8.6 Market Analysis 📈
Market Dynamics: Yesterday, we experienced the largest weekly decline since the collapse of FTX, but today's market has begun to rebound.
Yesterday's reminder review:
Close to the bottom support of the previous round, panic selling is coming to an end. Call on everyone to stay calm, avoid blindly cutting losses, and respond rationally to market fluctuations.
Risk Warning and Strategy:
Risks have been reminded many times before. Please be cautious in chasing highs during the current rebound phase, especially for non-empty investors. This week, we need to pay attention to two potential negative factors: the release of the transfer of Mentougou tokens and the development of the situation between Iran and Israel.
Analysis of bullish factors:
Expectations of interest rate cuts: There may be three interest rate cuts this year to inject liquidity into the market. Loose policy: Large-scale monetary easing is expected to be implemented next year to boost market confidence. Policy benefits: The US government is considering adjusting its cryptocurrency policy to provide stronger support. Technical preparation: BTC and ETH have experienced three months of deep turnover and washout, and are ready to go.
Investment advice:
For investors with financial preparations, it is recommended to take advantage of the callback opportunity to build positions in batches and participate in the market with the average cost method. Keep your composure. This is not the beginning of a bear market. Avoid being swayed by market sentiment and stick to your investment strategy.
