November 3 / The U.S. election results are just days away. Hang in there.
#灰度XRP信托基金开放 #ETH #BTC #sol #美降息25个基点预期升温
🔹Cognition Society comments
On November 3, Bitcoin retraced to a low of 67800, which has a large error compared to yesterday's Cognition Society article at 68500.
On November 2, Bitcoin retraced to a low of 69000, which aligns with yesterday's Cognition Society article at 68800.
On November 1, Bitcoin rebounded to a high of 71700, which aligns with yesterday's Cognition Society article resistance level of 7200.
Bitcoin's drop isn't large; altcoins are just speechless.
The decline of altcoins is completely beyond Cognition Society's expectations. I dislike hindsight trading; such gradual declines are hard to predict because the market will lack liquidity.
When will the market stabilize? It will need to wait for the results of the new U.S. presidential election. Trump's extreme friendliness towards the crypto industry contrasts with Harris, who is very average and has never expressed a liking for the crypto industry.