There is also some market volatility on weekends, which is indeed somewhat unexpected, possibly influenced by the approach of important news. What should have been a calm market has provided some room for operation. With the U.S. elections approaching, I hope that cryptocurrency friends operate cautiously and pay close attention to international changes.
In the 4-hour structure chart, after being pressured down from historical high points and continuing to decline, there was still no significant buying interest during last week's non-farm payrolls despite some positive news. The market shows a significant fear of the impact of the U.S. elections. Overall, although there has been a pullback, it remains within the upward trend line, and the pullback is for better upward potential, building a bottom and gathering strength. The overall market is about to welcome a new round of upward trends. The intra-day operation suggests a main bullish approach.
Bitcoin has pulled back to the range of 68700-68400 for long positions, with an upper target of 70000-70800#BTC☀ #ETH🔥🔥🔥🔥 #美国大选后涨或跌? #比特币矿工收入飙升 #美联储利率决议来袭 .