Answering fan questions: The rise and fall of BTC and ETH is entirely determined by Americans. How to pay attention to market trends and determine when to increase positions for buying or selling?
Answer: The mainstream trading pair in the crypto market is USDT, but American investors prefer to deposit and withdraw using USDC. Therefore, fluctuations in USDC prices can indicate market trends:
1. If increasing positions or engaging in shady practices to buy, the obvious sign is selling USDC to buy USDT. The price of USDC will decrease, and BTC and ETH are very likely to rally, thus increasing in price.
2. Conversely, if USDC rises, it likely indicates that bearish sentiments are brewing or that there is significant selling of BTC and ETH.