Good news comes one after another, bull market takes over the May Day holiday?
Yesterday, we also talked about the growth around the May Day holiday. Both contract and spot users think it is because of the holiday. Everyone thinks too superficially. The cryptocurrency market has indeed encountered many holidays and growth trends. These problems are not caused by our holidays. The last bull market also started from our National Day. The growth factors of this round are more derived from the recent listing of ETFs in Hong Kong. At least it will get rid of the competition for the 6W mark. For ordinary users, it is indeed a good position to ambush in advance. The listing node is getting closer and closer, which also forces everyone to enter the market more and more impatient. The short-term will definitely be in a callback stage. The impact of the listing will definitely have a time difference. Before the funds are injected, the overall market will be in a volatile stage. Spot users can indeed choose this wave of entry opportunities.
For contracts, in the short term, it is in the stage of high callback. The short-term stop loss point is around 1,000 points and it is definitely still mainly empty. As for the mid-term issue, everyone's consideration is more about the amount of funds. Only when the funds are strong enough can you layout the entry of multiple orders. If you can't grasp the specific points, you can consult Lao Cui. The listing in Hong Kong means that traditional funds in Asia can intervene. + Author: shi9527111 However, the current financial situation in Asia is not optimistic, especially the plunge led by the yen, which has hit a new low in 30 years. Although our export volume can offset the overall impact, the impact on the funds in the currency circle is still relatively strong. Normally, the listing in Hong Kong can at least enable Bitcoin, the leader in the currency circle, to hit the 70,000 mark and stabilize. Only in this round of growth, Lao Cui estimates that it can set a new high, but stabilization still needs to be considered.
Therefore, everyone's ambush must be judged by the situation, and try not to be too greedy when there is profit. While entering the market in batches, you must also be prepared to withdraw at any time. USDT has always maintained between 7.3-7.4, which means that the growth of the overall market is within a controllable range. Even if there is a breakthrough in the new high, it is impossible to present a stabilizing form. However, the listing condition is definitely good news. The halving effect of Bitcoin is very important to us.