The market has completely turned around! The rebound rhythm has been totally interrupted 🤣
This week's market has been really exhausting. The hard-earned recovery was directly smashed back by negative news.
The latest Federal Reserve meeting minutes have been released, reigniting rate hike expectations. With liquidity tightening, Bitcoin has lost financial support, and market pressure is rapidly increasing.
Macroeconomic negatives continue to ferment, market volatility has clearly intensified, Ethereum is highly sensitive to interest rate changes, repeatedly oscillating downward with significant shakeout.
Overall market sentiment is in full retreat, niche coins find it hard to have independent rallies, and when the major market falls in resonance, $ZEC's volatility will be further amplified.
Currently, the overall situation is clearly bearish, multiple negative factors stack up with no signs of stabilization. Stay light and observe, don't rush to enter and bottom-fish.
Wishing everyone can hold their positions and patiently wait for the right entry opportunity.
$BTC $ETH
The above content is only my personal live trading record and does not constitute investment advice. DYOR
This week's market has been really exhausting. The hard-earned recovery was directly smashed back by negative news.
The latest Federal Reserve meeting minutes have been released, reigniting rate hike expectations. With liquidity tightening, Bitcoin has lost financial support, and market pressure is rapidly increasing.
Macroeconomic negatives continue to ferment, market volatility has clearly intensified, Ethereum is highly sensitive to interest rate changes, repeatedly oscillating downward with significant shakeout.
Overall market sentiment is in full retreat, niche coins find it hard to have independent rallies, and when the major market falls in resonance, $ZEC's volatility will be further amplified.
Currently, the overall situation is clearly bearish, multiple negative factors stack up with no signs of stabilization. Stay light and observe, don't rush to enter and bottom-fish.
Wishing everyone can hold their positions and patiently wait for the right entry opportunity.
$BTC $ETH
The above content is only my personal live trading record and does not constitute investment advice. DYOR