From the URPD data, we can see that the rise this time was too fast, and there were even a lot of faults in the middle. That is, in the vacuum zone between 74,300 and 86,400 in the figure, there are very few chips.
This situation is very similar to the trend of BTC after the spot ETF was passed in the first half of the year. At that time, it also quickly rose to a new high of 73,000 US dollars, and then began to pull back all the way, gradually filling the gap. So in the short term, the market may usher in a wave of corrections.
However, there is no need to worry too much. From the medium and long-term trend, before Trump takes office, as long as there is no black swan and economic recession, it will still be an upward trend. As long as there is a correction, it will reverse and pick us up. It depends on whether you dare to go up. #BTC冲破9万 #美国零售销售数据即将公布 #新币挖矿&盘前交易USUAL