Good morning, brothers. Here is an analysis of the entire market. Analyzing the big cake is equivalent to analyzing the entire market.
The trend of the big cake in the past few days has made people feel nervous. The main force's thoughts are too obvious, but many people are still kept in the dark! Will it take the step of rising without recognizing relatives next? Whether you are full or short, I will give you a clear answer. I will not be verbose during the trading session and get straight to the point:
1️⃣ After the continuous rise, the big cake continues to fluctuate around 63k. Don't panic. This fluctuation is to keep the market divergent, because the market is always developing in the divergence.
2️⃣ Now it is a test for both long and short parties, but the test for the shorts is greater, because once they rise later, they will be completely pressed to the ground by the longs.
3️⃣ The fluctuation will end soon and continue to rise gradually. The daily trend has broken upward, and the ancient giant sun will appear at any time. Please be more patient. We continue to be firm in bullishness and do not waver in long positions.
On the news side, the U.S. Securities and Exchange Commission (SEC) has taken action against cryptocurrency trading platforms again! The news that the SEC sent a Wells notice to Robinhood shocked the market, causing a short-term drop of more than $2,000.
Coinbase, a well-known cryptocurrency exchange, and its CEO Brian Armstrong are facing a new class action lawsuit alleging that investors were deceived into buying securities and claiming that the company's business model is illegal.
U.S. stocks closed mixed on Tuesday. The Dow Jones Industrial Average closed higher for the fifth consecutive trading day, setting a record for the longest winning streak since December. U.S. Treasury yields fell. The market continues to pay attention to the Federal Reserve's monetary policy and the financial reports of related technology giants!
Risks and opportunities coexist in the currency circle. If you haven't found the right team and leader, you might as well contact Caishen through Caishen's homepage. Free dry goods and benefits will be shared with you. Remember, opportunities are always reserved for those who are prepared.
