【Black Golden (BG) 0415 Daily Report】
The situation in the Middle East has once again caused the cryptocurrency market to experience pain. In hindsight, the choice to occur over the weekend was not a coincidence. The quick end over the weekend effectively avoided the volatility of risk assets, minimizing its impact on the global economy. It's a satisfactory outcome and timing for all parties involved. However, the cryptocurrency market has become a test. But without experiencing storms, how can we see rainbows? The expectation of the halving has supported prices, and fundamentals will drive it to new highs. Keep an eye on the volatility of the US stock market today.
Global BTC 10:00 (GMT+8)
(AI Black)
Futures Long-Short Ratio: 37%:63% (The ratio of long and short positions is high, but the actual short position volume is not large)
Spot Buying-Selling Ratio: 41%:59% (Retail selling predominates, causing some panic. Watch the performance of institutions today)
BTC: Weekend fluctuations do not affect the halving. This is precisely what the main force has taken advantage of. Getting off the train is a mistake. There's only one advice: buy, buy, buy! The possibility of a major correction after the halving is small.
ETH: Even if it falls below 3000, the rotational form of ETH remains incomplete, so it is still not recommended to buy.
