Market correction, is your Bitcoin and Ethereum trapped??
Currently still in a relatively volatile stage
Short-term trend: From the recent price movements of Bitcoin, the market is in a relatively volatile phase. Prices are fluctuating within a certain range but have not shown a clear upward or downward trend.
Mid-term trend: In the mid-term, the price of Bitcoin may be influenced by various factors such as the global economic environment, regulatory policies, and market sentiment. For example, factors like global economic recovery, policy easing, and increased confidence from retail investors in the cryptocurrency market may drive Bitcoin prices up. Conversely, factors such as global economic slowdown, tightening policies, and low market sentiment may lead to a decline in Bitcoin prices.
Long-term trend: In the long run, as a decentralized and scarce digital asset, Bitcoin's intrinsic value will gain more recognition from large investors and institutions.
Overall, holding long-term is not a big issue, while short-term traders may consider cutting losses and avoiding holding on to positions. Currently, Bitcoin has not shown significant movements, but Ethereum's performance is concerning. It is predicted that there will be a significant market movement in the coming days.
Short-term traders are advised to go long on Bitcoin and short on Ethereum.
If you are unable to see light in the market and don't know how to delve deeper into the space, leave 999 in the comments, and I will share the password to advance with you!!
