At present, the market has been moving within expectations. Today, it broke through the 60,000 mark in one fell swoop. It is still the same as before. If you have short-term bottom fishing or short-term profits with good profits, you can exit first. You must gamble at 60,000 on Saturday and Sunday. If it stabilizes at 60,000, then the copycat will have opportunities to enter the market. If it cannot stabilize, it will go down again, and you can find a good position to enter.
At present, the big bitcoin is rising, but the copycats are not following the trend. Even if there is an increase, it is only a little bit. Only a few of the more resilient ones will follow the market, and the rest are still lying dormant. Once the big bitcoin falls, these ones will fall faster than anyone else, so in the short term, you must pay attention to protecting profits.
Now everyone is concerned about interest rate cuts and elections
The US presidential election still has a significant impact on the short-term trend of US stocks. Historically, there are often large fluctuations in the months before the election. Therefore, the market often chooses to wait and see, and wait for the results to be announced before making major decisions. It is worth mentioning that US stocks often perform better in the year after the election.
Interestingly, the election also has a certain impact on the short-term trend of gold. Similar to the US stock market, gold, as a hedge fund, also has a higher demand during the election, so it will continue to rise in the months before the election.
Although the US presidential election will have a significant impact on US stocks and gold in the short term, it has little impact on their price performance in the long term and has not caused any abnormalities in the financial market. In fact, in the short term, the election has little impact on the trend of the US dollar and the macro economy.
This is because the medium- and long-term performance of financial markets is often affected by economic parameters such as inflation trends. Who is elected is not a big factor.
At present, the crypto market, led by Bitcoin, has risen to trillions of dollars. It has entered the mainstream vision from the so-called alternative assets and is no longer on the edge. Bitcoin is also increasingly affected by macro factors, including market liquidity, interest rate cuts and increases by the Federal Reserve, and the US election.
When the Federal Reserve cuts interest rates and global capital liquidity increases significantly, BTC prices continue to rise. Macro liquidity still plays a decisive role in the crypto market.
Layout! The bull market is coming and you must seize the opportunity to get rich!
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Ondo Finance is creating an exciting new world by combining trusted financial methods with the speed of blockchain. They transform real-world assets into digital tokens that are accessible to anyone.
Investing in Ondo means access to a platform designed to provide secure and regulated financial opportunities, with the potential to deliver high-quality returns, especially during expected positive market trends.
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Synapse (SYN) aims to improve the way blockchains interact. Its system allows users to easily transfer and exchange assets across different networks. It works with many blockchains, including Ethereum, Avalanche, and others.
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Render Network is a major player in the distributed GPU rendering space, providing solutions that enhance the digital creation process. The network leverages a peer-to-peer system to achieve scalability, speed, and cost efficiency.
Render Current market trends indicate a positive outlook.
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Sui is trading at $1.03, up 17.67% in the past 24 hours. Although the rally has slowed slightly, the short-term outlook suggests a possible bullish reversal. Since the recent rally, the open interest of the SUI/USDT perpetual contract has been positively correlated with its price.
Despite being in the red for the past 30 days, Sui is now showing strong recovery momentum. Weekly gains of 26.66% and a 105.63% increase in trading volume indicate that bullish momentum is building. Sui’s price has also broken above the 50-day and 100-day EMAs, signaling further strength.
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