The equally negative geopolitical crisis caused a drop of less than 1% in SPX, but a drop of nearly 5% in BTC and a drop of 8.54% in ETH, not to mention the fact that traders and speculators were more involved in altcoins and MEME coins.

Maybe a 1% drop is just a drop in the stock market. Even without leverage, 200 missiles have completely different strike capabilities against traders' accounts. Recently, cryptocurrencies with high attention have seen a daily drop of more than 10%;

This is because most cryptocurrencies are markets based on emotions, not on the real world. Therefore, in the currency circle, before and after major data and bad news appear, the first choice is to leave the market and wait and see, and then re-enter the market according to changes in market sentiment;

If you choose to short or bottom-fish at such moments, in most cases you will be killed by a 20% fluctuation in a single day, either a liquidation or a deep trap, but most people prefer to use leverage to play copycats and MEME, which is why trading is no different from gambling at this time;

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