The market sentiment has indeed been very cold recently. Yesterday, the US October inflation data was released, with increases exceeding market expectations, further heating up the possibility of a Fed rate hike in December. 😮💨
Tech stocks led the decline, ETF funds also saw outflows, and many friends in the group have become more cautious in their trading.
$BTC is currently fluctuating between 73,000 and 75,000 USD, once dropping below 74,000. The key support level is near 73,000, and if it doesn't hold, it may continue to decline.
$ETH has fallen more noticeably, retreating to around 2,000 USD, with the 2,000 round number becoming an important immediate support. Both ETFs have seen continuous net outflows recently, showing a clear cooling of market enthusiasm.
The market naturally goes up and down; only by maintaining a good mindset can one better seize opportunities in the crypto market.
Tech stocks led the decline, ETF funds also saw outflows, and many friends in the group have become more cautious in their trading.
$BTC is currently fluctuating between 73,000 and 75,000 USD, once dropping below 74,000. The key support level is near 73,000, and if it doesn't hold, it may continue to decline.
$ETH has fallen more noticeably, retreating to around 2,000 USD, with the 2,000 round number becoming an important immediate support. Both ETFs have seen continuous net outflows recently, showing a clear cooling of market enthusiasm.
The market naturally goes up and down; only by maintaining a good mindset can one better seize opportunities in the crypto market.