$ETH $BTC The bearish news is out—can we really buy the dip? Can 2000, the key bull/bear dividing line, hold?
Yesterday, CPI data sent major assets plunging. The strongest support is currently at 2000, the true bull/bear dividing line. Tech stocks have already rebounded strongly, and the short-term bearish news is out. Political uncertainty has also been cleared, so the market may see a fairly strong rebound in the short term.
Among major assets, SOL is still my top pick. On-chain meme coins on SOL are starting to take off, creating a wealth effect. This cycle’s shakeout has been thorough, and we’re now seeing an oversold rebound. When the US stock market opens, its rebound could be stronger than Bitcoin’s and help lift SOL too. That’s also the main reason BTC and ETH have been weaker than SOL recently.
Current price: $SOL 84. You can enter a long position. First target: 90. Stop loss: 79. The feed is delayed, but opportunities are always there 👇
#CPI高于预期，美股与BTC再度承压 #ETH #BTC
Yesterday, CPI data sent major assets plunging. The strongest support is currently at 2000, the true bull/bear dividing line. Tech stocks have already rebounded strongly, and the short-term bearish news is out. Political uncertainty has also been cleared, so the market may see a fairly strong rebound in the short term.
Among major assets, SOL is still my top pick. On-chain meme coins on SOL are starting to take off, creating a wealth effect. This cycle’s shakeout has been thorough, and we’re now seeing an oversold rebound. When the US stock market opens, its rebound could be stronger than Bitcoin’s and help lift SOL too. That’s also the main reason BTC and ETH have been weaker than SOL recently.
Current price: $SOL 84. You can enter a long position. First target: 90. Stop loss: 79. The feed is delayed, but opportunities are always there 👇
#CPI高于预期，美股与BTC再度承压 #ETH #BTC
