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Evening Analysis: Bad News Won’t Trigger a Drop—The Market Will Rise Soon
Today, various negative messages continued to come out in the market, but the anchor price did not fall significantly. The bulls’ continuation and support is showing great stability. The pullback’s magnitude has been steadily narrowing, which is enough to show that the impact from the negative news is gradually weakening. If positive news appears later, the market is very likely to see a strong rally.
When it comes to trading, you must control your position and strictly implement risk protection.
Trading suggestions:
Go long on Bitcoin in the 75,700～75,900 range, with a target of 76,700-76,800
$BTC $ETH $DOGE #比特币现货交易量新低 #加密市场小幅下跌 #Strategy吸筹速度超挖矿两倍