The world is full of coincidences, which makes people feel even more weird. Two weeks ago, the trendsetters in the cryptocurrency circle bought a large amount of BTC, and then some whales followed suit, which stirred up the calm lake in the cryptocurrency circle. A week later, the lake returned to calm again. A weekend that should have been dull was stirred up again. The war in the Middle East was raging, and the Israeli-Palestinian conflict officially began. DXY, which was about to reach its peak, was pushed to a high point again by the war, and oil and gold prices also rebounded rapidly.
For BTC and ETH, I personally think that the US market trend on Monday and Tuesday is crucial. Jews on Wall Street occupy half of the market. Are they fleeing from safe-haven inflation assets or risk assets? If they are fleeing, where will the funds flow to in the future? We need to seriously understand the macro fundamentals, which determine the direction of the general trend. This Thursday's CPI may be another turning point (although this year's CPI data has no impact on the currency circle, whether Zhuang will use this to make trouble, we have to be on guard).
Today's strategy: Wait for the US action at 16:00 in the afternoon before making a judgment. Personally, I prefer to try shorting at 28776, cover at 29100, and cover again at 30180. Reasonable position management is the key to success!
Note: The impact of the war on the cryptocurrency world is still crucial, and whether the war will escalate remains to be seen.
