☕☕8.2 Accurate Market Analysis
Good morning, brothers, the market continues to decline.
Many brothers are asking: Can we buy the dip? Let's analyze it.
After the non-farm employment data was released yesterday, the expectation of interest rate cuts increased, leading to a brief rebound.
But unexpectedly, Trump immediately threw out two pieces of bad news:
(1) He said the non-farm data was fake and fired the head of the Labor Department
(2) He said Russia was provoking and sent two nuclear submarines over
Last night, US crypto stocks dropped more than altcoins,
COIN plummeted 16.7%, and VAPE fell over 20% again.
This morning, BTC briefly fell below $113,000.
In the past 24 hours, 200,000 people were liquidated across the network,
Expert Arthur Hayes sold 2,373 ETH in the last 6 hours,
"Brother Ma Ji" added to his long position in the early morning and then cut losses,
Overall losses expanded to $18.5 million.
Institutions are off work for two days over the weekend,
You can buy the dip, but do it in batches to prevent a drop below $110,000.
After this round of correction, the long-term outlook remains bullish; remember to allocate to BTC.
