The biggest good news has landed, just like the end of an exam and the announcement of results. Everyone should sell what needs to be sold and withdraw what needs to be withdrawn. There is no bigger good news in the market than the reconciliation between China and the United States, so many people choose to take profits. However, selling aside, there isn't any particularly bad news right now, and a significant drop is hard to achieve. Bitcoin is holding strong at the 100,000 position, and below that is the 99,000 threshold. The issue of the Federal Reserve cutting interest rates is still uncertain, and the anticipated rate cut benefits that everyone was looking forward to are still nowhere to be seen. For now, there isn't a reason to continue speculation.
Tonight, the U.S. inflation data (CPI) will be announced. Many funds have withdrawn to observe, and it depends on whether the data is good or bad.
Currently, there are neither particularly bad news nor new good news to stimulate the market, so it is estimated that there will be back-and-forth fluctuations. I wonder if everyone has noticed that after Ethereum rose over 40%, positive voices in the market began to emerge, and comments optimistic about Ethereum also appeared. Therefore, don't be influenced by those public opinions; those people shout bearish when it drops and bullish when it rises, which is of no help to our operations, but rather a disaster. They either force us to cut losses or tempt us to buy more. Maintaining rationality and a certain level of independence is the key to defeating 80% of the people in the market.
I mentioned yesterday that I gradually reduced my position by 10% over the past two days because Bitcoin is facing pressure around 105,000 before reaching a historical high. Similarly, Ethereum's concentrated range of 2,600 dollars also faces pressure. As for what happens next, I remain bullish. The trade disputes have also eased, and unless there are other unexpected events in the short term, the market will follow its own rhythm. After an appropriate adjustment, it will continue to rise. Currently, this wave of adjustment is not expected to be too large. The probability of Bitcoin holding above 100,000 and Ethereum holding above 2,400 is relatively high.
In recent days, the news about Trump’s company issuing coins has been very controversial, but later media confirmed it was false news. Today there are rumors about Trump Points NFT market-related news. Once the market rises, they start to create these things, which is really a bit ridiculous. Previously, it was heavily drained by Trump, exacerbated by tariff impacts, causing the cryptocurrency market to hit a low point. If these people keep messing around, I suggest everyone to refrain from joining the excitement, as wealth opportunities are always pre-heated. There’s nothing much else to say; everyone just needs to manage their stop-losses well at this stage. For example, there has been a slight pullback from yesterday to today. For those without stop-losses, it’s best to stay still for now, waiting for target points while patiently awaiting the next opportunity for a rise. Be prepared!
Brothers, gather in the chat room:
