火星财经消息，10 月 28 日，QCP 发布每日市场观察称，特朗普在 Joe Rogan 体验播客上的采访在选举前一周发布，已经获得了超过 3200 万次观看，推动他的 Polymarket 赔率升至 66% 以上。尽管加密货币被称为「特朗普交易」，但 BTC 与特朗普赔率的相关性似乎在减弱。BTC 正努力突破 70,000 美元并超过 7 月高点。本月「Uptober」中 BTC 仅上涨 8%，低于平均 21%。若现货维持在这些水平，今年 10 月将成为 BTC 过去十年来表现第四差的 10 月。目前仍保持谨慎，因为不预计周四的核心 PCE 数据或周五的 NFP 数据会带来任何惊喜。各交易平台的 BTC 永续合约（BTC-PERP）未平仓合约总量为 270 亿美元，接近今年的峰值。若突破 70,000 美元，可能会引发新的历史高点，尤其是在更多杠杆多头参与的情况下。

<div>火星财经消息，10 月 28 日，QCP 发布每日市场观察称，特朗普在 Joe Rogan 体验播客上的采访在选举前一周发布，已经获得了超过 3200 万次观看，推动他的 Polymarket 赔率升至 66% 以上。尽管加密货币被称为「特朗普交易」，但 BTC 与特朗普赔率的相关性似乎在减弱。BTC 正努力突破 70,000 美元并超过 7 月高点。本月「Uptober」中 BTC 仅上涨 8%，低于平均 21%。若现货维持在这些水平，今年 10 月将成为 BTC 过去十年来表现第四差的 10 月。目前仍保持谨慎，因为不预计周四的核心 PCE 数据或周五的 NFP 数据会带来任何惊喜。各交易平台的 BTC 永续合约（BTC-PERP）未平仓合约总量为 270 亿美元，接近今年的峰值。若突破 70,000 美元，可能会引发新的历史高点，尤其是在更多杠杆多头参与的情况下。</div>

QCP：比特币与特朗普赔率相关性或在减弱，若突破 7 万美元将产生新的高点

According to the news from Mars Finance, on October 28, QCP released its daily market observation, stating that Trump's interview on the Joe Rogan Experience podcast was released a week before the election and has already received over 32 million views, pushing his Polymarket odds to over 66%. Although cryptocurrencies have been dubbed the "Trump trade," the correlation between BTC and Trump's odds seems to be weakening. BTC is struggling to break through $70,000 and surpass the July high. In this month's "Uptober," BTC has only risen 8%, lower than the average 21%. If the spot market maintains these levels, October 2022 will be the fourth worst-performing October for BTC in the past decade. Caution is still being maintained, as no surprises are expected from the core PCE data on Thursday or the NFP data on Friday. The total open interest of BTC perpetual contracts (BTC-PERP) on various trading platforms is $27 billion, close to the year's peak. If it breaks through $70,000, it may trigger a new all-time high, especially with more leveraged long participants.

Here is the English translation:

<div>Mars Finance News, on October 28, QCP released its daily market observation, stating that Trump's interview on the JOE Rogan Experience podcast, released a week before the election, has already received over 32 million views, pushing his Polymarket odds to over 66%. Although cryptocurrencies have been dubbed the "Trump trade", the correlation between BTC and Trump's odds seems to be weakening. BTC is struggling to break through $70,000 and surpass the July high. In this month's "Uptober", BTC has only risen 8%, lower than the average of 21%. If the spot market remains at these levels, October 2022 will be the fourth worst October for BTC in the past decade. Caution is still being maintained, as no surprises are expected from the core PCE data on Thursday or the NFP data on Friday. The total open interest of BTC perpetual contracts (BTC-PERP) on various trading platforms is $27 billion, close to the year's peak. If it breaks through $70,000, it may trigger a new all-time high, especially with more leveraged long participants.</div>

QCP: Bitcoin's correlation with Trump's odds may be weakening, and a new high will be reached if it breaks through $70,000

QCP Capital stated that the dominance of <BTC> continues to rise, reaching a high of 59.75% this week. In contrast, <ETHBTC> broke through its key support level of 0.03850, falling 5.85% to a new low of 0.03625. As <BTC> approaches its ATH levels, the upward trend in <BTC> dominance may continue in the short term. As the week draws to a close, the focus is now on the non-farm payroll data to be released next Friday, which will provide more insight into the Federal Reserve's next move. The current probability of a 25-basis-point rate cut in November is 95%.

QCP Capital: Bitcoin dominance continues to rise, reaching a high of 59.75% this week

Odaily Planet Daily Report: The US spot Bitcoin ETF is expected to purchase its 1 millionth Bitcoin as early as this week, as traders are preparing for potential crypto-friendly factors in November. These positive factors include the US election, the Federal Reserve's potential interest rate cut, and Russia's lifting of the Bitcoin mining ban - all of which are happening in November. According to data from Apollo and SoSoValue, the issuer of the US spot Bitcoin ETF currently holds 976,893 Bitcoins, worth over $66.2 billion, accounting for nearly 5% of Bitcoin's $1.34 trillion market capitalization. The spot Bitcoin ETF needs a net inflow of $1.55 billion (i.e., the purchase of an additional 23,107 Bitcoins) to reach this milestone. To achieve this goal within this week, it would require a net inflow of $301 million per day on average. However, Henrik Andersson, Chief Investment Officer of Apollo Capital, believes that the "biggest determinative factor" in deciding whether the crypto market will rise is Trump's victory: "If he actually wins, we think the momentum in risk assets could drive Bitcoin to $100,000 by the end of the year."(Cointelegraph)

Analysis: Multiple positive factors are expected in November, and Bitcoin ETF may soon purchase its 1 millionth Bitcoin

Here is the English translation:

- <BTC> once broke through $2,500
- The top 10 tokens have generally rebounded
- A single-day liquidation of $68 million across the network
- <BTC> may break new highs?
- This week's market focus

<BTC> continued to fluctuate between $66,600 and $67,400 over the weekend, until last night around 8 o'clock it opened a relatively strong upward trend, and reached a high of $68,344 in the early morning (28th).
Slightly pulled back before the deadline, currently reported at $67,780, the 24-hour gain narrowed to 1.25%, which is...

Is Bitcoin expected to break through a new high of 68,000? This week’s U.S. non-farm payrolls report, the Bank of Japan’s interest rate decision, and Qixiong’s financial reports are coming...