Let me briefly explain the reasons for the recent decline 1

LIVE

交易员张张子

--・5.9k views

See original

Let me briefly explain the reasons for the recent decline 1. Grayscale Fund continues to sell. When large funds sell, other major players will not immediately take over, but will follow the market or futures market to hedge. 2. In April and May, large technology stocks in the US stock market are under great pressure, especially Apple encountered a monopoly case storm. In this case, the decline of the US Nasdaq trend will affect the currency circle. 3. At present, most retail investors have large floating profits in spot trading. These floating profits make retail investors psychologically safer and do not care about the callback of the main force. Then the main force will continue to smash the market, making retail investors psychologically change from being relatively safe to being unsafe, and finally causing more retail investors to leave the market with hatred. 4. Observing the trend of the past two days, if BTC cannot stand firm on the 4H support, the short position will continue. #大盘走势 $BTC #BTC🔥🔥🔥🔥

Let me briefly explain the reasons for the recent decline
Grayscale Fund continues to sell. When large funds sell, other major players will not immediately take over, but will follow the market or futures market to hedge.
In April and May, large technology stocks in the US stock market are under great pressure, especially Apple encountered a monopoly case storm. In this case, the decline of the US Nasdaq trend will affect the currency circle.
At present, most retail investors have large floating profits in spot trading. These floating profits make retail investors psychologically safer and do not care about the callback of the main force. Then the main force will continue to smash the market, making retail investors psychologically change from being relatively safe to being unsafe, and finally causing more retail investors to leave the market with hatred.
Observing the trend of the past two days, if BTC cannot stand firm on the 4H support, the short position will continue. #大盘走势  $BTC #BTC🔥🔥🔥🔥  