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As mentioned yesterday, Trump's tariff readjustment over the weekend, coupled with the geopolitical impact between the US and Iran, necessitated attention on the opening of US stock index futures on Monday. As it turned out, futures fell slightly by about 0.6% this morning.
Poor sentiment hit #Bitcoin, with the Fear & Greed Index already at an all-time low, indicating extreme panic. This caused altcoins to also plummet.
This is unavoidable. When crypto is consolidating and liquidity is low, even short-term fluctuations in the macro market negatively impact US stocks, causing crypto to follow suit and fall, unable to remain unaffected.
Many are surely asking where the bottom is and when sentiment will improve.
Personally, I think we might need to wait for expectations of interest rate cuts or changes in crypto legislation. These can all affect liquidity.
There won't be an interest rate cut in March, so we'll have to wait until at least March.
Therefore, this period is a time of uncertainty, as even the slightest macroeconomic development can negatively impact crypto sentiment. Therefore, I can't predict whether it will break 6 or 5, or where BTC will ultimately fall; we can only continue to wait.
As long as US stock market sentiment remains stable. Even if crypto stocks don't rise in tandem, they should at least maintain a range-bound movement. Therefore, the market sentiment at the opening of the US stock market tonight will be crucial. We'll continue to observe and wait.

DC大于C
@DL_W59
02-22
我觉得可能有三个层面的思考 #宏观分析 #美股 #Bitcoin
1️⃣ BTC 受市场采纳率与流动性驱动,是宏观流动性敏感资产。自23年开始,BTC的采纳随着ETF通过,机构 、企业储备等等变得越来越广泛。 x.com/monkeyjiang/st…

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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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