Overall Market View



As news catalysts intensify risk-averse sentiment, institutions are concentrating on rebalancing their positions, significantly narrowing the probability of an upside move. Bitcoin leads the major coins to collectively break down on the daily chart; this round of daily bullish structure has ended, and the market has entered a phase of bottom-searching. There is no rush to bottom-fish for now. Trading should mainly focus on shorting rebounds, using small long positions for trial and error, with strict risk management.
BTC-2.45%
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