#崛起 To summarize briefly, this week's market, yesterday, BTC had a very obvious rise, breaking through the previous high point. The main reason is that this round of XRP and the SEC lawsuit has come to an end, and the case has been won. Therefore, it has a relatively large effect on boosting market confidence.
At present, we are looking at the mainstream support. If the support is effective, the trend will remain unchanged and continue to be bullish. If it falls below 31,000 and returns to the oscillation range, we need to look at some fundamental information. We may have to adopt a defensive strategy, and there may be a trend reversal. But at present, the overall situation is still relatively healthy.
As for some information about the fundamentals, the lawsuit between the SEC and this yesterday directly affected the overall progress of our market, which is considered to be relatively large good news. Then, regarding the SEC, the application process for the Bitcoin spot ETF has officially begun, which is also considered to be good news. Recently, good news has been frequent, so we have to pay attention to the signals of the market. If after this passion, we have to consider leaving the market. We have to pay attention to the long and short indicators, as well as the fear and greed indicators. If our greed index is very high, then at this time, we have to consider the issue of taking profits and leaving the market.
Macro information: This week, the CPI data came out. After the CPI data came out, it did not rise immediately. However, after yesterday's two positive news, it still had a relatively large impact on our market. The overall potential energy is still relatively strong. Yesterday, Bitcoin also rose in large volume. So, the trend remains unchanged. As long as it does not fall below 31,000, even if it falls below 31,000 and recovers quickly, the trend will not change. It is still a bullish signal and is relatively strong. #荣耀时刻 #BTC