Recent market view Rational: short-term rise Subjective: wait for a big correction The market has been fluctuating at a high level until now. In the early stage, it was indeed distributed at a high level, and then it went out of a high downward trend. Since the successful breakthrough of 60500, we have observed a strong and powerful breakthrough rise at the end of the rising channel. And with the decline in liquidity, contracts dominate the market, and the correlation between altcoins and $BTC continues to decrease. My rationality tells me that this is bullish. Including yesterday's last statement, it is still bullish after a short-term retracement. But the point that I can't figure out is: the stock washing before this round of rise was not sufficient. Can it be completely dependent on the US ETF to pull the market to a new high? In this high range, the Federal Reserve has already absorbed a lot of stocks and has a high control rate? Another point that I can't figure out is that although I am firmly bullish on BTC in the long term, the expectation of a recession in the United States is visible. After Trump's election, did BTC rise all the way, or did it fall first and then rise with the recession? All the nodes are stuck in the election. Before the election, below 62,000 is weak. 62,000-66,000 is balanced. If it stands at 66,000, I will increase my position.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.