The chaos in the political world is transmitted to the financial level, which means that there is no possibility of a bull market. Especially in the US stock market, which has taken the lead and has formed a completely opposite state with the cryptocurrency market since its growth, there has been no obvious pullback after a wave of pulling. The same is true for the gold market at the beginning of the year. The phenomenon of pullback after setting several historical highs is not obvious. The lack of signs of pullback shows that the amount of funds has not fled, and a large amount of funds have poured into other markets, which is a manifestation of anxiety. The current strategy of the US crazy interest rate hike has indeed made the US dollar appreciate again, and the appreciation of the US dollar is bound to cause the decline of other markets. The impact of the cryptocurrency market basically comes from these two points. It can be said that if Bitcoin was listed 19 years ago, the historical high would not have stopped at around 70,000. It is the sluggish amount of funds that has affected the recent growth of the cryptocurrency market. This can also be regarded as a side limit. No one wants to see emerging markets grasp the fate of the world.
In short, the big trends are basically listened to by spot users. Yesterday, I also forgot to talk to contract users about the mid-line situation. Today, we still focus on contract users. For contracts, the current stage is in a state of repair after a downward exploration. The capital volume and technical level are basically in a state of slow growth. The growth is not strong. On the contrary, the rate of decline is more rapid when the market reverses. This is a mid-line trend. For contracts, you only need to find the support and pressure positions to enter the market. + Lao Cui tanhua2209 Bitcoin's 6W mark and Ethereum's 3200 position will be in a state of repair as long as they stand firm in the later period. Overall, it is still a box shock. At this stage, both long and short positions will not suffer too much loss. For Bitcoin, even if the 60,000 mark stands firm, there will be good news in the short-term situation, and it will still fall below this position. At this stage, there is no good news for trading, which means that there will be a short position.