Brothers, good morning 🌞🌞 Let's analyze today's market
Since the end of the conflict, the market has been calm. Bitcoin remains as stable as ever, but altcoins have started to decline, mainly because this rebound is largely driven by Bitcoin's rise.
Currently, the main concern is that BTC has been hovering at high levels. If the next wave of decline occurs, it might negatively affect altcoins, so large holders and project teams of altcoins are starting to sell.
Many institutions and large holders are currently buying BTC, and the White House has also released news that the U.S. is working on building a strategic BTC reserve.
Data will also be released today; the U.S. core PCE price index will be announced at 8:30 PM. Less than 2.6% is favorable, otherwise, it will be unfavorable.
A big move is coming soon; the bull market feels increasingly close, strong recovery, and assets doubling! Stay close to Brother Bao, layout in advance, and easily reap big profits.
