First, let's answer the fans' questions: The fluctuations of $BTC and $ETH are entirely determined by the Americans. How can we pay attention to market trends and judge when to increase positions, buy, or sell?
Answer: The mainstream trading pair in the crypto market is USDT, but American investors prefer to deposit and withdraw using USDC. Therefore, the price fluctuations of USDC can indicate market trends:
1. If there are increases in positions or if there is a scheme to buy low, a clear indication would be selling USDC to buy USDT, which would cause the price of USDC to drop, and there is a high probability that BTC and ETH will rally, thus increasing.
2. Conversely, if USDC rises, it likely indicates that bearish sentiments are brewing or that there is a significant sell-off of BTC and ETH.
While reviewing the market, I suddenly discovered a problem:
The gap at the bottom of ETH around 1775 dollars (yellow) has already been filled, and there are still two gaps left in the short term. If you, like me, bought ETH at the 1800 position on April 5th and did not make any moves in between, just holding on, then congratulations, you have now broken even.
The recent gap for BTC is between 91970 dollars and 92525 dollars below. Gaps are a matter of speculation, but so far, all short-term gaps for BTC have been filled.
We have gone through the worst times, and the macro environment has now recovered. Once the market continues to adjust and fully restores confidence, the trend will begin to change from a rebound to a reversal.
