The market has exhibited a rather fierce trend.

On one hand, the futures market is quite unhealthy, while on the other hand, the spot market is continuously buying. This has resulted in the 2 billion USDT injected last night only pushing the market up three points before it fell back down.

At ten-thirty in the evening, when the US stock market opened, Coinbase saw an enormous amount of spot buying. Americans were buying spot without regard to anything, but there are too many high-leverage long positions in the futures market, which has led to a continuous series of false breakouts. Generally, the market tends to decline after US stock market closes.

However, USDT continues to be issued, and after last night's futures market was restored. Costs have decreased, and positions have decreased. Therefore, I personally lean towards another wave of upward movement. #比特币ETF期权上线