Midnight Monday, Bitcoin Strategy Analysis and Trading Suggestions!

Bitcoin's rebound last night failed to break through the 69500 mark and once again faced pressure, starting to fall back. The current price has returned to oscillate near 67500. The short-term movement during the day has been somewhat stagnant, stabilizing above 67000 with narrow fluctuations. The daily chart did not continue with consecutive bearish candles to break lower, maintaining a weak trend, and has entered a phase of contraction and oscillation. Currently, both bullish and bearish continuations are insufficient, and the moving average indicators are scattered and waiting for a clearer direction.

Looking at the four-hour chart, it shows a slow consolidation followed by a gradual decline, breaking the previous low support and continuing to pull back, indicating a slow adjustment phase. Currently, there is a local pullback, and attention should be paid to the breaking situation of the 67000 low support. A break will further open up space. The hourly line shows a chronic weak decline step by step, with a slow and winding rhythm, not a one-time release of space, but rather accompanied by a rebound correction before further decline. During the early morning period, wait for a slight rebound before deciding to look for short positions.

Midnight BTC short-term operation: rebound in the 67800-68300 area, targeting 67000-66000.

The situation is significant, the winning streak continues, and I can't determine the bullish or bearish positions. Stick to the strategy and move forward together! Let's create brilliance again! #美国大选后涨或跌？ #11月市场预测 #美联储利率决议来袭

Monday, four short-term victories in one day, all ideas were fully shared, perfect summary! Secured Bitcoin, 1800, Ethereum 85! 54000u deposited! We'll do it again tomorrow! Everyone, get some rest!

Image 1, the morning post stated clearly, looking bearish in the 69000-500 area,
Image 2, sentiment is weak, continued to indicate bearish outlook in the evening,
Image 3, reiterated in the early morning, bearish continuation towards 67000, perfectly realized!

Simply put, short-term trading requires a bit of effort and real-time monitoring, but this is the fastest way to recover your investment. If you want to trade short-term and recover your investment, come find Lao Xue! Try it for a week and you'll see! #美国大选后涨或跌？ #美联储利率决议来袭 #11月市场预测

Afternoon reminder for the 69000 area, currently arrived at the 68200 area, nearly a thousand points realized!

The short-term profit-taking rhythm simply cannot stop, if you can't hit the points accurately, come find me 🧧!

At present, Bitcoin's upward continuity is insufficient, the short-term is in a high position with repeated rhythms, and after a dip in the evening, the short-term shows a weak rebound from a low position. Therefore, continue to look bearish to test the key support range of 67500-67000!
#美国大选后涨或跌？ #美联储利率决议来袭 #11月市场预测

Monday afternoon, Bitcoin strategy analysis and trading suggestions!

Bitcoin failed to break above the 69500 line during the intraday rebound and began to fall under pressure again, currently the price has returned to around 68500 and is fluctuating. Last week, after reaching a high, it fell back and closed low, with the weekly candle forming a doji tombstone. The weekly chart shows signs of a local pullback, while on the daily chart, there are two bearish candles adjusting. It has broken the previous strong consecutive bullish trend, and this week will see a pullback adjustment below the top point of the doji candlestick. The high point around 73600 will serve as a correction for the first wave. Both the daily and weekly charts indicate a pullback.

Looking at the four-hour chart, after the previous high and low, this week continues the downward trend, breaking below the support low point of the 68000 platform, shifting to a weak downward trend. The intraday rebound around 69400 has stalled and is under pressure with fluctuations, maintaining a weak consolidation below this level throughout the day, not showing any increase in volume, but instead moving sideways before heading downward again. Currently, it remains in a continuation of the weak downward trend, with the intraday high point serving as the critical point for short positions in the evening. Further declines are expected near the high point, while breaking the low point of 70000 will turn into resistance. In the evening, wait for a slight rebound before looking for short opportunities.

Afternoon BTC short-term trading: Rebound in the 69000-69500 area, targeting 68000-67500.

