Big things are really coming!!!
The current market long-short ratio has reached 7 to 1 [options, contracts]. The overall recent altcoin market shows that the increase in Bitcoin at 65,000 and the current 71,000 mainstream altcoins is pitifully small
Bitcoin was 71,000 for the first time, Ethereum was 4,000, and it was 7100 again, Ethereum was 2,600 [you can clearly see the weakness of altcoins]
The current market is still a blood-sucking market
Recent settlement chart Bitcoin went up to 74,000, short settlement was 420 million, fell back to 65,000, long settlement was 2.3 billion, and 62,000 settlement was 4.2 billion
Therefore, the market has come to a very uncertain stage, and the recent strength is mainly due to the coming of the US election
November 5th is expected to be a very obvious watershed stage [expected to have a large roller coaster market]
The non-agricultural data in early November is also critical, indicating the interest rate cut this week [25bp high probability]
No suggestions will be given to continue buying during the rise. The volatile market in recent months clearly shows that the big cake is sucking blood crazily, and the copycat has a large-scale wash
Buyers will choose to build positions during the decline
The currencies deployed this month, such as stx ondo link bome doge, etc., my suggestion is to appropriately reduce or clean up BC
I have created a chat room on Binance. Friends who are interested can come and have a look. Spot passwords, contract strategies and other benefits will be shared from time to time.
I don't know how to enter the chat room. Click the three dots in the upper right corner of the contract → Chat room → Search room ID (70723178) to enter the chat room
