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Both China and the US have mutually canceled 91% of tariffs. Do you think this is Favourable Information or Unfavourable Information, buddy? Or is it Favourable Information followed by a big pullback?
Let me first share my own view. Bitcoin has dropped from 95,000 all the way to 105,800. Personally, I believe that the big players have known about such tax news for a long time, so they kept pushing the price up until the tax information was released, then took the opportunity to make another push before dumping.
At this time, market sentiment is still strong, and there will be continuous buying on dips to push prices higher, while the whales continue to sell. I wonder how you buddy view it? #MOODENG & PI & GOAT大涨 #CPI数据将公布 #ETH近3日大幅上涨