FTX is expected to distribute $16 billion to creditors in Q4, which is a huge benefit to the cryptocurrency circle. Even if these funds cannot return to the crypto market in full, even if only 50% of them return, there will still be 8 billion incremental funds, which is undoubtedly a big benefit!

It’s a pity that I went out in the afternoon, otherwise I should have been able to get most of the gains of USTC and LUNA.

Okay, let’s start today’s market analysis directly:

There are two expectations for BTC’s trend next week, except for rising:

1. A small correction stabilizes at the support level of 64700 and attacks 67000

2. Directly break through 67000

The big bull market is coming in October, please hold it patiently, do less and watch more, so that you can walk steadily