On Tuesday, Federal Reserve Chairman Powell made dovish remarks at the European Central Bank Forum, which significantly boosted market sentiment and pushed the Nasdaq Index (Nasdaq) to break through strongly and stabilize above 18,000 points, recording a gain of 0.7% on the day. The increase reflects the market's optimism about expectations for loose policies.
At the same time, it has been noted that related projects located in specific assets or addresses in Germany and the United States are still being listed for sale. This factor continues to disturb short-term market prices. Market participants are paying close attention to this development, and it is generally expected that the market will usher in a more stable trend after the selling pressure from historical issues including Germany, the United States, and MtGox is gradually released.
In view of the high volatility of the current market environment, we strongly recommend that investors remain cautious, pay close attention to market dynamics, and consider keeping an appropriate distance when risks are higher to avoid potential uncertainties and risks. (Market volatility is intensifying, operate with caution and safety first!)
