Cousin CZ finally regained his freedom, but BNB did not surge as expected
Yesterday, CZ, the head of the world's top exchange, ended his prison life. After this official news came out, the market originally expected that the relevant sectors would usher in a sharp rise. However, the facts were beyond everyone's expectations. The market reaction was flat, and CZ simply issued a "GM" (here "GM" may have a specific meaning, but I am not sure).
Previously, the market generally expected that CZ's return would be good news for the BNB currency, and even I was almost affected by this expectation. However, reality slapped the faces of those prophets. BNB did not rise sharply, but fell slightly. This undoubtedly gave the market a vivid risk education lesson.
Immediately afterwards, CZ's partner He Yi also released the same "GM" news, but I don't know what magic this news has and whether it can drive the market. Because I don't often participate in this kind of transactions, I don't know much about it. If there are friends who know the business, please answer me in the comment area.
Let's talk about today's market. Yesterday, the price of Bitcoin fluctuated slightly, showing a slight downward trend. Judging from the K-line chart, the one-hour trend is relatively stable and may rise in the future.