I just finished checking my phone, and the frying pan is on fire. Let me share my personal views on the overall market crash.
The DPI data exceeded expectations by 2.5%. Well, there’s nothing we can do; this kind of news is truly unpredictable. I believe everyone is going long in this market, including myself, and that wave almost led to liquidation.
I knew that when the beautiful country over there notified us, it definitely wouldn’t be good news. Less than half an hour after the announcement, Ethereum dropped 300 points. It’s outrageous; normally, this would be at least three days' worth of volume. To be honest, no one can predict these news events; it’s not up to us. I hope that after this wave, we can smoothly break through the historical high. #美国7月PPI年率高于预期