10.29 The big cake starting with 7 has already been witnessed
It may be late, but it will not be absent
The last time the big cake started with 7 was in early August, I vaguely remember that after Trump spoke at the Bitcoin conference, the big cake briefly rose to 70000, like a flash in the pan, and then quickly fell back, this is this year's '8.5 Black Swan time'.
During the day, BTC rose over 3%. On the news front, as the election approaches, market sentiment has shifted in favor of Trump, prompting the 'Trump Chair' to make a comeback, with the dollar, Trump-related stocks, and the big cake all showing a strong upward trend. Trump is leading in most swing states and has a high probability of winning this election. Trump held a high-profile campaign event at Madison Square Garden, not only drawing a huge crowd but also inviting heavyweight speakers including Musk, further boosting market confidence in Trump's victory.
From an overall perspective, both the market fundamentals and technicals are showing a favorable trend for the bulls. Various indicators also support the market's continued upward development to a certain extent. The afternoon strategy remains unchanged, continuing to firmly look bullish.
Operational suggestion:
Buy the big cake around 70600, target 73000
Buy Yitai around 2610, target 2780
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