$TAO Yesterday's cryptocurrency market plummeted, mainly due to four reasons

First, the geopolitical situation in the Middle East escalated, and the market's risk aversion heated up!

Second, the Fed's interest rate cut expectations were dashed!

Third, the three major U.S. stock indexes plummeted collectively, directly collapsing the cryptocurrency market!

Fourth, Bitcoin still has a week to complete the halving, and the good news has turned into bad news

Nearly one billion US dollars evaporated from the entire network. This is also reasonable.

The previous increase was too large, and the continuous fluctuations made no one willing to take over at a high level. The demand was insufficient, and the short forces were arranged in sequence, resulting in panic selling of funds by bulls, so there was this wave of decline.

But it doesn't matter, this is a risk and an opportunity. After killing the high leverage this time, a new stage has begun. Don't worry too much about the rise and fall. Only when it falls can there be room for rise, and the momentum of buying will be stronger. The market shows signs of inducing shorts. At this time, you can build long positions in batches and cover positions at low prices. Lay out long-term lines. It is bound to win.

The blogger recommends a new coin to a good friend, grab it and you will get rich KA IJU

"Monster No. 8" Kaiju is the first animation to be broadcast live on X (Twitter) globally. Dog Dad has announced that it is worth considering. The current market value is 10 million, the pool is locked for 100 years, and 10 times is the starting point. . .