The fundamentals of the market in the last two days
Last night, the lawsuit between #Xrp and Sec was temporarily concluded, and the fine was 125 million US dollars, which was lower than the expected amount. It rose rapidly due to the news.
Yesterday, Bithumb announced the launch of#ioKorean won trading, which rose rapidly due to the news
Today,#Binanceannounced that it will launch #TON spot trading, which rose rapidly due to the news
In addition, this week, there will be eight projects facing large unlocking.
The overall market situation is currently biased towards a safe period. After all, the short-term trend of the market is currently strong, but the possibility of early shipment in the morning cannot be ruled out, because from the perspective of the daily trend of the market, the overall tendency is more likely to fluctuate widely. The current range of fluctuations can be summarized into two intervals, the previous low is around 58K and the previous low is around 61K.
For the future market, the monthly K closing line remains above 60K and maintains the original view to continue to look at the bull market trend this year. In the short and medium term, the market needs to play through shocks, and the next market trend will emerge only after the fluctuations gradually narrow.
