$FIDA
The overall impression given by the current market is that its bottom seems to have been firmly above 60,000 points, although the recent upward trend is neither strong nor weak, and the bullish power at the high has weakened significantly. It is worth noting that in recent months, the market has shown a high degree of sensitivity to the external environment and the characteristics of following the trend, which is specifically reflected in the significant reduction in trading volume on weekends.
Among the many altcoins, fida and fio have performed particularly well recently. As a pioneer, Fida not only started the business the earliest, but also achieved the highest trading volume. Subsequently, fio also joined the rise, and both achieved significant gains of more than 100%. However, during the callback phase, fio's K-line trend was significantly more stable and better than expected. Therefore, I adjusted my position and increased my allocation to fio.
As for when the market will usher in a strong upward trend, this largely depends on the performance of U.S. stocks after the opening tomorrow night. If U.S. stocks can drive a strong positive line in the digital currency market, the market may usher in new upward momentum. On the other hand, if the U.S. stock market fails to boost market sentiment as expected, the digital currency market may continue to maintain the current volatile pattern for ten days and a half or even longer.
Let us look forward to and work hard together, and hope that the market will turn around soon!