On Saturday, there were rumors that the US Treasury Department intended to sanction Tether's issuer, Tether, causing a brief stir, but it was quickly resolved.

The cryptocurrency market feels familiar, yet everything has changed.

Earlier today, Bitcoin continued its weekend surge above $68,000, then reversed back to below $67,000 in a bull market reversal. The anticipated all-time high (ATH) did not arrive, but Bitcoin.D continues to hit new highs. Looking at the spot market, Bitcoin is forming a bullish golden cross, with the 50-day moving average piercing up through the 200-day moving average. After the black swan event of forced liquidation in the yen arbitrage trade, we witnessed the formation of a death cross. Over two months later, we now have a more bullish golden cross, which is a positive signal for Bitcoin price.

Observing Bitcoin's performance over the past two years, this is the third time a bullish golden cross has formed.

In fact, from August 3rd to October 14th, the market remained in a continuous slump for over two months, until Blackrock's financial report was released, sparking overall positive sentiment. The current greed index stands at 72.

With the imminent release of MSTR's financial report, if it performs well, market sentiment is expected to rise further. It is anticipated that trading this week will revolve around the election game, with a few institutions and major players already beginning to sell off portions or hedge through options to mitigate the uncertainty risk brought by the election.

The largest bitcoin bulk options today: a boss bought put options with a value of $0.065 million on November 15th and call options with a value of $0.068 million, totaling 50 bitcoins, paying a premium of $0.282 million.

Taking a long position on volatility, it will be profitable at expiration if the price is <60000 or >74000.

As the saying goes: next Tuesday is the US general election, the market may experience a significant volatility before and after the election. If Trump is re-elected, the price may hit a new high; if he is not re-elected, the price may experience a significant pullback.

Whether it is Ethereum, Solana, or any innovative change in human production relations in the future, all of these will be positive for the consensus spread of bitcoin, which could double its valuation to 8 trillion.

Fiat currencies will always inflate, regardless of which fiat currency. Therefore, from a longer-term perspective, such as 20 years, it still favors bitcoin. After reaching a market cap of 8 trillion, one can also consider the increasing FOMO brought by further price increases. My valuation conclusion for bitcoin has also come out: in the next 3-20 years, bitcoin will reach 10-15 trillion, potentially 20 trillion in an extreme FOMO scenario. This market cap aligns well with the halving events and the sustainability of network transaction fees at that time. Therefore, personally, I believe from a speculative perspective, bitcoin can be a primary position for individuals regardless of market conditions, buying more as it drops, and holding until it reaches 8-10 times the investment before exiting.

For large holders, holding 100 bitcoins currently requires over 6 million US dollars. After several years, this can turn into over 60 million US dollars without doing anything in between. This is expected to be achieved within 20 years and is a very good asset allocation.

For those who cannot afford or wait for even one bitcoin, it is better to find ways to increase cash flow and realize asset appreciation in memes.

Currently, most people in the entire circle are discussing memecoins, but they are on-chain, not on exchanges. If there is no market in the exchange, even if the threshold is high, new investors will try to understand. I think it is impossible for exchanges to hope that everyone will transfer money to play on-chain. From the strength of Sol to the current market sentiment, it is obvious that everyone is playing memecoins on-chain.

At this time, it is a good idea to pay attention to low market cap, high-control coins in the exchange. It is highly likely that a 'shiba inu market' will appear in the exchange.

So, my dear friends, will the chosen ones take action or not!

I don't need to say much now, right? Musk has started. Prophecy is not just about foreseeing the future, but reminding you to increase your position!!!

Today, the top ten tokens have all rebounded across the board.

Data shows that in the past 24 hours, most of the other top ten tokens have also risen, with Sol and DOGE showing particular strength, rising by 2.47% and 3.55% respectively.