Odaily星球日报讯 周二早盘交易中，比特币价格从 69,000 美元上涨至目前稳固突破 71,000 美元大关，这表明交易员对一周后美国大选的乐观情绪日益高涨。分析师指出，选举驱动的势头、强劲的技术指标和衍生品头寸的提升表明比特币的价格前景将会改善。此外，“特朗普交易”的叙事和有利的第四季度季节性因素为比特币创造了一场完美风暴，尽管大选前价格可能出现波动，但未来仍将迎来一段令人兴奋的时期。期权市场也反映出对比特币的乐观前景，看涨期权的定位是，按市值计算，比特币这一最大数字资产的价格可能在年底前升至 80,000 美元以上。（The Block）

分析师：“特朗普交易”和衍生品市场乐观情绪或助力比特币在美大选前上涨

Odaily Odaily News: In early trading on Tuesday, the price of Bitcoin rose from $69,000 to a current solid break above the $71,000 mark, indicating growing optimism among traders about the U.S. election in a week. Analysts point out that election-driven momentum, strong technical indicators and increased derivatives positions indicate that Bitcoin&#39;s price outlook will improve. In addition, the narrative of the &quot;Trump trade&quot; and favorable fourth-quarter seasonality have created a perfect storm for Bitcoin, and although prices may fluctuate before the election, there will still be an exciting period ahead. The options market also reflects the optimistic outlook for Bitcoin, with call options positioned that the price of Bitcoin, the largest digital asset by market value, could rise to more than $80,000 by the end of the year. (The Block)

Analyst: The Trump trade and optimism in the derivatives market may help Bitcoin rise before the US election

The market trend is on the rise. What factors are at play?

BTC breaks through $71,000, is a new high just around the corner?

The three major US stock indices closed slightly higher yesterday, while US Treasuries remained under pressure. Bitcoin briefly rose to $70,270, and as Trump's momentum continues to grow, the atmosphere of "Trump trade" seems to be getting stronger.

<What is the market sentiment regarding Trump's increasing chances of winning? Can Bitcoin also be considered a "Trump trade"?>

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- TSMC plunged 4%, the "Trump trade" resurfaces
- Bitcoin returns to the 70,000 level
- Important data and super earnings week ahead

TSMC plunged 4%, the "Trump trade" resurfaces
Huawei is suspected of obtaining...

Trump trading resumes, Bitcoin returns to 70,000 mark

Odaily Planet Daily Report: VanEck's digital asset research head Matthew Siegel said that the recent rise in Bitcoin seems to be related to political changes and global economic concerns. Siegel pointed out that the upcoming US election, changes in money supply, and the international development of Bitcoin mining are factors affecting the recent price trend. Regarding the impact of the upcoming US presidential election on Bitcoin price trends, he explained that historically, Bitcoin has often responded to changes in political sentiment, especially when a candidate seen as more supportive of digital assets performs well in opinion polls. The recent price trend is consistent with the increased probability of betting on Trump, a candidate who supports cryptocurrencies. "We believe this is a very favorable setup for Bitcoin to enter the election. We saw the exact same pattern in 2020, when Bitcoin underperformed and had low volatility," Siegel said, "Once the winner is announced, we will experience a high-volatility rebound as new buyers enter the market." He also emphasized the importance of the long-term negative correlation between Bitcoin and the US dollar. He added that periods of US dollar weakness often coincide with Bitcoin price increases, as investors seek alternative stores of value. Another key factor he mentioned is the correlation between Bitcoin and money supply growth, especially M2, which tracks the supply of cash and readily available funds. Siegel said that the recent policy adjustments by the Federal Reserve have once again accelerated the money supply, thereby reigniting people's interest in Bitcoin. Furthermore, he discussed the impact of global developments on Bitcoin adoption. He pointed out that some emerging markets, particularly the BRICS countries, are integrating government-resource-supported Bitcoin mining operations. Looking ahead, Siegel said that global debt concerns could further drive interest in Bitcoin. He stated that if major economies, especially the US, face credit rating downgrades, this could serve as a catalyst for increased investment in Bitcoin as an alternative asset.