Bitcoin reached 76000, ETH surged to 2800, and SOL also reached 191, showing a thriving scene. With the strong performance of ETH, memeleadingNEIRO took the lead to To The Moon, stakeleadingLDO also pumped a 40% big candlestick, and other ecosystems like ENA also went To The Moon strongly. Once the market arrives, we need to hold onto our chips and not get whipsawed out of positions. From a trading perspective, short-term speculation and capital flow are the core indicators. 'Trump Trading' is only about trading sentiment. If capital inflow cannot keep up, it will still be difficult to significantly boost the market. Trump was elected yesterday, but the willingness of AltCoins to follow the rise is not strong, indicating that the funds are still insufficient, and the sustainability of the market needs to be observed.


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The current market data shows that after the morning rise, the short-term has entered a correction phase again. As the saying goes, the trend of long positions has not changed at all. The short-term and medium-term expectations remain bullish. The daily candlestick has entered a continuous upward trend after experiencing periodic adjustments, and the large positive candle is quite full, but the structure is clear. The process of consolidation and correction is basically technical. Next, we will see the strength and timing of the second upward push. The short-term is constructing a correction step.
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From a macro perspective, there is no pressure on BTC from above. The current Turnover Rate is high, and selling pressure is immediately absorbed. We have been waiting for a pullback buying opportunity, but FOMO sentiment is driving a pump, which is crazy. It is easy to get caught at the top now, and the intensity of the whipsaw will be strong in the current market conditions, unless the pump starts on the train. Short-term is not suitable for the current market conditions. Let's lie in ambush for a wave of washing and see if there is any spot to make up for the rise. What else is worth looking forward to after the election? Let's follow Yi Bo's live channel and chat together!
BTC-1.52%
ETH-5.23%
SOL-6.15%
STRONG-6.7%
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