bitcoin and other cryptocurrencies

Perhaps, everyone still remembers the market fluctuation on October 8, and the short-term increase of 1000 points really shocked the market. However, the main reason is that the profit-taking disk has accumulated too much, and some institutions that have been locked in for three years have chosen to smash the disk at a high level, which has triggered a market correction.However, compared with that time, the current market environment has changed significantly. After nearly two months of shock adjustment, the market washing has been quite sufficient. From the technical point of view, the point continues to be under pressure from all moving averages, which just shows that the market is still in the chip cost area and has not formed an obvious upward trend. This long-term shock is actually accumulating strength for the subsequent rise.Market outlook: the market will be stable tomorrow, and the historical shadow will not reappear.

However, compared with that time, the current market environment has changed significantly. After nearly two months of shock adjustment, the market washing has been quite sufficient. From the technical point of view, the point continues to be under pressure from all moving averages, which just shows that the market is still in the chip cost area and has not formed an obvious upward trend. This long-term shock is actually accumulating strength for the subsequent rise.At present, the market has the potential to continue to rise. Although it may still face some fluctuations in the short term, on the whole, it is unlikely to be a one-day tour. Therefore, I suggest you keep confidence, treat market fluctuations rationally and seize the current investment opportunities.

Market outlook: the market will be stable tomorrow, and the historical shadow will not reappear.Perhaps, everyone still remembers the market fluctuation on October 8, and the short-term increase of 1000 points really shocked the market. However, the main reason is that the profit-taking disk has accumulated too much, and some institutions that have been locked in for three years have chosen to smash the disk at a high level, which has triggered a market correction.