It's a bit late recently. Previously, we were talking about the drop in the US stock market the day before yesterday due to the earnings season. Sure enough, after the release of the earnings sentiment, the US stock market has started to return to the main line. As for BTC, we have been emphasizing that the current narrative is the BTC consensus conference, and the details are the expected speech by Trump. Whether it is true that BTC will be used as a strategic reserve is one thing, but the fact that Trump is speaking is already good news for BTC. Looking at the data, there is still nothing new. The early investors have not changed much and are still maintaining a spectator attitude, while the short-term investors who bought the dips starting yesterday have a higher turnover. As mentioned yesterday, many people chase the rising market and sell when it falls, but investing requires some logic. Frequent short-term trading reduces the tolerance for errors and increases the risk for most people. The price range between $64,000 and $69,000 has become more stable, although it is currently being driven by short-term investors. However, with the continued buying of the US spot ETF investors, the opportunity for long-term holding will also increase. So if there is no major risk or black swan event, this support level is quite stable. You can see that there are fewer people criticizing me recently. The speech by Trump will be at 3 am Beijing time on Sunday. It's worth paying attention to, especially for short-term traders. Although I said that if he dares to say that BTC will become a strategic reserve of the United States, I will increase my BTC holdings, for many traders, this should be the best short-term opportunity. Tomorrow is the weekend, and the current sentiment is good. With the expected speech on the weekend and the lack of liquidity, the volatility may increase, especially if he actually says it. Futures traders need to be careful. The data has been updated, the link is: docs.google.com/spreadsheets/d... This tweet is sponsored by @ApeXProtocolCN | Dex With ApeX.
This article is machine translated
Show original
![](https://static.fwimg.io/img/feed/fda84feb1bf6a1d02a13e15a6c3f04fe.jpg)
![](https://static.fwimg.io/img/feed/524b8ec37dcdce3f40196e1ba40b6e5f.png)
Sector:
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content