Today is US Election Day, and we compiled some important information last night. Affected by the ebb of the “Trump deal,” Bitcoin once stepped back to around 66.9k of the 30-day EMA overnight. Meanwhile, Mentougou once again “acted as a demon” and sold 2,000 bitcoins, and the ETF outflow amount reached 0.41 billion. Every time there was a move, it had to drop a wave.
The critical moment has arrived, and the big one is here!
Interest rate cut meeting on the 8th plus Powell's speech. If you hang up the pin list, the dog house will be thereSupport levelContinue to insert another paragraph, leaving the techies to stop losing money. Moreover, this week's general election is all about policy factors, and funding is on the sidelines. In the first two general elections, the 2016 election on 11.8, Bitcoin pulled back 10% and rose 60% two months after the general election! Two months after the 11.3 2020 general election pullback, it rose 200%. If the normal script is followed, Chuan Jianguo is successfully elected, and then the Federal Reserve cuts interest rates and expands the table, a strong market will begin.
Looking at the K-line, Bitcoin's 1-hour level declined (MACDComing soonGolden fork(It suggests that it won't drop too much) The 4-hour level is a downward trend (it will rebound as long as it doesn't fall below the lowest point) and the 12-hour level is a downward trend. But as yesterday's weekly line closed slightlySunlineWell, there will be a decisive battle on the weekly line; it is a matter of deciding once and for all whether or not to break through. This week we are going to see if it can be collected around 72,000. As soon as we receive it, a bull market will come. Only Lian Yang can break through the pattern steadily, then the rest is left to the bookmaker. ,, many people can't understand. Why can ETH stand at 2820 as the dividing line between long and empty, or even saying that the bull market is related to ETH?
The rise is strenuous, and the fall is smooth! The trend of ETH represents the vast majority of altcoins, and if it is to be fully bullish, ETH must follow the breakout.
Copyware, essentially, still lacks liquidity. All of the capital went to ETFs and didn't spill over to the cottage, but there was also a reason why copycats diverted funds more and more infinitely, and continued to unlock and smash the market after going up, so the vast majority of this round of copycat season turned to the MEME circuit, but it was all a gust of wind. It's best to just run for profit, not the pattern. The mainstream is to buy small on the downside. Each drop of 3 points is used as a point to increase the position. Currently, the capital is divided into 5 shares. Each share is equal, and only strong coins with large trading volume are bought.
No matter who is elected, negative or favorable, it will only affect the market period for a short time, but it will definitely not be able to stop or change the next big bull market.
Therefore, you still need to be firm in your beliefs and don't get thrown out of the car. It's not scary to go empty. The scariest thing is that anxiety after emptying can trigger all kinds of crazy actions, and don't be afraid if you can't keep up with the hot spots. Because hot spots come and go fast, most people will melt into hot spots. The hot topic is that we need to know if it can be a long-term project. If so, buy it when no one cares. Although it's a little slower, it will definitely live a little longer!
A bull market will definitely come; it's just that the market is complicated. You can't fool people; they are all piled up with real money. We can only see through these images to see through the essence of things, then naturally we will be able to count and not be surprised.
Finally, I want to say don't tie yourself to the election chariot. It's hard to talk about the market benefits and downsides of capital; otherwise, there won't be a sharp rise after a bad run or a sharp decline after a favorable one. It's all just a well-prepared lie; it's just a matter of looking at the wrong situation; it's just like seeing something wrong!
Let's see if you have any flatbreads in your hand now, and whether your flatbreads are getting more or less!