Evening Bitcoin Trading Strategy for November 10
Boldly predicting a slight drop followed by a significant rise!

Currently, the market for Bitcoin exhibits certain volatility and challenges at resistance levels. From the four-hour chart analysis, the bullish strength of Bitcoin approached the resistance level near 69,500 but subsequently faced a pullback, indicating that a reversal signal may soon appear in the market. The Bollinger Bands still maintain a downward opening trend, further emphasizing the presence of the important resistance point at the 69,500 area, while attention should also be paid to the support situation near 67,600.

From the one-hour structure, it is observed that bullish momentum is gradually weakening, with the Bitcoin price retreating after reaching the upper band, indicating that upward momentum may be limited in the short term. Against this backdrop, immediate resistance at 69,200 should continue to be monitored above, while the first support line at 68,100 and the more critical second support level at 67,100 should be emphasized below.

Trading Advice
Short one contract near 69,000 with a target of 68,100 #美国大选后涨或跌？ #美联储利率决议来袭 #11月市场预测 #BTC☀ #BTC突破7万大关

Although the afternoon long position did not reach the target point
There is still a profit margin of 800 points which is quite considerable
In the evening, continue to maintain a long position
Just intervene in the long position directly at the low point of the pullback
Just now it has retraced to the low point
We directly enter the long position
Target 70000#11月市场预测 #美国大选后涨或跌？ #非农就业人数大幅降温 #BTC☀ #BTC突破7万大关

What impact will the U.S. election results have on Bitcoin?
1. Direct impact of U.S. election results on the Bitcoin market
Short-term price fluctuations: U.S. election results often bring market uncertainty, which can lead to short-term volatility in cryptocurrency markets such as Bitcoin. For example, before and after the election results are announced, Bitcoin prices may experience dramatic fluctuations.
Market sentiment driven: Election results will directly affect market sentiment. If the election outcome meets expectations, it may bring market stability; if the election results are unexpected, it may trigger panic or euphoria in the market, thereby affecting Bitcoin prices.

2. Potential impact of different candidates' policies on Bitcoin
Trump's policy: Trump has expressed support for cryptocurrencies and promised to promote Bitcoin as a strategic reserve asset for the U.S. if elected. If Trump wins, the market expects Bitcoin may receive policy support, thereby driving up its price.

Harris's policy: Although Harris's specific policies on cryptocurrencies remain unclear, as a Democrat, her policies may be more inclined towards regulation and consumer protection. If Harris wins, the Bitcoin market may face a stricter regulatory environment, which could impact prices.

3. Impact of election results on market expectations and investor sentiment
Changes in market expectations: Election results will directly affect market expectations for future economic policies. If the election results bring policy uncertainty, investors may choose safe-haven assets such as gold or traditional currencies, thereby putting pressure on risk assets like Bitcoin.

Fluctuations in investor sentiment: Election results often trigger significant fluctuations in investor sentiment. If the election results meet expectations, investor sentiment may stabilize; if the election results are unexpected, it may trigger panic in the market, leading to sell-offs of assets like Bitcoin.#美国大选后涨或跌？ #11月市场预测 #你问我答 #BTC☀ #BTC突破7万大关

11.4 Monday Afternoon Operation Analysis
In the ocean of the stock market, everyone is a navigator. Facing the turbulent waves, we may feel lost or exhausted, but please remember, every trough is preparing for the next peak.

Has the big pie retraced to the right level? Can it break new highs in the next couple of days?

From a technical structure perspective, with all moving averages turning upwards, the MA30 has reached 66815. It is quite reasonable for the big pie to retrace to the 10-day moving average, but the only thing that cannot break is the two lower moving averages MA250 (64200) and MA120 (62600). If it breaks below, then the bull market will truly come to an end. The market will open at 9:30 PM tonight, and the overall perspective will change. I do not recommend shorting at this level today. From a smaller timeframe perspective, if the retracement does not break 68250, it is considered a buying signal, and we can directly enter long positions.

Operation Suggestion
Buy around 68300, target 70000
Breakout 70500#美国大选后涨或跌？ #非农就业人数大幅降温 #你问我答 #BTC☀ #BTC突破7万大关

The short-selling strategy in the evening has been validated
There is currently a space of 1000 points
The current bears are also repeatedly testing the lower support
It is only 66 points away from the target point I provided
Let's continue to watch the continuation of the bears
If the position breaks, just hold on to it #你问我答 #美国大选后行情预测 #美国大选后涨或跌？ #BTC☀ #BTC突破7万大关

#11.3 Weekly Bitcoin Trading Strategy Analysis
As long as Bitcoin does not break the major support, it remains a bull!

The weekend showed a small fluctuation, so let's talk about next week's trend.

Most of you are aware of the biggest news next Wednesday; the results of the Trump and Harris election will have a significant impact on Bitcoin's movement, which we must pay attention to. Bitcoin is now clearly linked with the US stock market, so market direction should consider not only technical indicators but also various news factors.

