A rebound is normal; a downtrend often involves a lot of short covering and closing positions, leading to passive buying and an increase in price. Pay more attention to #比特币ETF单日净流出7272枚 . Currently, there are no institutional buy orders in the market. Over the weekend and during Beijing daytime hours, institutions rest, liquidity is low, making rebounds easier. At present, there is no significant volume-driven upward movement, so chasing highs is not recommended.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned