. are still down 70% or even 90%;

From this perspective, we can only say that it is Bitcoin's bull market for now, and of course, bull markets start with Bitcoin rising first;

The market liquidity has not yet picked up, and cannot support a broad rally. Currently, it may be quite difficult to see other altcoins surge alongside Bitcoin; it would be good if 20% of altcoins ultimately have a greater increase than Bitcoin;

Next, there are a few major events to pay attention to in November to prevent black swan occurrences:

November 1: U.S. Non-farm Payroll Night;

November 5: U.S. Election;

November 7: Federal Reserve Interest Rate Decision;

Currently, one should have about half of their positions, but don't rush to go all in; it’s best to wait until these three events settle and decide on your investment strategy based on the market fundamentals at that time.