Hello, bosses
The situation is a bit uncertain. BTC rebounded to a small high of $66,000, but it almost fell below $63,000. What's going on?
Let's talk about the US first. The retail sales data in March exceeded expectations, which is a good thing. But at the same time, the US Treasury yield has also risen to a new high this year. This is no joke. It shows the purchasing power of consumers, but it also greatly reduces investors' confidence in the Fed's interest rate cut this year. The currency circle is confused by this kind of news!
Next, the matter of Israel and Iran. I heard that it might be a bit lively. There may be a big conflict in 3 days. I heard that Israel is ready to fight Iran, and even airlines have canceled flights to Israel. The Israeli Prime Minister also asked the defense leaders to make a strike list. This is not a joke! If the war really starts, BTC may fall to $60,000 again!
However, judging from the data, there is still some hope. Although stablecoins are pouring into exchanges, the outflow of BTC from exchanges has also increased, and not many people are pouring into exchanges. If Israel and Iran can suppress the powder keg, there is still hope.
Finally, let me talk about my situation. The spot I bought is still there, and it has fallen a lot. Then the two coins in the primary market I bought are also falling. There is one that many people should have seen and many people are pushing. Everyone has seen it more or less. Bosses who are interested can check it out. I hope the market will get better soon!
This article does not constitute any investment advice, and investment should be cautious!