Happy Weekend

#BTC☀

《Trend Changes — Current Market Analysis》

I recommend some cryptocurrencies that have relatively high cost-performance, good trends, and are quite strong. When buying, please control your position and avoid over-investing. Let's take a look at Taco's analysis of the current market and see if it makes sense.

First, from the perspective of Bitcoin's trend, after touching the resistance around 86500 yesterday, it began to pull back. The 4-hour chart has stabilized around the support near 84000, and from the daily chart, Bitcoin is at a critical point of oscillation and correction. There is still a possibility of another dip during this process, which poses a potential risk.

On the last working day of last week, the net outflow of funds from the Bitcoin ETF in the US stock market was halted. Additionally, as the overall altcoin market did not experience significant declines when Bitcoin and Ethereum plummeted, market sentiment for bottom-fishing is high, which presents an opportunity.

While there are both risks and opportunities, a reasonable and planned buying strategy has become a relatively low-risk opportunity at present. Based on Bitcoin's future market outlook, we will plan the next steps to ensure that we have assets to sell when the market rises and funds to reinvest when the market corrects. This is a comfortable state at the moment, and I also wish everyone a pleasant weekend.


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