This week has seen significant events occurring frequently, and market volatility is expected to be quite severe.
Elections will be held on November 5, with preliminary results expected to be announced on November 6.
Immediately following, a rate decision meeting will take place on November 7, and the interest rate decision will roughly be determined on November 8.
It is worth noting that this rate cut is different from previous ones, as it is closely related to the U.S. elections and thus carries political implications.
Since March of this year, the market has indeed become quite challenging. However, everyone should note not to give up before the dawn arrives and to ignore all negative voices. After all, we are not here to give up easily.
Everyone wants to make money. Everyone wants to enjoy the benefits.
Find the right coins, find the right people, and you will achieve twice the results with half the effort.
Still, the same saying: the open positions in grapefruit are small enough for small positions to participate, while large positions are for high-end strategies. Waiting for stabilization is the best time to enter. It should be noted that open positions have a range, and adjustments should be made based on real-time market conditions.
Trump's approval rating has sharply declined, falling from this week's peak of 68% to 58%.
CNN, a left-leaning media outlet, found in a survey of early voters that 60% chose Harris, which undoubtedly raised concerns among Trump supporters.
The data provided by both sides is vastly different, with each claiming they are about to win. I believe this data has little reference value. However, predictive markets indicate that Trump's chances of victory have dropped by 10%, which is worth noting.
In my personal opinion, the support ratio between Trump and Harris is about 6:4, but the possibility of Trump's defeat still exceeds 40%. As a result, many cryptocurrency investors choose to lock in profits early to mitigate risk, which has also led to a slight pullback in Bitcoin prices.
My strategy is to buy when the spot prices of ETH and Sol decline. For leverage, I only use a very small proportion or do not use it at all. I must hold positions with safety ensured, avoiding the risks of high leverage.
Once the results are revealed next week, we will actively engage in right-side trading based on the situation, especially if Trump wins, we can increase our positions accordingly.
#今日市场观点 #大非农数据 It's the weekend soon, and there will be big non-agricultural data in the evening
I can only say that those who are not present should wait and see first, and those who are present should pay attention to risk avoidance
There are only three or four days before the election. No matter who is elected, there will definitely be a callback
Of course, if Trump is elected, the callback will be relatively small
If Harris is elected, the callback will be shocking, but it's nothing
After all, anything that happens in the currency circle is normal. Youzi is just reminding everyone here to pay attention to avoiding callback risks! ! !
#今日市场观点 Yesterday's arranged GOAT-loss Yesterday's arranged -PYTH-currently at 4 times Only the dog is left, let's see if everyone has adjusted according to the points given by Yuzu based on the actual market In the face of all market conditions, the support appears to be truly weak🤡
SOL: Has broken below the EMA24/52 moving averages and is currently testing the critical resistance level of 174.26. If it stabilizes, it will test the upper moving averages and resistance at 176.5. A breakout could target 180, with support below at 166.
ETH: The price has broken below the EMA24 moving average, and the MACD yellow and white lines are approaching the zero axis. Focus on the support at EMA52 and the resistance level at 2620, with pressure above at 2666 and support below at 2513.
Note: SOL shows divergence in the 90-minute, 3-hour, and 6-hour timeframes, so pay close attention to support levels.
K-Line Pattern: Recent prices have fluctuated in the range of 0.160 to 0.180, forming a consolidation pattern. A rapid rise occurred between October 29 and 30, but it was followed by a pullback, indicating strong resistance above.
Technical Indicators: MACD: The current DIF and DEA are close to the zero axis, and the MACD histogram shows a slight negative value, indicating that the market is in a consolidation state with an unclear trend.
RSI: The RSI value hovers between 60-80, having entered the overbought area before retreating, currently around 67, showing a weakening of bullish strength.
EMA: The short-term EMA (7) is above the medium to long-term EMA (30, 120), but the gap is narrowing, indicating that short-term upward momentum is weakening and may face adjustment.
Trading Volume: On October 30, trading volume significantly increased, accompanied by a price surge followed by a pullback, indicating intensified divergence between bulls and bears. The subsequent trading periods saw a gradual decrease in volume, reflecting strong market indecision.
【Yuzu DOGE Recommended Position Reference】
Long Position: Around 0.165 (Reason: Near previous lows, strong support at this round number)
Long Position: Around 0.160 (Reason: Closer to the low of the previous wave, increasing safety margin)
Long Position Stop Loss Suggestion: 0.157 (Reason: Below the support area after breaking the second buying point)
Short Position: Around 0.183 (Reason: Recent high-pressure zone, clear resistance at this round number)
Short Position: Around 0.188 (Reason: After breaking through, upward space opens up for further testing of upper resistance)
Short Position Stop Loss Suggestion: 0.191 (Reason: Potential reversal signal after surpassing the second selling point)
The above is Yuzu's personal analysis; whether to operate or not is up to you!!