With Binance reaching an agreement with the SEC to "fully migrate US customer funds and wallet keys back to China", the market has also brought a wave of pull-ups, breaking the situation of no market on weekends during this period. At present, this wave of pull-ups is very unreasonable, although the cryptocurrency circle is not a reasonable place! So do you think the bull market has really started?
Let's take a look at today's trading volume: from 11:00 am today, the spot trading volume was 800 million, and the contract trading volume was 10 billion. The trading volume has returned to the normal trading volume in the past two months. However, it should be noted that the trading volume is mostly concentrated in the early morning, and it is also necessary to pay attention to the trading volume during the Asian trading hours. Compared with the previous trading volume, yesterday's trading volume has been higher than the past two months.
BTC26800-27000 is the longest consolidation stage in recent years. There are many chips here. If it rises to this position, then you need to be prepared to ship. At present, the most sentiment is the bullish sentiment of bottom-fishing, and the bullish conditions are not met. Then, when the bullish sentiment is not high, the market is still pulled up as usual, which makes people think about it! At this moment, there is a high possibility of another big reversal at this position. If there is another big crash, how many people can still hold on? There are still several short pressures that have not been released, which must be prevented!
At present, the bull market has not arrived, and the bear market has not gone! You should be cautious when buying and selling contracts. When you cannot accurately judge the market, it is best to wait and see, and don't rush to make a move!
