The market trend is weak, don't be overly pessimistic, and at the same time, don't fall look at 40,000 50,000 pump or 78,000, the current accumulation is not enough, and it takes more long time to shock and digest the previous pump.
In the top ten ETFs, GBTC continues to flow out slowly and others are under-bought, the market lacks confidence, perhaps only interest rate cuts can form an effective stimulus, the only uncertainty at present is the Fed policy, once it does not fall and add, it may be very different from market expectations may become another black swan time!
However, the market has already expected, there is no need to over-interpret the worries, even if the interest rate is raised, it is nothing more than a slight delay in the time of interest rate cuts, just wait for the opportunity, and at present, from the long short point of view, there has been an explosion of short demand !! #BTC #以太坊
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The market trend is weak, don't be overly pessimistic, and at the same time, don't fall look at 40,000 50,000 pump or 78,000, the current accumulation is not enough, and it takes more long time to shock and digest the previous pump.
In the top ten ETFs, GBTC continues to flow out slowly and others are under-bought, the market lacks confidence, perhaps only interest rate cuts can form an effective stimulus, the only uncertainty at present is the Fed policy, once it does not fall and add, it may be very different from market expectations may become another black swan time!
However, the market has already expected, there is no need to over-interpret the worries, even if the interest rate is raised, it is nothing more than a slight delay in the time of interest rate cuts, just wait for the opportunity, and at present, from the long short point of view, there has been an explosion of short demand !! #BTC #以太坊