Focus on the following two major events this week:
At 21:45 on Thursday, the US August PMI data;
At 22:00 on Friday, Powell delivered a speech.
There are some negative factors in the current market: the BTC selling pressure in Mentougou continues, and the conflict between Iran and Israel continues. However, if it can survive these negative factors, BTC is expected to break through the previous high.
Since March to September, most of the funding costs have been concentrated between 60,000 and 70,000 US dollars, especially the ETF funding costs are high, and a round of fund turnover has been experienced.
In addition, the Mentougou problem has also been resolved, and large funds may begin to deploy ETH. 📈 Want to learn more about the logic of cryptocurrency investment? Please visit my main leaf to find me.
Therefore, it is recommended that now is a good time to layout, patiently wait for the market to pick up, and avoid blindly chasing the rise, and learn to buy low.
