Macro market analysis:

The US dollar index surged, and the cryptocurrency circle pulled back📉

The highest of the US dollar index has broken through 107. This kind of strong surge in the US dollar index means that the US dollar has appreciated against all currencies in the world. In other words, all other currencies in the world have been slaughtered by the US dollar.

Bitcoin began to pull back after it surged to 93,300. After several long and short shocks, the current price has reached 87,400. The cryptocurrency circle is now polarized. The pullback of Bitcoin and the crazy meme is healthy, but the pullbacks encountered by other cottages may not be so healthy. The ETH/BTC exchange rate has hit a new low again, which also means that the previous outbreak of Ethereum has not deviated from the inertia brought by the surge in Bitcoin. With the pullback of Bitcoin, the pullback of Ethereum will only be stronger.

The panic greed index of the Bitcoin market has reached 80. From this perspective, the market is still looking forward to Bitcoin's surge. As ordinary investors, we should believe that the pullback will continue for some time. Again, at this time, we must grasp the chips in our hands and cherish the chips in our hands. It is not yet time to make a profit. December is still a good month for highs.

For retail investors, if you still have spare positions, you can plan and gradually increase your positions when the correction is deeper. #市场回调，观望还是上车？ #美国零售销售数据即将公布