Stay Calm! Stay Steady!
The day of the U.S. election is approaching, and the complex situation resembling wild punches hitting a seasoned master is reappearing!
For the two candidates, Trump and Harris, no matter who ultimately wins, it is actually beneficial for the cryptocurrency market. After all, the crypto world is a profitable field; how could it not have support?
Today, Bitcoin has pulled back to around the support level of 69,000, while Ethereum has pulled back to around 2,460. Bitcoin is showing a pullback action after a breakout, whereas Ethereum is still in a consolidation range. As long as there are no effective breakouts, there shouldn't be any major issues.
We just need to wait for the market to stabilize before entering again.
