Several short-term news have a relatively large impact on the market. First, the SEC terminated its investigation into Ethereum, which to some extent clarified the commodity attributes of Ethereum. The sword of Darkmos that had been hanging over its head for many years finally landed safely. Secondly, Nvidia's market value ranks first in the world. This global AI development issue will become clearer with the ongoing bull market.
As for the overall market in recent days, I feel that it is probably in a critical reshuffle stage. But now many people are either stuck with full warehouses of copycat stocks or are afraid to buy. The market seems to be in a state where most people are waiting and watching.
We are still in the middle stage of the bull market. When most people are afraid to buy, complain, or fall into despair, it is often your opportunity. At this stage, the market is likely to give some people new opportunities to enter the market, but there are not many such opportunities. You may only be able to seize them 2-3 times in a cycle at most.
BTC
The daily reports in the past few days are like a series, with the same idea and little change. Yesterday, 65800 was hunted as expected, and the current short-term support is 64900-64600. Inertial decline, shock repair stage! Continue to pay attention to the buying opportunities in the 63500-60000 area below!
ETH
Yesterday's daily report's upward test target of 3610-3640 was reached as expected! The highest price is 3625! If the current price falls below 3500, we will still pay attention to the buying opportunities at 3420-3380!
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