Bitcoin broke through 71,500 USD today with increased volume. The surge in Bitcoin's trading volume today, alongside the continuous entry of institutional whales, suggests that breaking historical highs is now a given. The focus should now be on whether Bitcoin can surpass 80,000 USD on November 5. Ethereum, which had previously been struggling, also passively broke through 2,600 USD today; this can be seen from the market volume ratio. The significant surge in Bitcoin today has left many who sold at a loss the day before puzzled, and those who are on the sidelines are once again left sighing in despair. The crypto market has provided you with opportunities, but if you cannot see the trends and are always chasing after prices, you tend to buy high and sell low, often chasing after trends when the market is euphoric!
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Looking back at the market crash a few days ago, on October 24, Bitcoin dropped to 65,251 USD due to a 'fake' news report in the U.S. about an investigation into Tether, which misled countless people. The missile crisis between Israel and Iran inadvertently harmed many in the crypto space. The current crypto market is actually filled with news and scams, all orchestrated by whales and institutions to acquire assets. This is what we commonly refer to as the 80/20 rule in the crypto market. The market conditions are ever-changing; today someone says it will rise, tomorrow someone says it will fall. Today someone claims this coin will multiply by a hundred, and tomorrow another coin will do the same. All of this is a source of anxiety. Can you overcome it? That depends on yourself; it's a lifelong journey for everyone in the crypto space. The sooner you solve it, the sooner you benefit! $BTC $FLOKI $PEPE