Phyrex
Phyrex|Feb 15, 2025 18:44
The weekend homework is as simple as today's prices, there's not much to write about, after all, it's already garbage time, and there hasn't been much important macro data recently. The core PCE is until the end of the month, and there's no Federal Reserve interest rate meeting in February, so there's almost no expected negative news in the near future. On the contrary, there are still some positive expectations at the policy level, as we are still in the early stages of the new government and have some expectations for the implementation of the terms. Therefore, if there are no clear negative factors during this period, it is not easy to steadily fall below the support level of $93000 to $98000. However, the upward trend still feels "bad breath", so it is better to continue watching the fluctuations of the garbage time for now. I originally thought that if the mood was good over the weekend, I could make a short-term move. However, now it seems that I may have overthinked it. The time for positive emotional reactions is getting shorter and shorter, not only for Bitcoin, but also for the Meme market. Investors' patience is also decreasing. Looking back at the data of BTC itself, it is expected that the turnover rate will continue to decrease compared to Friday. The turnover rate on Sunday will be even lower, which also indicates that investors' buying and selling sentiment will gradually synchronize with garbage time, and their reaction to positive and negative information will become lower and lower. Finally, they will wait for a "big" one to choose their direction. Data has been updated, address: https://docs. (google.com)/spreadsheets/d/1E9awSVwrVOxKOiaMdYT5YZvfveeFd9ENU-iO6dVcGj0/edit? usp=sharing This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex
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