The big pancake successfully gained a thousand-point space

Duo Tou counterattacks, and at the critical moment, Da Xiong has always been leading the direction!

Morning thoughts provide precise shots at low positions

Bitcoin at 67800, looking up to 69000, successfully capturing a thousand-point space!

Bitcoin 67800, reached a high of 68800, almost a thousand points of space!

After reaching a new three-month high last week, the volatility of Bitcoin has stabilized as everyone holds their breath waiting for the results of the US election.

Continuing to look upward, the target is set at 69500!

Bitcoin has been continuously bearish on the daily level, hitting a low near 66800, and then rebounding strongly back above 68000.

In the 4-hour structure chart, the K-line has been consistently declining, piercing through 67000 but quickly recovering, and forming a doji with a long lower shadow, indicating a stop-loss signal has been given. Those looking to buy the dip can enter now, as the overall market might start to counterattack. The intraday strategy suggests buying on the dip.

Bitcoin 67800-67500 buy zone, target 69000-69800.

Regardless of market fluctuations, be sure to set stop-loss orders to avoid being trapped.

Two consecutive victories, short position earns another 500 space

Crazy takeoff✈️, starting a new journey of capital turnover!

A new week begins, first order successful

686 short, 69100 take profit, 500 points space secured

Every pullback comes with a lot of negative emotions.

Daxiong's view remains unchanged: Bitcoin will see a new historical high!

Placed two consecutive orders, successfully gained 2800 points of space!

No matter how the market fluctuates, follow the trend accordingly.

Bitcoin was slightly dumped last night, and there was no significant rebound at midnight. I initially thought it wouldn't fall below 70,000, but unexpectedly, it started dropping again this morning, briefly breaking below 69,000!

From the four-hour chart, Bitcoin currently shows no signs of stopping its decline, meaning that 69,000 is not a true bottom. In fact, with the elections approaching and Trump's high approval ratings, he is surely in a strong position. Therefore, this decline is setting the stage for the upcoming bull market, so we can plan our strategy around the rebound during the day!

Bitcoin around 69,500-69,800 as a target of 68,500-67,500

Regardless of how the market fluctuates, be sure to set your stop-loss orders to avoid being trapped.

Judging from the on-chain data, stablecoins have been inflowing. From October 28 to today, more than 10,000 BTC have flowed out of the exchange.

BTC will continue to rise in the future. If there is no major negative news today and tomorrow, BTC may break through 74,000 after accumulating strength!

Retail investors are fearful of heights, institutions are chasing the rise, who is the chives?

Bitcoin continues to oscillate at a high level on an hourly basis. After multiple tests of support around 71500 last night, it rebounded and remains in high-level consolidation. October is already the last day, and it is very likely to continue to push towards the 73000 line.

Currently, there is basically no room for shorts; any pullback only provides opportunities for longs. If the rise is too fast, a pullback is needed to gather strength; the pullback is considered normal selling pressure, and longs will continue to attack. The strategy can rely on support around 71500 to continue buying low for longs.

Bitcoin longs near 72000-71500, with a target of 73000-74000.

Regardless of how the market fluctuates, be sure to set stop losses to avoid being trapped.

Bitcoin is on the verge of breaking new highs, while altcoins and Ethereum are still lingering at the foot of the mountain. Aside from Bitcoin, will other coins never see a bull market again? Of course not. Looking at the last bull market, altcoins doubled or even increased several times in the last two to three months. When the sentiment comes, the rise is unstoppable. It's like the recent A-shares; in just a week or two, they recovered more than a year's decline. This kind of rise relies purely on emotional speculation, without the need for fundamental support, regardless of how poor the performance is, individual stocks can still rise.

Altcoins can be ambushed, and it's not difficult to see a 5-10x increase, but one must understand when to exit; otherwise, when the bear market comes, altcoins will be left in shambles. Waiting for the next bull market to return to the highs is nearly impossible. Many have been losing for two to three years. If we prepare well for the next six months, we can rise again and sing like a freed serf.

Determining whether a cryptocurrency will rise can be summarized in two key factors:

1: Whether the market maker intends to drive up the price: A capable market maker generally has clear objectives and does not get bogged down by short-term fluctuations, focusing more on the overall returns after a price increase. Therefore, observing whether the market maker is methodically driving market sentiment and capital inflow is key to judging the upward trend.

2: Whether retail investors are willing to continue buying: This mainly depends on the project's 'storyline.' A good narrative can continually attract people to participate, especially those coherent and appealing 'sequels' that can retain retail investors and extend the active buying period. As long as the story is compelling enough, market participants will keep stepping in.

In short, a strong market maker combined with a lasting and attractive market narrative is often a sign of rising cryptocurrency prices.

Bitcoin's rally is fierce, having successfully crossed the 73,000 mark, and reached a high of 73,600 during the early hours, just 200 dollars away from a new high!

From observing the four-hour chart, the market is currently moving steadily along an upward trajectory, and the upward pattern remains solid. There is no market that only rises without falling; even in a strong rhythm, there will be adjustments. Therefore, after the adjustment, the outlook remains bullish!

Bitcoin: 72,200-71,800 for support, with targets at 73,500-74,000.

Duo Dan receives 900 points of space

Mindless bullish market, always Dou, always happy!

The retracement is a duo, the air situation is very good, and the big cake has 500 spaces!

In the ever-changing market, no one reminds you, no one shows you the way, you can easily miss the opportunity, professional things should be left to professionals, and I have always been here!

Why has Bitcoin broken through the 70,000 mark, while many altcoins remain stuck at the bottom? What are the underlying reasons for this?

Bitcoin's strong performance is indeed eye-catching, with a surge to a high of 71,600 earlier, just a step away from setting a new record. However, the fate of altcoins like SOL and BNB is quite different, as they still have 30% and 15% declines to recover, respectively.

The current situation can only be described as Bitcoin leading the bull market on its own, while altcoins have clearly not kept up with this rhythm.

The key reason for this is insufficient market liquidity. In the context of a liquidity shortage, funds struggle to be widely distributed, making a comprehensive upward trend difficult to achieve.

So does this mean that altcoins have no investment value?
Not necessarily. As long as one can accurately select varieties and appropriately grasp the timing, altcoins can also bring considerable returns to investors.

In summary, the current bullish momentum of Bitcoin is strong, but other altcoins still need to be patient.

I have been firmly believing in reaching 70K these past two days

A pullback is an opportunity, and Bitcoin has successfully gained a thousand points of space

Early morning, as expected, surged upward, breaking through the 70,000 mark!