Notice
The risk of Bitcoin callback has not been eliminated.
The 12-hour level is diverging.
All indicators at the daily level are trending downwards.
Ethereum has started to strengthen again.
Each time Ethereum strengthens, the probability of Bitcoin weakening increases. And Ethereum can spike and weaken instantly.
Altcoins have started to decline again, which can be seen as a barometer!
The US dollar index has reclaimed after losing 100, which is definitely a pressure for Bitcoin. After all, Bitcoin rose earlier. There is a part of the relationship with the decline of the US dollar index.
In addition, the non-farm data is bearish. I don't know why many people interpret it as bullish. Traders have reduced the number of rate cuts by the Federal Reserve this year. I don't see where the bullishness is.
Overall, conservatively estimating, it is a wide-ranging volatile market.
