This idea has been spinning in my head for hours, and I decided to say it out loud.
Recently, I saw a piece of news: Truth Social’s parent company holds 9,477 BTC, worth $5.57 million, and its Cronos position has also suffered a massive value drop.
This means the market’s bearish sentiment toward BTC may continue, because such a large holder can exert some influence on the market—especially while Cronos’s value continues to fall.
I noticed that BTC’s current price is $64,138.01, down 1.37% over the past 24 hours. Its highest price was $65,379.13, and its lowest was $63,806.27.
At the same time, ETH’s price is also falling—currently $1,880.32, down 1.97% over the past 24 hours. This could mean the entire market is in a downtrend.
Given these factors, my current stance is bearish on BTC and ETH, because market sentiment is poor and prices keep declining.
I will closely monitor market movements, especially the prices of BTC and ETH. If they continue to fall, I may increase my short position.
#加密货币 #看空 #BTC #ETH 💸
#市场分析 👍
Recently, I saw a piece of news: Truth Social’s parent company holds 9,477 BTC, worth $5.57 million, and its Cronos position has also suffered a massive value drop.
This means the market’s bearish sentiment toward BTC may continue, because such a large holder can exert some influence on the market—especially while Cronos’s value continues to fall.
I noticed that BTC’s current price is $64,138.01, down 1.37% over the past 24 hours. Its highest price was $65,379.13, and its lowest was $63,806.27.
At the same time, ETH’s price is also falling—currently $1,880.32, down 1.97% over the past 24 hours. This could mean the entire market is in a downtrend.
Given these factors, my current stance is bearish on BTC and ETH, because market sentiment is poor and prices keep declining.
I will closely monitor market movements, especially the prices of BTC and ETH. If they continue to fall, I may increase my short position.
#加密货币 #看空 #BTC #ETH 💸
#市场分析 👍