#BTC☀
《 Unemployment Insurance Data Alert — Beware of Trend Changes》
Bitcoin has also experienced repeated ups and downs today, without breaking out of the market, but the bottom has risen, with support around 71500, and resistance still needs to be watched at the 74000 level.
The number of initial jobless claims in the U.S. for the week ending October 26 was previously 22.7, with market expectations of 23, and the published value was 21.6, which is bearish for the crypto market but bullish for the U.S. economy.
The U.S. core PCE price index year-on-year for September was previously 2.7%, with market expectations of 2.6%, and the published value was 2.7%, which has little impact.
The net inflow of Bitcoin ETFs in the U.S. stock market reached $893 million, setting a new high compared to yesterday, with funds continuously flowing in. Once Bitcoin stabilizes, funds are expected to start flowing into altcoins, likely leading to a new market trend.
The market has reached a new height, presenting opportunities but also full of challenges. Whether altcoins will catch up to the heights of March during Bitcoin's 70,000 phase or whether they will follow Bitcoin and decline to new lows is full of unknown factors. It is crucial to manage your positions well at this critical juncture; ensure that you have assets to sell during rises and funds to buy during declines.
#BTC走势分析
#加密市场反弹
#山寨季何时到来？
#美联储何时降息？
《 Unemployment Insurance Data Alert — Beware of Trend Changes》
Bitcoin has also experienced repeated ups and downs today, without breaking out of the market, but the bottom has risen, with support around 71500, and resistance still needs to be watched at the 74000 level.
The number of initial jobless claims in the U.S. for the week ending October 26 was previously 22.7, with market expectations of 23, and the published value was 21.6, which is bearish for the crypto market but bullish for the U.S. economy.
The U.S. core PCE price index year-on-year for September was previously 2.7%, with market expectations of 2.6%, and the published value was 2.7%, which has little impact.
The net inflow of Bitcoin ETFs in the U.S. stock market reached $893 million, setting a new high compared to yesterday, with funds continuously flowing in. Once Bitcoin stabilizes, funds are expected to start flowing into altcoins, likely leading to a new market trend.
The market has reached a new height, presenting opportunities but also full of challenges. Whether altcoins will catch up to the heights of March during Bitcoin's 70,000 phase or whether they will follow Bitcoin and decline to new lows is full of unknown factors. It is crucial to manage your positions well at this critical juncture; ensure that you have assets to sell during rises and funds to buy during declines.
#BTC走势分析
#加密市场反弹
#山寨季何时到来？
#美联储何时降息？