The situation is significant, the winning streak continues, and I am unsure about the bullish and bearish positions. Stick to the strategy and move forward together! Let's create brilliance again! #美国大选后涨或跌？ #美联储利率决议来袭 #11月市场预测

Monday morning, Bitcoin analysis and trading suggestions!

Yesterday, Bitcoin's price dipped to around 67,400 before being pulled back up, and is currently fluctuating around 68,700. It fell and then rose to close higher during the day, stabilizing and rebounding after an initial downward trend in the morning. After a series of consecutive declines on the daily chart, there has been a temporary halt to the decline and a rebound correction, entering a localized fluctuation. From the four-hour chart, the 4-hour low has seen a double upward movement, recovering part of the morning's drop. If the closing price is high, the next day's opening will likely follow a corrective fluctuation strategy, possibly accompanied by a secondary dip and rebound, but in the short term, the initial low point around 67,000 will show a slight stop-loss oscillation. It also forms a small ABC wave rebound correction on a smaller time frame.

Today, the short-term strategy should involve a pullback followed by a rise, confirming support before pushing for a second wave rebound. The resistance from the downward trend line is around 70,000. Overall, if the rebound is above 69,000, it will create a localized upper range leading into oscillation. The short-term operation should treat the high and low points within the range accordingly. Today's trading remains to sell near pressure points during rebounds, while looking for opportunities to go long near the lower bound. Maintain the oscillation strategy. If the price breaks out, adjust the strategy accordingly.

Morning BTC short-term operation: Rebound in the range of 68,800-69,300, with targets looking at 67,500-67,000.

The status is significant, the winning streak continues, and if you're unsure about the direction, stick to the strategy and move forward together! Let's create brilliance again! #美国大选后行情预测 #美国大选后涨或跌？ #你问我答

Midnight on Sunday, Bitcoin analysis and trading suggestions!

Brothers, the situation is a bit dire! The U.S. election could be the biggest black swan for the crypto world this year. Atre’s polling has gone from a significant lead to currently 55% vs 45%. The U.S. election is indeed more nerve-wracking than the Middle East situation. The votes from seven swing states are key; whoever takes office will greatly impact the crypto market. There will definitely be a wave of mid-term and swing trading opportunities coming up, everyone wait for my updates, if this big profit is missed again, we might as well celebrate the New Year early!

In terms of technical structure, the decline continues, volume has rebounded, but none have firmly established a foothold, showing relatively weak performance. The daily line continues to close in the red, with the lowest drop in the evening reaching the support level of 67,400, showing some bullish action. While there is a slight advantage, it ultimately isn't enough to counter the overall market trend. Currently, the daily support is around 67,000, which is a strong short-term support level and also represents the state of the short-term bullish trend. It is best not to break this level. If it breaks, refer to the daily lower support at 65,000. At that point, we need to consider whether the price trend is in a daily range oscillation or if it will directly break down for a deeper correction.

In the short term, the trend is showing a step-like gradual decline in low points, almost giving the bulls no opportunity for a rebound. The bearish trend is established, and this extreme continuous decline is indeed not suitable for bottom fishing at this time. If there are no positive news to reverse the downward momentum in the short term, the panic sentiment may continue to spread. The hourly line shows an upward trend, but the current volume is still insufficient to support a larger rebound. Based on the current trend, short-term upward movement seems quite difficult; in short-term trading, it is better to focus on the downside first and confirm support before considering a long!

Midnight BTC short-term operation: rebound in the 68,300-68,800 area, targeting 67,000-66,000.

The situation is significant, the winning streak continues, and if you can’t determine the bullish or bearish, stick to your mindset and walk alongside each other! Let’s create brilliance again! #你问我答 #美国大选后行情预测 #美国大选后涨或跌？

Saturday Midnight, Bitcoin Analysis and Trading Suggestions!

After Bitcoin's midnight price fell below 69,000 and was pulled back again, it is currently oscillating around 69,500. The daily line closed with a medium bearish K-line, forming a bearish engulfing pattern. The moving average indicators have not formed a complete bullish trend, and the K-line close is not optimistic, making the sustainability of short-term bulls a concern. Perhaps it will be accompanied by wide fluctuations. The attached MACD indicator shows signs of divergence. With the daily line rising and then falling, short-term upward momentum has slowed down, entering a local consolidation.

