It's late at night, the US stock market is closed, Wall Street elites are not working, regarding the evening market trends, Lao Jiu highlights a few key points to prevent anyone from missing out!
1. During the Asia-Europe trading session, Bitcoin experienced short-term fluctuations and declined, hitting a low near 96.4k before rebounding slightly, the trend is in line with expectations!
2. The weekend market is thinly traded, lacking liquidity, and without any sudden news impact, it is difficult to see large fluctuations!
3. The market is currently very concentrated, and there is still a demand for short-term adjustments; once it starts, it will be rapid; a brief correction is for better upward movement ahead!
4. With the price of Bitcoin reaching a new historical high, based on Bitcoin's current price of 97.3k, the company with the most Bitcoin holdings globally is MicroStrategy (a publicly traded company), with unrealized gains exceeding 16 billion USD.
As of November 22, 2024, they hold a total of 331,200 Bitcoins, with a total purchase cost of about 16.5 billion USD, with an average price of about 49,874 USD!