You really can't speculate on cryptocurrencies based on good news or bad news. Those who speculate on cryptocurrencies based on good news or bad news are the pigs of this market, the pigs that have been fooled and slaughtered!

Let me show you a set of data:

$BTC This weekend, funds were buying crazily. In 3 days, funds entered contracts worth 1.5 billion US dollars, and in 24 hours, funds entered 1 billion US dollars. In other words, funds started to enter over the weekend. 500 million US dollars entered over the weekend, and 1 billion US dollars entered today, Monday. BTC also bought 58 million US dollars in spot over the weekend, but the market was full of bad news, such as the German government's selling pressure and Mentougou's selling pressure, etc. This led to a large number of retail investors shorting in the market!