From the four-hour chart, after a quick retraction following an inertia-driven high, it is a typical washout strategy, showing that strength is not sustained and weakness has been recovered, accompanied by repeated fluctuations in a washout, without strong unilateral movement, although there is an upward rebound. However, the daily line has not shown a unilateral trend. The short-term has intensified the oscillation, and with the daily and four-hour charts closing with consecutive bearish candles, the K-line pattern leans towards a retreat first. It cannot be ruled out that it will retest the low point of the second wave lift. At midnight, pay attention to yesterday's low point; if it breaks directly, it indicates a continuation of the weak retreat in the short term. Switching between bulls and bears requires flexible responses based on patterns, and in a fluctuating market, the points are more critical than the direction.

Midnight BTC short-term operation: Pullback to the 68,500-69,000 area, targeting 70,500-71,000.
The situation is significant, the winning streak continues, if you're unsure about the bulls and bears, recognize the thought process and move forward together! Create brilliance again! #你问我答 #美国大选后行情预测 #美国大选后涨或跌？

Regarding the 2024 U.S. presidential election, there may be two extreme 'unexpected' scenarios:

First, Harris is 'unexpectedly' elected. If this happens, it can only indicate that those who detest Trump have gained the upper hand again. 'Trumpism' will face a significant setback, and the Republican Party will find itself in a dilemma where 'whether to follow Trump or not will lead to defeat';

Second, due to both sides being deadlocked in 7 key states, the U.S. election falls into a stalemate. In this case, the best scenario is that after several days to weeks of manual counting and recounting, one candidate finally emerges victorious. The worst-case scenario is that the election results are too close, Trump narrowly loses, and then, citing Democratic election fraud, sparks large-scale protests or even riots.

Although the possibility of these two extreme situations cannot be completely ruled out, I personally tend to believe that we should see the results of the 2024 U.S. presidential election during the late night to early morning of November 5 local time, which corresponds to the afternoon to evening of November 6 Beijing time.

'Whoever wins Pennsylvania wins the world.'

Let us wait and see.

This is just one opinion and for reference only. #美国大选后行情预测 #你问我答 #非农就业人数大幅降温

Saturday morning, analysis and trading suggestions for Bitcoin!

Bitcoin experienced frequent short-term fluctuations yesterday. Although the daily chart rebounded after testing support at 68800, the intra-day movements were erratic, and while sudden surges and drops are not a concern, the torture of alternating between bulls and bears is daunting. Currently, the daily chart is still in a range-bound oscillation; after reaching a peak, the bulls have undergone a correction, but this has not changed the overall trend structure. From several recent low points, the overall trend still maintains an upward trajectory, though the resistance above is strong, with significant pressure above the 72000 mark in the short term. If the daily chart can stabilize during a rebound, the price may still break new highs in the near future.

In the short term, the four-hour triangle structure is oscillating, with the range gradually compressing and a bias towards an upward movement. This week has seen multiple rebounds after dips, but until the range is broken and resistance is stabilized, we should not be overly optimistic about the bulls, especially after the losses on Thursday. In the short term, after a rebound from the dip at midnight, the price is expected to continue challenging the 72000 mark. Last night, we anticipated a correction after hitting a high, so this morning, after the adjustment and pullback, we should look to buy and be bullish.

Short-term BTC trading operation: Look to buy in the 68500-69000 range, targeting 71000-72000!

The situation is significant, with consecutive wins still ongoing. If you are unsure about the market direction, stick to your strategy and move forward together! Let's create brilliance again! #你问我答 #美国大选后行情预测 #非农就业人数大幅降温

Today, Duokong is washing the plate back and forth. Do you have any trapped stocks in hand that haven't been handled well? Feel free to chat about it. The teacher is monitoring the market late at night! Fully committed to helping friends break free from their positions! #你问我答 #美国大选后行情预测 #非农就业人数大幅降温

Friday evening, Bitcoin analysis and trading suggestions!

