The market is very unusual, having been breaking through for several days but failing to go up.
If Monday was due to MicroStrategy selling coins, then what about Tuesday? Despite continued heavy ETF buying last night, it still failed to break through. On Wednesday daytime, the US launched a new round of strikes against Iran, and the market immediately pulled back. Tonight there are the Fed meeting minutes, and the President might say something again. Tomorrow Thursday is CPI, which will determine whether inflation continues to decline. As long as this issue is not settled, risk assets like BTC, ETH, and US tech stocks will have to follow the macro trend.
The market is very unusual, having been breaking through for several days but failing to go up.
If Monday was due to MicroStrategy selling coins,
then what about Tuesday? Despite continued heavy ETF buying last night, it still failed to break through.
On Wednesday daytime, the US launched a new round of strikes against Iran, and the market immediately pulled back.
Tonight there are the Fed meeting minutes, and the President might say something again.
Tomorrow Thursday is CPI, which will determine whether inflation continues to decline. As long as this issue is not settled, risk assets like BTC, ETH, and US tech stocks will have to follow the macro trend.