When will the cryptocurrency market explode?
In the ever-changing financial market, people can't help but ask: When will the cryptocurrency market start to rise like this? At present, it seems that the world's attention is focused on the Chinese stock market, and the outflow of main funds has reached 36.5 billion, but retail investors are still pouring in. This makes people wonder whether it will be the cryptocurrency market's turn to be so crazy tonight?
Let's analyze the situation of ETH. In the afternoon, ETH temporarily stopped falling at 2601 points, but the rise seemed weak. Obviously, the A-share market has indeed attracted a lot of funds and has also affected the volatility of the cryptocurrency market. However, the seven-day closure of the A-share market in the later period may become the main venue of the cryptocurrency market.
Lao Bai has his own views on the later market. He pays attention to the opening of the US stock market tonight, hoping that the US stock market can greatly drive the rise of the cryptocurrency market. At the same time, whether ETH can pull back to 2560 today has also become the focus of investors. If it can pull back to this point, it may be a good time to get on board.
Summary:
It is worth noting that the transaction volume of the A-share market has reached 2.4 trillion, and such a huge amount of funds is surging in the market. When the US stock market opens tonight, Brother Long is optimistic that the cryptocurrency market will take off. After all, while the A-share market attracts a lot of funds, if a little "soup" can be left for the cryptocurrency market, then the cryptocurrency market is likely to usher in an exciting market tonight.
