Market Analysis 7.7
Good morning, brothers. The market has rebounded greatly.
First look at the daily chart. On the first day of the market rebound, many coins have fallen to the floor.
If you sell now, you will lose the bottom chips and cut them to the floor, so don't sell.
As mentioned before, as long as the contract is not liquidated,
it may only take a week or so to rise. From the data on the chain, BTC has not continued to flow into the exchange.
Those who were scared away by Mentougou sold a large number of them before.
Not many people want to sell from yesterday to today. The German government is still selling coins, but if there are bargain hunting funds to take them, it will not be a big problem.
Mentougou has only sold more than 1,000 coins, and there are still a lot of unpaid.
This compensation has been going on for a long period of 3 months.
There may be variables. Be careful of new developments next week. Powell will speak twice next week, and CPI data will be released on Thursday. Although it seems to be under great pressure,
but there are opportunities in crisis.
Investment is a risky thing.
You must participate and don't short.