Since the currency circle is currently closely related to U.S. stocks, let’s take a look at the trend of U.S. stocks first. Market data shows:
As of the close of U.S. stocks on Monday, the S&P 500 Index, Dow Jones Index and Nasdaq 100 fell 0.90%, 0.5% and 1.5% respectively. This caused the three major U.S. stock indexes to fall to their lowest levels since November 10.
Let’s look at the market trend of Bitcoin. The trend of Bitcoin is basically consistent with the trend of US stocks. It began to fall on the 19th, reaching a minimum of $16,210 and then rebounded quickly. The current price is around 16,780.
From the 4-hour level, the price has fallen below the upward trend line and is still in the short direction.
The biggest advantage of the bear market is that it can make people sober The most promising BNB also fell in this way. Other coins have liquidity problems I remember I used to have a friend named Scavenger The name means that he specializes in picking up bloody chips. Today you can find a few coins that were wrongly sold in the market and try to rebound
Record the recent market conditions as a test post.
Since the currency circle is currently closely related to U.S. stocks, let’s take a look at the trend of U.S. stocks first. Market data shows:
U.S. stocks extended losses on Thursday as a fresh batch of data heightened concerns about an economic recession. The S&P 500 fell 2.5% on Thursday. The Nasdaq Composite fell 3.2%. The Dow Jones fell 2.2%. All three major stock indexes closed at their lowest levels since early November, with the benchmark 10-year Treasury yield falling to 3.449% from 3.503% on Wednesday.
Let’s look at the market trend of Bitcoin. The trend of Bitcoin is basically consistent with the trend of U.S. stocks. It broke through the $18,000 mark on the 14th, hit a maximum of $18,400 and then started to fall back. It is currently hovering around $17,000.