It is normal for indicators to recover after a sharp drop, so there is no need to make a fuss! On August 2, the crypto market rebounded across the board.

This morning, many people woke up to find that their positions were gone. The contract market once again saw frequent liquidations, with both long and short liquidations continuing to occur.

Amid the curses and complaints in the market, Bitcoin broke through $65,000. There are many unexpected voices in the market at this moment. In fact, in the crypto market, there are only things that cannot be done, but nothing that cannot be expected. The recent trend once again proves that the crypto market is a news market, especially the crypto market under the new pattern in 2024. The emergence of spot ETFs, frequent unlocking, the rush of new coins online, and the delisting at any time, especially in 2024, the election year of the old Americans, the crypto market seems to be labeled with political labels, and the crypto market has broken the previous pattern. In the new pattern of the market, the moving average, K line, and cycle theory all seem to be nonsense in front of the news. So if you are struggling in this ups and downs of the crypto market at this moment, you should change your previous operating ideas, improve your cognition, pay attention to the changes in the news, and ambush in advance. If you are a novice, you don’t understand anything, please pay attention to Brother Wen, and send a private message to Speed ​​​​Enter the Planet to configure a reasonable position for you.