#PEOPLE
《After covering the position ————People's position update》
The market is suppressed like a spring. Yesterday's decline seems to have squeezed the spring to the extreme. The big cake fell below 59,000, but the cottage we laid out did not have a big decline. In the early morning of today, it gradually recovered the decline of last night. Now the key position is around 62,400. There is a high probability that there will be a rebound.
Yesterday, the US stock Bitcoin ETF had a net outflow of 81.1 million US dollars, and the US stock Ethereum ETF had a net inflow of 3.0606 million US dollars. The overall US stock market fell more than it rose yesterday.
And People After reducing our positions near 0.07420, we added positions near 0.07010. Later, the momentum was adjusted strongly and we added positions near 0.07140. In yesterday's decline, the lowest price reached 0.06939, so we added positions again.
In today's rebound, we failed to break through the 4-hour pressure level near 0.078 and were beaten back. The upward momentum is still there. After reconsolidating and accumulating funds at this position, we will break through again. Now we set the position of reducing positions near 0.08390.