Market Analysis 7.4

Good morning, brothers. I have been reminding you of several points in the past few days:

(1) Save money and wait for the price to fall below $59,000

(2) Don’t rush to buy the bottom or add positions

(3) Don’t sell at the bottom

The current recommendation remains unchanged

We still have to wait for the Mentougou incident to be resolved before we decide whether to add positions

Yesterday’s small non-farm data ADP was lower than expected

Previous initial claims data and PMI were also positive

Gold hit the $2,360 mark

But BTC still fell. The fundamental reason is still because of Mentougou

The impact of the recent Mentougou incident is far greater than the Fed’s policy

Pay attention to the release of non-farm data at 20:30 tomorrow night

There should be more news about the Mentougou incident next week

To summarize the strategy:

Wait for the Mentougou incident to be resolved before deciding whether to add positions

Don’t sell at the bottom, otherwise the rebound mentality will be out of control, and you will be trapped if you chase the rebound.

As long as you don’t buy high-inflation tokens, don’t be afraid to hold the spot, and you will be fine

ZK fell to 0.15 before, and it rebounded

chr fell to 0.2 at the lowest, and it rebounded.

It fell for a few weeks, and it may rise again in a few days.

#BTC #以太坊ETF批准预期 $BTC