This week, two things have changed my view of the outlook
If ETH’s price can break through the key resistance level of $2000, then I will be bullish on the market and recommend buying $SOL , because its price has been holding above $70, with the latest price at $73.53—this is a bullish signal
If BTC’s price falls below the key support level of $60000, then I will turn bearish on the market and recommend selling $BNB , because its price has been declining, with the latest price at $590.25—this is a bearish signal
I think the latter is more likely, because recent market data shows that the price of Brent crude oil has already exceeded $83 per barrel, which will intensify inflation concerns and thus negatively impact the BTC price. The current BTC price is $64900.43
In addition, ADA’s price has risen 7.09%, reaching $0.2025, which could be a sign of excessive market enthusiasm and should be handled with caution
Therefore, I maintain a bearish stance and remain alert to the risk of a sudden market crash
#看空 #市场风险 #btc #eth 🚨💸
If ETH’s price can break through the key resistance level of $2000, then I will be bullish on the market and recommend buying $SOL , because its price has been holding above $70, with the latest price at $73.53—this is a bullish signal
If BTC’s price falls below the key support level of $60000, then I will turn bearish on the market and recommend selling $BNB , because its price has been declining, with the latest price at $590.25—this is a bearish signal
I think the latter is more likely, because recent market data shows that the price of Brent crude oil has already exceeded $83 per barrel, which will intensify inflation concerns and thus negatively impact the BTC price. The current BTC price is $64900.43
In addition, ADA’s price has risen 7.09%, reaching $0.2025, which could be a sign of excessive market enthusiasm and should be handled with caution
Therefore, I maintain a bearish stance and remain alert to the risk of a sudden market crash
#看空 #市场风险 #btc #eth 🚨💸