The market is recovering, confidence is rebuilt, but undercurrents are surging
The recent market atmosphere is subtle, with a small drop and rebound. BTC and ETH show resilience against declines, and the visual "unable to fall" may become a bait. I maintain an objective position, with clear ups and downs, and hit the essence of the market directly.
This recovery is actually a battle to restore confidence, aiming to attract new funds to enter the market and pave the way for subsequent market conditions. Looking back at the high point of the year, the current price is still in the high range, but the performance of the altcoin is slightly messy, the pin market is frequent, and the stability is insufficient.
The market seems to be full of positives-expectations of interest rate cuts, progress in ETFs, and new exchanges are constantly listed, but in fact, it has been hyped for a long time and bubbles are looming. The highlight of BNB bottoming out last year to June this year is enough to prove the importance of accurate judgment. Now, the market urgently needs a deep wash to purify the environment and accumulate power for the real bull market.
I firmly believe that the restart of the bull market needs to wait for the perfect time, but when it will come, it will take time to reveal. At this time, it is best to stay vigilant and invest rationally.
Need to analyze the follow-up communication of the copycat point 𡝗 search 👉 public account: Encrypted Riding the Wind
The long-short dividing line allows you to judge the direction, the resistance level and pressure level are for you to judge the reduction of positions and moving profit-taking. Those who can give you a one-sided market probably have relatives in Wall Street. Pay attention to the market to make orders (BTC ETH). The software is dead, but people are flexible.
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