At this stage, the market is mainly supported by BTC ETF news. BTC is strong alone, including ETH and other sectors, which are relatively weak. It is not strong enough to support the market in the low-end zone, or it can rebound when BTC relatively accelerates its rise. , the overall market is in a relatively fragile state, which means that if BTC falls, it will trigger a larger decline in other sectors.
Therefore, BTC will be the benchmark for the market in the near future. From this market state, we can also feel that the market funds are relatively scarce, the risk of operations will be relatively high, and the degree of market control will be relatively large, so although OP is currently falling It broke the support and rebounded and stood on the upper track of the downtrend channel. Overall, it still depends on the face of BTC. If BTC can continue to rise, it will effectively trigger other sectors to also have a larger rebound. Otherwise, once BTC weakens, it will The overall risk of the market falling will be very high.