After a drop below 69000 during the day, Bitcoin was pulled back again, and the current price is oscillating around 69800. The daily line peaked and fell, closing lower, approaching the weekend. The drop has formed a small upper shadow on the monthly line, and the daily line has formed a medium bearish candlestick. There is a certain degree of retracement, breaking the pattern of a strong slow rise in the short term, and a short-term correction is taking place.

Looking at the four-hour chart, there was a significant retracement that broke through the middle track and the rising trend line. We are currently in the ABC wave adjustment, with a smaller wave form adjustment at the four-hour level. At the same time, the breakdown point of the downward trend line around 72000 has turned into resistance. The morning's decline broke the short-term strength, and the short-term has turned into oscillation and tug-of-war, with opportunities for both long and short positions. In the evening, the short-term strategy will continue to treat it as oscillation before the breakout, participating around the high and low points of the range.

Evening BTC short-term operation: rebound in the 70700-71200 area, target looking at 69500-68500, touch without breaking long!

The state is very strong, the winning streak continues, if you can't determine long or short, stick to the strategy and walk together! Create brilliance again! #美国大选后行情预测 #你问我答 #加密货币急跌

Members who joined on October 14!
From 8000 to 2.1 million, in just one week, voluntarily adding 2 million to 5 million, now at 14 million, in just half a month!

You all know the recent status! Take off, double, break even, climb out of the pit, just one week, half a month, only waiting for those with determination! Only for those with determination! Come with sincerity!!✈️✈️✈️✈️ #你问我答 #美国大选后行情预测 #加密货币急跌

The virtual currency market is once again "bleeding heavily, with over 90,000 people liquidated! Why is it falling? Are there any negative news?

The virtual currency market is once again "bleeding heavily." In the past 24 hours, Bitcoin has dropped nearly $3,400, a decline of over 4%, with the price falling from $72,600 to $69,200; other cryptocurrencies have also followed suit, with Ethereum down over 6%, Dogecoin down over 7%, BNB down over 3%, Solana down nearly 5%, and Cardano down over 5%.

According to Coinglass data, in the past 24 hours, the number of people liquidated in the virtual currency market has exceeded 90,000, with a liquidation amount of $275 million, including $246 million from long positions and $28.34 million from short positions.

Why is it falling? Is there any negative news?‍‍‍‍‍‍‍‍‍

This correction is mainly due to the uncertainty surrounding the U.S. presidential election.

According to the latest polls, Harris's support rate has started to lead over Trump again, which has caused some concern in the market about Trump's potential defeat.

Additionally, the recent earnings reports of tech stocks have not been good, and the U.S. core PCE data is also unsatisfactory, all of which have affected market sentiment and confidence.

According to CNN's latest poll, Harris has slightly pulled ahead of Trump nationwide. Trump's advantage in some key swing states has been partially reversed.

This may also be one of the reasons for the sharp decline in Trump Technology Group (DJT) and the stock market correction, as the market had previously overvalued the bull market post-Trump's election.

Yesterday, Trump also congratulated all Bitcoin enthusiasts on the 16th anniversary of the Bitcoin white paper on Twitter.

He also stated that he would end Harris's "war" on cryptocurrencies and promised to manufacture Bitcoin in the U.S. Finally, he urged people to vote for him.

It is worth noting that yesterday Moody's Analytics predicted that Harris has a 55.5% chance of winning the election.

There are 4 days left until the U.S. election, and tonight's non-farm payroll data is likely to cause significant market fluctuations. Ethereum is performing poorly, and altcoins are even worse! Let's wait patiently! Believe that Ethereum and altcoins will have their moment! #美国大选后行情预测 #你问我答 #加密货币急跌

Bitcoin 4-Hour Double Top Reversal, Is the Downtrend Not Over Yet?

Last night, the non-farm payroll data was released, reaching 233,000, the largest increase since July 2023, which has a slightly bearish impact on the market. A strong job market puts pressure on the Federal Reserve to cut interest rates. The non-farm payroll data will be released tonight at 8:30.