The pullback is caused by capital seeking safety or profit-taking. Currently, the moving averages are trending upwards. Do not make the worst-case assumption, but pay attention to M250 and M120. We can watch whether Bitcoin will return to the support level of 66,000 while waiting for the moving averages to shift upwards. The area around 66,000 is still a buying point, but we need to be aware of systemic risks. On the four-hour level, we need to wait for a rebound before going short. If the rebound reaches around 72,000 and does not break a new high, a second buy may occur. Waiting for a breakdown would be better, as the pullback is not yet complete; just wait for right-side trading.

Trading Suggestions
Short around 68,800; Target 67,500; if it breaks, continue to look for 66,000; if it doesn't break, reverse to buy.

The financial market is in turmoil again, and major events are coming one after another!

As the end of 2024 approaches, the pulse of the financial market is beating stronger and stronger, and a series of major events are ready to go, which touches the heartstrings of every investor.

First of all, the election of the United States on November 5, 2024 will undoubtedly become the focus of market attention. This event may bring a new vane to the financial market.

Immediately afterwards, the interest rate decision and Powell's press conference on November 8 pushed the tense atmosphere of the market to a climax. As an important vane of the financial market, every adjustment of the interest rate decision may cause violent fluctuations in the market. As the head of the Federal Reserve, Powell's remarks have attracted much attention, and every press conference may bring new trends to the market.

This weekend, the market may be dominated by shocks, giving investors some breathing space. But don't forget that opportunities are always reserved for those who are prepared. A rebound trend in the evening may be the perfect time for you to seize the opportunity. If the support level is above 69000, you can consider going long to see a rebound; and when it is close to the 70300-500 area, you can consider going short to cope with possible market corrections.

Of course, while paying attention to short-term market trends, we cannot ignore long-term market trends. At present, the trend of Bitcoin has attracted much attention. 71500 has become an important pressure level, and 68800-68300 constitutes a key support area. If the support level is broken, the daily trend may turn downward; and if the support level is stabilized, the rebound trend may continue.

For those investors who are not good at short-term operations and swing trading, they can all recognize Hongshen. The financial market is unpredictable, but as long as we stay calm, analyze rationally, seize opportunities, and avoid risks, we will definitely be able to stand out in this market full of challenges and opportunities!

Hongshen is ready to start at any time, and five parking spaces are given within a limited time. Those who understand will understand, and they are ready to take off at any time! #你问我答 #美国大选后行情预测 #BTC☀ #BTC突破7万大关 #比特币白皮书16周年

Two days to flip the position, how about that?
Just asking if the entire network's suggestion to eat isn't enough to fill you up in these two days?
Yesterday suggested shorting with a space of nearly 3000 points
Today suggested going long with another space of 2500 points
Flipping positions only takes two days, and only requires two orders
In a bull market, the bold get overfed, while the timid starve
Adjust your mindset, recognize the market, and just get it done
Don't hesitate
Still, the same old saying: those with a confused mindset in a bull market don't know what to do
All can trust Hongshen
With a sincere heart, return the trust to others!

Yesterday I suggested shorting all day
Today I suggested longing all day
If the direction is right, you can make money no matter what you do
Are there any brothers who follow me?
The current target point is 71000
Since it has broken, we will continue to hold long positions and look up
Long positions continue to look up to 72000#你问我答 #美国大选后行情预测 #下一BTC历史新高是多少？ #BTC☀ #BTC突破7万大关

Should I go short or long?
I was bullish all day yesterday.
Short orders successfully won 2,000 points.
This afternoon, the entire network prompted me to go long.
There is currently 800 points of space.
Those who follow the long position can hold it for a while to see if it can break through 70,000.
If it breaks through, continue to hold.
Those who seek stability can also stop profit first. #美国大选后行情预测 #你问我答 #你问我答 #BTC☀ #BTC突破7万大关

11.1 Afternoon Operation Ideas
Yesterday we were bearish all day. Later in the evening, the bears started to gain strength. Although we exited our short position at 70500 points in the evening, making a profit of 5000 oil, the bears continued to push down past the 70000 mark, reaching a low of around 69500. We shouldn't expect to take a big bite all at once; there will be many more large movements ahead. As long as we are on the right side, we can eat our fill!

The current decline and correction undoubtedly provide space for the upcoming US presidential election. The overall trend remains bullish.

Now, let's talk about the current market situation. The current price of Bitcoin is approaching the middle of the Bollinger Bands. Additionally, in the KDJ indicator, although the K line faced slight pressure and corrected near the upper track, the D line and J line continue to rise, indicating that the overall trend still points to a bullish market breakout. There should be a slight correction ahead, and we can directly go long at lower levels.

