Market sentiment is panic, and Bitcoin enters the adjustment channel
A and cryptocurrencies are like ice and fire. A was closed during the National Day, but Hong Kong stocks were not closed, so Hong Kong stocks took over A and ushered in a big rise. With the surge in the Golden Dragon Index, all Chinese stocks soared. Cryptocurrencies, on the contrary, entered the familiar adjustment channel.
Today, the panic and greed in the market reached 37, and it entered panic again. To be honest, this is the rhythm we are familiar with. Before, Bitcoin went from 60,000 to 66,000, it was hesitant and procrastinated. The market sentiment always hovered in the "neutral" range. I have always said that this will not be the beginning of a unilateral rise. Now it has entered the downward adjustment channel, and this taste is right. This adjustment may be based on the cycle of October.
A will definitely continue to sing triumphant songs after the holiday, and the crazy bull will move forward bravely. I am afraid that more leeks will abandon cryptocurrencies and turn to A. This kind of selling will further increase the downward adjustment of cryptocurrencies.
There is no way. Although the cryptocurrency circle is constantly welcoming the release of liquidity, I, as an obvious value trough and price trough, obviously have more appeal to global investors.
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