I just asked AI about the reasons for this round of market surge. He said it was because of the war. Actually, I don't agree. If you've been looking at ETFs lately, you'll have noticed that US ETFs have started buying again, for about a week now. Then X will soon launch its wallet and community tools, allowing all X users to join the crypto. In addition, many American KOLs have placed orders, so the negative factors have been fully priced in. In addition to expectations of interest rate cuts I checked the BTC moving average resistance level, and it's around $78,000. I think it would be good if the rebound could reach $78,000. Don't have too high expectations for a BTC rebound; there are too many people being liquidated, and there aren't many newbies left in the market.
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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.
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