After 4 months, Bitcoin once again broke through $70,000

Brothers, after 4 months, Bitcoin has directly rushed to around 71,600. There are still two days until the end of the month. Most people can’t understand the current market because the market makers have been buying. BlackRock alone is estimated to have bought 3 billion US dollars of Bitcoin in the past two weeks, and its holdings will soon reach 410,000. Other market makers have also been buying. Secondly, the data on the chain has increased significantly, and U has been issued to buy the big cake. It is enough to understand that these are two major trends. Therefore, it is a good time to ambush when there is no compensatory rise yet. When the price really rises, it will be the time to ship out the goods one after another, and the compensatory rise will come at any time.

The big brother sets the trend and follows it. This is a healthier trend, which is the current blood-sucking market. If there are all copycats running wild, it is usually in the late stage of the market. Therefore, although the copycats are currently in a state of following, it is also a normal phenomenon, and it also gives us enough time to layout the copycats we are optimistic about!

Election is coming

Generally speaking, the crypto market will see a good rise before and after the US election. There was even a rise after the results of the last US presidential election, but it fell in the first two days and the last two days.

In addition, for the crypto market, whether Harris or Trump comes to power, it is good news in the long run. Therefore, some funds choose to continue to bet on the subsequent market.


Back to the market, the current market is a bit like the big cake sucking blood. The funds in the market are all trying their best to make BTC break new highs. When BTC shakes, the opportunity for the cottage is here! Everyone can seize the opportunity to get on board

There are two main aspects here. 1. BTC hit a high of around 71,000 and then quickly fell back to 68,000 and fluctuated for a while. The altcoins followed suit and fell back. Funds fled. The altcoins saw lower prices and killed contracts and unsteady spot users. BTC has been fluctuating at a high level. After the wash, it continued to sprint upward to 73,000.

2. BTC hit a high of 71,000 and then fell back to below 69,000 and fluctuated. The altcoin started to rise from the meme sector. After the various sectors rose in rotation, funds withdrew and began to fluctuate until the end of the election.

No matter what is said above, the market outlook is still optimistic about BTC, but there will be various washes and contract liquidity in the middle. What we have to do is to seize the opportunity and buy boldly. Personally, I suggest that those who don’t understand the market should not open contracts, otherwise there will be no chips to take this opportunity when the opportunity comes. Just buy spot and hold it anywhere with peace of mind.



- $DOGE


Lao Chen talked about this currency yesterday. Doge is the ancestor of all meme coins. It is only a matter of time before doge reaches 1 US dollar. There is no need to rush for fake doge when there is real doge. Doge is the bitcoin among meme coins. Doge is the only POW meme coin. The founder has cleared the chips and completed decentralization.


The US election officially begins on November 5. Musk has recently frequently voiced his support for Trump and has already gone all-in on Trump. If Trump is elected next week, both DOGE and Bitcoin may usher in a breakthrough. Musk is the DOGE dealer. Recently, DOGE is obviously stronger than the market, and the main force has come in. DOGE has just broken through the daily line, and there is an opportunity for a big surge. The expectation of the currency circle for DOGE to hit 1u may be realized in this wave



- $SUI

SUI for the market: vigorously subsidize DEFI and game projects, introduce compliant and stable USDC, and carry out training around the world. Some chains can only be regional and concentrated in Asia. Currently, only SOL and SUI are global.

SUI Technology: Released the Walrus Protocol storage protocol (Walrus focuses on providing decentralized storage solutions for large data files or "blobs" (such as pictures, videos, etc.). Its design goal is to reduce storage costs while ensuring high availability and security of data.)

To get to the point, you can stock up some and wait for SUI to explode. If Ton relies on Telegram's powerful user base, then SUI relies on pure technology. Sui is more reliable in games and entertainment. Relying on high scalability and innovation, it quickly occupied the market and became the preferred public chain platform for many blockchain games. The price has risen well recently, providing long-term investors with a good opportunity to get on board.



- $PEOPLE

PEOPLE (ConstitutionDAO): It was first issued by ConstitutionDAO on the decentralized crowdfunding platform JuiceBox. During the crowdfunding period, 1,000,000 PEOPLE tokens can be obtained by donating 1 ETH. The total circulation is 5.06 billion, 100% of which is in circulation. The current market value is 470 million US dollars, ranking 129. The first issuance time is November 26, 2021. It reached its historical highest price of 0.185 US dollars within one month of issuance, and the current price is 0.076 US dollars per coin.

I think you can buy directly at this price without any hesitation. There will definitely be a big rise during the election! At the same time, Musk mentioned PEOPLE in his latest tweet, which attracted great attention from the market.



- $APT

The Aptos Foundation announced that $USDT is officially launched on the Aptos mainnet.

Judgment: The recent surge in SUI did not drive the rise of APT. The official launch of $USDT on the Aptos mainnet means that although APT has not risen, the aptos project is still building its ecosystem. The official launch of $USDT on the Aptos mainnet will drive the usage rate of APT, which is a disguised positive for the rise of tokens.