crypto青青
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3.11-3.16 BTC/ETH Weekly Report Dispatch!
First, let me state my conclusion: I expect BTC to drop then rise next week, while ETH will continue to look for new lows.
Weekly Summary
This week, Bitcoin performed relatively well. As of 9:30 AM today, Bitcoin is reporting a bullish candlestick for the week, rising from just above 80688 at the opening to the current 84140, with an increase of 3450 points that completely covers Monday's decline. However, don't rush to heavily invest—this rebound merely restores 50% of last week's sharp drop.
The Sunday plunge last week, which accelerated the decline, can definitely be attributed to market factors, but the comments from the leader must take the blame! During a program interview on March 10, he said, 'The US economy needs a transition' and 'Tariffs cause short-term pain for the public,' which led to Bitcoin plummeting 10% in two days!
Weekly Summary
This week, Bitcoin performed relatively well. As of 9:30 AM today, Bitcoin is reporting a bullish candlestick for the week, rising from just above 80688 at the opening to the current 84140, with an increase of 3450 points that completely covers Monday's decline. However, don't rush to heavily invest—this rebound merely restores 50% of last week's sharp drop.
The Sunday plunge last week, which accelerated the decline, can definitely be attributed to market factors, but the comments from the leader must take the blame! During a program interview on March 10, he said, 'The US economy needs a transition' and 'Tariffs cause short-term pain for the public,' which led to Bitcoin plummeting 10% in two days!
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