Let's break down this news:
① What happened: South Korea's KOSPI index closed down 3.65%.
② Why it matters: The news is somewhat negative. Sentiment and leveraged funds are likely to be affected first; the key question is whether selling pressure will persist.
③ What I'll watch: Whether the day's highs and lows are tested repeatedly, and whether the parties involved issue a response.
④ How to respond: Don't jump in yet. Wait for selling pressure to ease and the candlestick chart to stabilize.
Back to the market: $BTC is currently at 84000, up 1.1% over 24 hours, with an intraday range of 82975.37–84290.
Do you think the market has overreacted?
① What happened: South Korea's KOSPI index closed down 3.65%.
② Why it matters: The news is somewhat negative. Sentiment and leveraged funds are likely to be affected first; the key question is whether selling pressure will persist.
③ What I'll watch: Whether the day's highs and lows are tested repeatedly, and whether the parties involved issue a response.
④ How to respond: Don't jump in yet. Wait for selling pressure to ease and the candlestick chart to stabilize.
Back to the market: $BTC is currently at 84000, up 1.1% over 24 hours, with an intraday range of 82975.37–84290.
Do you think the market has overreacted?