$ETH Bill vote failed, which triggered a direct waterfall. However, the funds below still managed to absorb the shock and immediately bounced back.
Now, the long and short sides are still fighting around the 2400 level, while BTC is constantly tugging around 76000.
The situation is indeed not optimistic. The sharp surge last month was very possibly due to institutions grabbing liquidity early in anticipation of the bill’s approval.
But now that the approval has failed, it means an indefinite delay, which may cause funds to pull back. Let’s see if they can hold through tonight.#比特币跌至7.6万美元
Now, the long and short sides are still fighting around the 2400 level, while BTC is constantly tugging around 76000.
The situation is indeed not optimistic. The sharp surge last month was very possibly due to institutions grabbing liquidity early in anticipation of the bill’s approval.
But now that the approval has failed, it means an indefinite delay, which may cause funds to pull back. Let’s see if they can hold through tonight.#比特币跌至7.6万美元
