Will the related copycats take off as the election is about to land? Institutions continue to buy, and the big bull is only one opportunity away!
After the release of the non-agricultural data last night, Bitcoin surged to around 71,600, and then took a sharp turn and tested the support near 68,800 below again. It is likely to fluctuate widely in the range of 68,800 to 71,600 over the weekend. Ethereum also follows the trend of Bitcoin, which is weaker than Bitcoin. It reached a maximum of 2,580 and then fell back to 2,480 again.
The big change and direction will still wait for the results of the US election to be released next Tuesday. Risk funds may enter the market again to push prices further up. Yesterday, BlackRock was still in a buying and buying state. As a small retail investor, just follow the main force to drink soup. With the inflow of funds, the price may not necessarily rise, and the subsequent outflow of funds may not necessarily fall in a short time. However, when funds flow out, it is time to sell at high prices! Therefore, BlackRock's subsequent movements deserve special attention. At present, it may only be the stage of the main force building positions, and the big ones are still to come.
