I said in yesterday's homework that the negative impact of local wars will definitely be affected by today's non-farm data. As a result, today's non-farm data significantly exceeded expectations. Although everyone is questioning the data from the Bureau of Labor Statistics, data is data, and the impact on user sentiment is the most direct. Therefore, the US stock market has risen well, and driven by the US stock market, the rise of#BTCand cryptocurrencies is also good.

Therefore, the current cryptocurrency market relies on the US macro-economy. Whether it is recognized or not, this is an unchangeable fact. Therefore, the conversion of US monetary policy applies to both US stocks and the cryptocurrency market. This is the change brought about by the trend. The current trend is to transition from monetary tightening to monetary easing. There may be pitfalls in the middle, but the result must be easing.

Looking back at the data, when the market is rising, the turnover is always lower and there is little panic caused, but when the market is falling, it is very easy to cause panic among short-term investors. Therefore, the focus of today's selling is still on short-term profit-making investors, that is, the investors who bottomed out yesterday, who left the market the most today. Short-term users are now the most direct, they bottom-pick, run when the market goes up, and cut their losses when the market loses money.

As for the earlier investors, there is still no obvious change. We should get used to this data. Before the price breaks through $70,000 again, there will probably not be much change among the earlier investors. I have said it countless times and I will say it again: low prices can no longer make long-term holders hand over their chips.

The issue of support is also discussed every day. It is obvious that investors between $64,000 and $69,000 show no signs of further exiting the market. The dense chips at this position are still very stable, and the impact on prices will be very low.

The data has been updated, address: https://docs.google.com/spreadsheets/d/1E9awSVwrVOxKOiaMdYT5YZvfveeFd9ENU-iO6dVcGj0/edit?usp=sharing

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