The biggest question everyone is facing now is:
Will the market continue to fall?
Before we judge this question, we must clarify the main reason for this decline.
This decline is mainly due to the decline in the global economic situation caused by the geopolitical conflict between Israel and Iran. The crypto market follows the US stock market, so when the US stock market falls, BTC will also fall.
At present, as long as we analyze whether the conflict in the Middle East will intensify in the future, we can probably rule out a big mine for the decline in the market.
From the current known news analysis: This morning, the President of Israel called Biden and said that he would cancel the counterattack against Iran, and also lowered the level of national warning. From this, it can be predicted that the conflict should stop for a period of time, which also means that the crypto market may usher in a wave of rebound.
However, there are still many uncertainties in the matter of war, so it is still recommended not to blindly buy the bottom and open contracts, and operate with caution.
