The morning article clearly pointed out to go long around 67600, which has perfectly reached the expectation. Profits may be delayed, but they will never be absent!

The election is approaching. Will Bitcoin rebound strongly or continue to retrace? 🔥🔥$BTC $ETH

Before the US election results are announced, both the Republican and Democratic parties will take measures to attract more voters. Trump's approval rating has declined, which may lead to market uncertainty.

From a technical analysis perspective, looking at the four-hour chart, the bearish strength is gradually weakening while the bullish strength is increasing. There is support at the bottom around the 67200 area. However, in the short term, there is still some downward pressure, especially near the 67000 support level. If this support level is broken, it may continue to trend downward. Conversely, if this support level can be maintained, a new rebound may be on the horizon.

According to institutional predictions, the price of the coin is expected to rebound slightly, with a test of the short-term 68600 area. If following the main trend's short-selling plan, this point is also a relatively ideal position.

Trading suggestion: Bullish around the 67600 area, with a reversal entry for short positions near the high point of the test pressure. Target at 67450～66800