💪 The morning analysis is here, a new trading day opens a new week! 🔥🔥🔥
The lack of major institutions operating over the weekend led to low liquidity fluctuations, so all gains will not be significant. The non-farm payroll data released last week brought negative news, causing Bitcoin to continue its decline.
This morning, the Dow Jones futures in the US have expanded their losses to 0.7%, the S&P 500 futures also have a loss of 0.8%, and the Nasdaq has dropped by 1%.
Tonight marks the start of a new week for the US stock market opening, and the fluctuations in the US stock market have a significant impact on the cryptocurrency sector. Over the past few days, there has been a net outflow of 15,064.5 Bitcoins from exchanges!
Institutions continue to accumulate and stockpile, and this week's important news will be on Thursday when Powell speaks. This week's dynamics will primarily depend on the performance of the US stock market for trading decisions!
If you want to keep up with K's trading thoughts, I’m bringing you a comprehensive analysis of this week's news and technical aspects, allowing you to grasp the market direction. Speed up and Follow me! 🚀