If it weren't for understanding the background of the THE project team, I would have really believed you THE's backing is Binance, how do you think it will perform?
ADA has broken through There is still a lot of room above Ambush first and take a bite Lay the foundation and then turn it up! BTC ETH XRP DOGE #比特币打破感恩节魔咒 #山寨币走势展望 #市场回暖新机遇 #以太坊时刻到来?
At present, the trend of the big cake is to push up one or two hundred points every day, and then make a small correction, so 68600 is the highest point today and tomorrow. The US stock market is closed on weekends, and it is unlikely to set a new high. Because the strong pressure level of 70000 points is above, it is difficult to break through without sufficient funds and trading volume. The daily level is still upward in general, there is no doubt about this, but it may be corrected at any time, and it is also normal to drop one or two thousand points.
To be honest, the current market situation is unclear, neither going up nor down. In this case, you must keep a light position or short position and wait until the trend becomes clear before intervening.
$BTC From the monthly line, BTC is currently in a high-level oscillation period. If it wants to get out of the halving market, BTC needs another big correction. It will be possible to have a big bull market if it pulls back to at least around $30,000. In March 2021, BTC hit a high of $64,000, then pulled back 60%, rebounding to around $28,000. In November 2021, it hit a high of $69,000 again, and then continued to pull back for a year. In December 2022, it pulled back to around $17,000 before bottoming out and rebounding. Then it has continued to this day, a bull market that lasted more than a year and a half. This wave of market has accelerated since January this year and is currently at the tail end of the market. It is not ruled out that there will be a few more waves, but the probability is that they are all falling rebound waves. The monthly line in the past six months has generally been a gradual downward trend. If the Fed's policy is effective, this wave of decline may be seen as accumulating momentum for the bull market. If the Fed insists on not cutting interest rates, then this wave of decline will gradually turn into a deep correction, which may last at least half a year.