Trading Suggestions
68800-69200 Long Target 71000
Stop Loss 68200

The whole day has been suggesting to short
Currently, the short position is quite profitable
Let's take profits on the short position first
If 70000 doesn't break in the evening
We can directly go long at #BinanceBlockchainWeek #美国大选后行情预测 #你问我答 #BTC☀ #BTC突破7万大关

The bears are starting to gain strength
The short position has a profit of 3500 oil
Looking bearish all day today
Has everyone kept up?
We will continue to hold the short position and watch the 71000 level
If it breaks, we will hold on; if it doesn't break soon, we will switch to long #美国大选后行情预测 #BinanceBlockchainWeek #下一BTC历史新高是多少？ #BTC☀ #BTC突破7万大关

Daytime consolidation
The big pie has been moving around 72200
In the evening, there is finally some action
Currently, it has almost reached the short selling zone I provided
We will continue to maintain our short selling strategy in the evening
Short near 72800, target 71500#BinanceBlockchainWeek #你问我答 #下一BTC历史新高是多少？ #BTC☀ #BTC突破7万大关

Many fans are asking if there will be a big drop after the election? Just like after Trump's speech, a big drop!

From the data I've summarized, the election itself is a trend, not a result. In simple terms, it often favors the risk market for three consecutive months after the election, rather than a straight decline right after the election result. Of course, these are past experiences and may not apply this time, but in the past 60 years, the instances of continued increases after elections have been overwhelmingly dominant.

So from my personal perspective, the first hurdle after the election might be Christmas. The Christmas and New Year period marks the holiday for many high-net-worth investors and institutions, and they won't be back until mid-January. There are also second and third hurdles, which are the pace of interest rate cuts and expectations of economic recession; we'll discuss those later. Overall, the benefits brought by the election are sustained, rather than suddenly interrupted. #BinanceBlockchainWeek #你问我答 #下一BTC历史新高是多少？ #BTC☀ #BTC突破7万大关

10.31 Thursday morning operation ideas
In the ocean of the stock market, everyone is a sailor. Facing the turbulent waves, we may be confused or tired, but please remember that every trough is to prepare for the next climax.

Yesterday, the short position layout was arranged to make a profit in the market price area of ​​72800. The retracement bottomed out near 71400, and the profit space was as high as 1200-1400 points. After touching near 71400, the big cake immediately rebounded and repaired to 72984. At present, the support level of 71500 below has been broken, indicating that the unilateral structure no longer exists. Today's white market can still maintain a high-altitude and low-multiple strategy.

Recently, after the price of big cake rose and fell, it formed a consolidation pattern in specific areas (such as the 70450 area), which was strongly suppressed near the 73000 mark. From the technical indicators, including RSI, they all show signs of downward retracement, and the flag-shaped convergence state has intensified the expectation of a decline. Therefore, in terms of short-term operation strategy, we focus on the high-short and low-long strategy. If the price falls to the target area and does not show strong continuation, you can consider going long.

Operation suggestion: short around 72800, target 71500
Break 71000, continue to hold, if it does not break, then go long #BinanceBlockchainWeek #狗狗币创数月新高 #你问我答 #BTC☀ #BTC突破7万大关

At present, the short position has gradually started to exert its strength. At present, there is 1,000 points of space for short positions. The target point remains unchanged. In the evening, we will continue to look at short positions. If the position breaks, we will continue to hold. If it does not break, we will go long #BinanceBlockchainWeek #小非农ADP走高 #TIA超大额解锁 #BTC☀ #BTC突破7万大关

No more words, brothers
The faith recharge has started again
Oil is in place
A little attention
Watch how I fight my way back! #BinanceBlockchainWeek #你问我答 #比特币布林带收窄至低水平 #BTC☀ #BTC突破7万大关

10.30 Wednesday Afternoon Operating Thoughts

Starting from the 60k fake breakout, it was suggested that we are in a bull tail market, and we have been bullish since 59000. Last night, I pondered why we ultimately lost to the short positions. A follower pointed out succinctly that I mistakenly thought it was okay to use profit to cover losses, but the profits are actually mine already. I shouldn't have this mindset of playing with what I've earned, as it can easily lead to losing oneself.

Now, regarding my view on the market today, last night Bitcoin peaked at 73660, just 100 points away from the historical high of 73777. So why didn't it break through? If it does break through, it might bring certain risks for the upcoming elections. Therefore, I personally believe that not breaking through leaves expectations for the upcoming elections. In the current market situation, I still maintain an upward momentum.

Testing the previous high resistance before the elections indicates that there is still some selling pressure above. However, there hasn’t been a significant drop. What we need to pay attention to is the current state, which is characterized by a steady decline. Therefore, I personally suggest looking for a low support level around 71000-71500, ultimately still aiming for an upward breakout.

Operating suggestion: Short around 72800, target 71500. If it breaks below 71000, continue to look down to 70000. If it doesn't break for a long time, directly reverse to a long position! #BinanceBlockchainWeek #比特币布林带收窄至低水平 #你问我答 #BTC☀ #BTC突破7万大关

Blown account
Sleep peacefully, brothers
A month of hard work wasted
I really need to reflect on my problems
Every time it’s the end of the month that causes issues, have to bear the large waves
Last month went from 10k to 50k
The last order at the end of the month broke a 13-win streak and lost 20k
This month was bullish all the way
In the end, it blew on a short position
Let’s start over next month
Whatever happens, happens. Meeting adjourned #你问我答 #BinanceBlockchainWeek #比特币布林带收窄至低水平 #BTC☀ #BTC突破7万大关