The reason for the recent sharp drop in Bitcoin should be attributed to Trump's tweet announcing the increase of tariffs, where Trump stated an additional 10% tariff on China and an additional 25% on Canada and Mexico. Now American importers are frantically importing Chinese products before Trump takes office. Increasing tariffs will lead to rising domestic inflation in the U.S., which may reduce the probability of the Federal Reserve cutting interest rates, causing a crash in the cryptocurrency market. Meanwhile, this Friday is Black Friday in the U.S., and generally, during holidays, Americans tend to spend their profits before the holidays. So when the U.S. stock market opens, there may be further declines in Bitcoin. This bull market for Bitcoin seems to be coming to an end, and we will have to wait for Trump to take office. I mentioned on November 5th, when Trump was elected, to cautiously look forward to his victory, as Trump's tariffs could lead to the Federal Reserve possibly raising interest rates, which would be negative for the cryptocurrency market. Trump's boastful claim about including Bitcoin in the U.S. national reserves is just talk and cannot be implemented. However, I also didn't expect Bitcoin to rise this much, and I have exhausted my resources too early. I understand what Cat Brother (@肥猫 ) said: for market trends that one does not understand, staying in cash is the best strategy.

The Air Force collapsed before dawn, but the essence was a problem of his own position management. This margin call taught him a severe lesson.

I announce that the big pancake is the true leader of the knockoffs

This is a big fund coming to attack the dimensionality reduction of the cryptocurrency circle. It is the big pie that is being pushed up wildly, but it is the entire cryptocurrency circle that is being smashed.
The big pie looks so high, and there are really a few longs who have made money from it. With such a high pie, don’t you longs tremble in your heart? So those who open long positions also set the closing price very close, so when the pie pulls back a few hundred points, a bunch of long orders will be blown up.
The dealer keeps pulling up the pie without a pullback. In this situation, the dealer can only make money from the air force, but if the air force is blown to death and not given a chance to recover, the foundation of the entire cryptocurrency circle will only be damaged in the end. If you blow up all the air forces and leave the market, who will be the opponent of the long army? Even the casino knows that you can’t fleece a wool.
The fun of the pie is that it rises and falls, and there is a chance to get out of the trap even at the top of the mountain. The pie that only rises and never falls is meaningless. The crazy rise of the pie this time does not conform to the law of making money.
It is more likely that there is a large amount of capital entering the market, and the market is frantically pushing up the price of the coin for other purposes, and the purpose is not for the small amount of money that the air force gets. The air force has become a fly that was accidentally killed.
If my guess is true, then the coin circle is not even worth playing with the coin, and there is nothing interesting about the coin circle.
As an air force, I will lose money if I lose money, anyway, the investment is not much, but those who enter the market because of fomo sentiment or even borrowing should be careful, it is also possible that this dealer will accidentally kill you.
$BTC

During the day, Daping Baizhuang pulls the market, and at night, Meizhuang pulls the market. Rather than saying it's a game of funds stepping on each other, it's better to say it's a gamble that the bomb won't explode in your hand.
Anyway, it will definitely land in the hands of retail investors. $BTC

Those who missed this market wave can wait for the Fed's interest rate cut meeting on the 8th. $BTC
After this rate cut, there are basically no major benefits.

Be cautiously optimistic about Trump's rise to power; Trump is both cutting taxes and increasing tariffs, so what about inflation? Once inflation rises, the Federal Reserve will have to raise interest rates, and when the Federal Reserve raises rates, the cryptocurrency market will crash again. Trump wants to revive American industry, which requires a low-interest environment, but this contradicts the inflation target. Moreover, Trump promotes isolationism, wanting to return to America and live his own life behind closed doors, but can the American people, accustomed to inexpensive foreign goods, accept high-priced and low-quality domestic products? Today's FOMO sentiment has nearly reached its peak, so let's be cautiously bullish on Bitcoin; this momentum is almost at its end $BTC

I chose the wrong coin to short. I saw that the big dog DOGE rose more than the small dog NERO, so I shorted the big dog. Who knew that the big dog was so hard? I should have shorted the small dog. The small dog was too soft.

If you don't have any short positions at the moment, it is recommended to wait for the election results to come out before making a position. Don't bet at this time.
If Trump comes to power, the trend of Bitcoin should be around 71,000 and then plummet.
If Hahajie comes to power, Bitcoin should start to plummet directly.
Because there is an expectation of the Fed's interest rate cut on the 8th, it will not fall badly. If Trump comes to power, the low point will be about 68,000, and if Hahajie comes to power, the low point will be about 65,000.
The best strategy at present is to wait for the election results to come out, and go short on highs and go long on lows.

This coin, Neiro, tends to drop about 4% when Bitcoin falls by 1%, and it rises about 2% when Bitcoin increases by 1%. Therefore, as Bitcoin is set to return to its highs, this coin is still hovering at a low level, exhibiting a typical trend of oscillating downward.

Even if your trend judgment is correct, do not heavily invest in altcoins. The only thing you can heavily invest in is Bitcoin. You should know that retail investors are completely transparent to the big players. The big players know your opening price and your liquidation price. Once the big players find that their manipulation will end up benefiting you, they will deliberately crash the market. If you are bullish, it will stubbornly not rise; if you are bearish, it will slowly fluctuate downwards. In any case, they will torment you until you exit before the market starts moving.

The second pancake has really risen; it's the first time I've seen the big pancake's decline greater than that of the second pancake. $BTC $ETH

$NEIRO
In the case of a decline in the pancake, the neiro's dealer is still going long against the trend, a typical behavior of inducing buying.

This time the pancake can't break through the previous high, and there won't be another chance before the election. Friends who opened long at 73000 will probably have to hold their positions for a long time.

The poor non-farm data indicates that expectations for the US economy have declined, yet this big pie can still rise, which shows serious control over the market.

In a few days, the U.S. election will come to a conclusion. Whether Trump is elected or not, both positive and negative impacts have been released, so a drop today is normal, and don’t expect it to rebound. For it to rebound, it would have to be after the results of Trump’s election are announced. The big players also need to take advantage of high positions to offload their stocks, and new entrants also need chips.
So I am bearish these few days.

The older brother who opened a long position at 71500 doesn't know how long it will be before it gets stuck at $BTC

Neiro has basically reached a low point, it's time to set stop-loss and buy the dip.

The situation where the big pancake rises but the imitation does not follow has occurred again. The last time this happened was at 69,000, and it directly pulled back. $BTC

The pancake is starting to consolidate again. The current strategy is: if it rises, short at high positions; if it falls, long at low positions. Do not operate at $BTC for now.