Phyrex
Phyrex|Apr 06, 2025 19:43
BTC fell 5.5%, ETH has fallen by over 10%. There is no clear bearish sentiment, and the trading volume is not high. It is not like institutions smashing the market, but more like short-term hedging. Perhaps due to the expected release of sentiment in response to the tariffs imposed by Europe and the United States on Monday, there was no major panic on the chain, the structure was not disrupted, and more was sold on the exchange's memory. If US stock futures continue to weaken tonight, the Asian market may experience a relay panic, but as long as there is no economic recession, I believe 70K is still a reasonable support. I will continue to buy at the bottom this round, but I will be cautious and wait for the implementation of tariffs and GDP data before making a decision to increase my holdings. When there is no reason for a decline, it is actually the most worth paying attention to. PS: In the future, I will use Chatgpt to make a simplified summary after every long article. I hope it can be helpful for those who don't like to read long articles. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex
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