Data changes on the chain during the week (2)
Continue from above
From the perspective of stablecoins, USDT\USDC represents the United States and Europe respectively. They have also declined significantly in recent weeks, which means that the liquidity of funds on the market is poor, and the number of people entering the market is also decreasing. At the same time, large amounts of outflows continue, and there may be sudden rises and falls at any time. .
Cryptocurrency is quite sluggish right now. It can’t rise as high as the U.S. stock market, and the narrative is not that rich. It can’t be used up on one hand even if you count your fingers.
Europe has experienced negative GDP growth for two consecutive quarters, and Germany has entered recession! As I wrote last month, Germany was the first country to enter recession.
Maybe Europe is about to cut interest rates, and Europe's CPI will drop sharply. The United States may not be able to escape the same situation.
In terms of operation, just follow the order, there is nothing much to say. If you can have a stable profit in this market for a month, you can outperform 90% of people!
Follow orders and eat fish, and grow together🚀
#A9社区 Trend Trading Team