#crypto2023 #BTC #ETH
Interpretation of 20230307 community disk
BTC reached a maximum of 22602 last night, and began to pull back from the 4-hour pressure level. It fell back to a minimum of 22320 and began to rebound. As of this writing, it is at 22435.
The market is currently cooperating with the U.S. stock market. Last night, the U.S. stock market opened 0.4% higher and then rose to around 1%. Then it began to correct and slowly fell. The Nasdaq closed down 0.11%, so the market also followed the U.S. stock market. However, the market did not The U.S. stock market is always linked to the U.S. stock market. The U.S. stock market can only serve as an auxiliary function. In many cases, the market does not follow the U.S. stock market.
The market continues to fluctuate and rise. If it does not fall below the new low of 22,000, hold on to the spot and wait for the end of the sideways consolidation to break through.
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