This year's U.S. presidential election is tightly contested, with both candidates having similar support rates in seven swing states, all within the margin of error. It's hard to say who will win. This political uncertainty can also bring potential impacts to the market.

In this round of the rise from 68 to 73, the increase in positions on Binance and OK exceeded that of CME significantly, and they all surpassed their historical highs: the increase in positions does not necessarily mean that there are short sellers entering the market or long buyers entering, the long and short positions in the futures market are always 1:1, which is a common misunderstanding among many people;

Therefore, the rapid increase in positions only represents a surge in leverage within the market, meaning that some are opening long positions at high levels, while others are opening short positions at high levels. At this point, we should judge based on the net value of positions whether it is easier for those who chased long positions at high levels to make significant profits from a major upward move or for those who opened short positions at high levels to profit from a significant downward move?

Currently, the price of Bitcoin is retreating from the top, which basically aligns with our analysis. The four-hour double top reversal has not yet shown a limit-down signal, and we should still focus on the two supports below. The previous wave high and the previous bottom's multiple necklines, these two positions are exactly at the 0.5 and 0.618 of the previous upward segment. But this is only the expected pullback bottom; where it ultimately stops falling will be based on real-time signals, and the market will be observed step by step.

In the future, whether it continues to pull back and drop, or if it reverses directly from the top, it is highly likely that there will be another exploration of the previous high. A major cycle top reversal will not directly reverse at a single wave high but will provide confirmation signals at different levels, so for now, we do not consider a reversal.

The rhythm is coming! No one can stop it! Eat meat!

Directly scoop in the early trading! Two shots, eat 1500 yuan for big cake, 50 yuan for ether! Scoop randomly! Eat randomly!

In the past two days, the market sentiment has been accompanied by the sentiment of washing the market. When operating, do not chase the rise and sell the fall. When you think it has not reached the bottom, it is still the bottom. When you think it will continue to rise, it will immediately reverse the waterfall. Therefore, you should always be in awe of the market.

That’s all I have to say. Recently, I have been guiding Shipan to run short-term. I can’t see it clearly and can’t understand the rhythm, but I can identify the idea. Don’t hold it! #美国大选后行情预测 #你问我答 #加密货币急跌

Friday morning, Bitcoin analysis and trading suggestions!

Yesterday, the strategy we proposed hit the stop loss, and the price experienced a significant pullback. This was an issue I highlighted in the article. In addition, during a period of sustained strength, we also need to be aware of the risk of significant pullbacks due to market demand. Therefore, we must strictly adhere to the rules of taking profits and cutting losses in trading, and avoid blindly holding positions, which can lead to irretrievable losses. I hope all friends pay attention to this.

In terms of trends, the pullback yesterday was quite substantial, breaking the previous day's location and showing signs of continuation downward. Therefore, today we need to pay attention to market dynamics and the continuity of price pullbacks.

Yesterday, Bitcoin faced resistance around the 73000 line, forming a short-term unilateral downward trend. While breaking the previous day's support low, it dipped near the 69500 mark in the early morning. The hourly line saw 73660 as a resistance level, leading to a fluctuating decline, especially after losing the 72000 mark yesterday, which directly resulted in a sharp drop in the short term. Today, we should focus on two key support levels below: first is the early morning low point of 69500, and second is the daily low support at 68000. If 69500 continues to be lost today, the 68000 mark will be reached, making 68000 the dividing line between bullish and bearish for this round of daily topping decline.

Morning BTC short-term operation: Rebound in the 70800-71200 area, with targets looking at 69500-68500.
The state is very strong, the winning streak continues. If you're unsure about the bullish or bearish direction, stick to the analysis and move forward together! Let's create brilliance again! #美国大选后行情预测 #市场关注美国非农数据 #你问我答

Thursday night, now the retracement is confirmed,
The range is oscillating, and the probability of breaking is very low
Current price, Bitcoin, Ethereum
Go long directly!
Just look at the intraday high!
The short-term meat-eating rhythm can't be stopped at all,
If you can't do it well and can't get the point right, come to find Xi! #BinanceBlockchainWeek #美国大选后行情预测 #你问我答