When I was doing homework today, I could feel that my friends were in a bad mood. The market, which had just started to improve, was suppressed because of the war. However, Friday's non-farm data will be more important. It will be unclear whether it can ease anxiety or add to the trouble. The unemployment rate is the most important data, followed by employment and wages. It is already good as expected.
I know many of you are asking about the strike. At the moment, the strike at the dock is not a big problem, but if it is not resolved for a long time, it will still have a big impact. According to the remarks made by Fed's Goolsbee, retailers have begun to stockpile goods. If it is not resolved in the next week, some price increases are very likely.
The war seems to be intensifying. For data on this, just look at the price of oil, especially the price of US oil. If it is still rising, it means that the conflict of the war is still intensifying. It is okay in the short term, but it is a factor that pushes up inflation in the long term. It is too difficult to copy a coin. Tomorrow, the Hong Kong stock market will make many friends worry again.
Judging from the data of #BTC, the continuous decline in prices, especially the periodic drop below $60,000, has caused short-term holders to sell off a large number of their holdings, especially investors with short-term losses are leaving the market at an accelerated rate, while profitable investors remain indifferent. This is not the first time, it has been said many times that low prices have made it difficult for long-term holders to hand over their chips, and more BTC continues to move towards long-term and high-net-worth investors.
The current support level is still being re-established. Although there have been a lot of sell-offs at the old support level between $64,000 and $69,000, they were basically short-term holders. The current holding data is still higher than two weeks ago. As long as there is no panic selling at this position, the possibility of a price rebound is still very high.
The data has been updated, address: https://docs.google.com/spreadsheets/d/1E9awSVwrVOxKOiaMdYT5YZvfveeFd9ENU-iO6dVcGj0/edit?usp=sharing
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