Market analysis and strategic suggestions
1. Market review and risk warning
Time node: Since Saturday, we have repeatedly prompted to reduce positions to below 50%. Risk events: U.S. stocks plummeted last night, with the Nasdaq falling 3.6%. The AI craze cooled down, and the market value of the Nasdaq 100 evaporated significantly. Market linkage: U.S. stocks and BTC, as risk assets, have shown significant linkage. BTC almost fell below the key support level last night.
2. Key negative factors
Mentougou incident: A large amount of BTC held by Mentougou will continue to be released to the market, which is expected to bring selling pressure of approximately US$4.6 billion, and the impact will last until October. Good news: The positive effects of interest rate cuts and ETH ETFs have been mostly realized, and the market needs to find new growth points.
3. Strategic suggestions
Stay patient: In the face of market uncertainty, investors are advised to remain calm and avoid blind operations. Avoid the urge to buy the bottom: In the current market environment, it is not advisable to rush to buy the bottom. You should wait for a more favorable opportunity. Emotional management: Learn from historical experience to avoid being swayed by panic at the bottom and making wrong decisions. Explore new opportunities: On the premise that risks are controllable, you can pay attention to trading opportunities such as Meme coins and look for new growth points.
4. Summary and Outlook
In the short term, the secondary market may face certain challenges, but in the long term, the cryptocurrency market still has huge development potential. We need to maintain a keen insight into the market, flexibly adjust strategies, and jointly meet future opportunities and challenges.
