sun
Post
招财进宝hz
·
--
BullishToday, the focus is on observation!!! Protect the principal and buy the dip next week!
The macro main line is tightening again, and the market is re-trading the rising oil prices + high interest rates for a longer time. With the situation in the Middle East becoming tense again, oil prices are rebounding, while the US dollar is strong and global stock markets are under pressure. This is not a good environment for the cryptocurrency market because BTC and ETH are still mainly priced according to risk appetite and liquidity.
Crude oil remains the most important external variable today. Several energy executives at CERAWeek warned that supply pressures from disruptions related to the Strait of Hormuz may not be a short-term issue. As long as oil prices remain high, the market will continue to trade with re-inflation + higher interest rates for longer, which will create pressure on BTC, ETH, and gold.
$XAU $BTC
The macro main line is tightening again, and the market is re-trading the rising oil prices + high interest rates for a longer time. With the situation in the Middle East becoming tense again, oil prices are rebounding, while the US dollar is strong and global stock markets are under pressure. This is not a good environment for the cryptocurrency market because BTC and ETH are still mainly priced according to risk appetite and liquidity.
Crude oil remains the most important external variable today. Several energy executives at CERAWeek warned that supply pressures from disruptions related to the Strait of Hormuz may not be a short-term issue. As long as oil prices remain high, the market will continue to trade with re-inflation + higher interest rates for longer, which will create pressure on BTC, ETH, and gold.
$XAU $BTC
