BitEagle đŠ Accurate Market Analysis 4.3 @Everyone
Good morning, brothers. Let's write today's analysis quickly for your convenience
Current situation
(1) The market is afraid of the release of non-agricultural data on Friday, which brings fear
(2) The desire to buy the bottom is not strong, the price is unattractive, and there are not many stablecoins flowing into the exchange
(3) The US government is going to sell BTC prices, which brings panic
Adding the fear of Asians getting up, at least 20% of people will sell at a loss, which will bring about a market crash
So a large volume of decline is needed
There are also good news in the panic
Last night, two Fed officials said that there will be three interest rate cuts this year.
God's help made gold celebrate all night and break through 2280 to a new high.
But BTC is still decadent
It shows that the current decline is irrational fear
If the market reaches the stage of irrational fear, it should be close to the bottom
By Friday, if it has fallen a lot, the non-agricultural and unemployment data will release negative news, and it will not fall much
If the non-agricultural and unemployment data on Friday release positive news, there will be a big reversal
What we need to do now is to wait for the panic to be released and be patient
Bottom-picking needs to be done in batches, don't be in a hurry, wait a little longer, and beware of another drop.
Be prepared to prevent BTC from falling to $63,000 $BTC $ETH $SOL #性çè”°ćż
