A long time ago, the crypto circle had little to do with the US stock market, each following its own path!
Now, with the big integration—ETFs, private equity firms—it's often similar to the US stock market's rhythm of linkage! The opening and closing times of the US stock market are also worth paying attention to!
Although BTC has fallen quite a bit now, many of the top 100 coins have hit their lows for this year. There are many trying to buy the dip, but take a look at the weekly K-lines of the Nasdaq and Dow Jones; there's still a significant risk of a major pullback!
It is predicted that BTC may test the recent year's low of around 75,000. If it can reach near 75,000, it might be a tentative opportunity to deploy some positions.
If 75,000 cannot hold, then the next level to watch is around 63,000.
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A long time ago, the crypto circle had little to do with the US stock market, each following its own path!
Now, with the big integration—ETFs, private equity firms—it's often similar to the US stock market's rhythm of linkage! The opening and closing times of the US stock market are also worth paying attention to!
Although BTC has fallen quite a bit now, many of the top 100 coins have hit their lows for this year. There are many trying to buy the dip, but take a look at the weekly K-lines of the Nasdaq and Dow Jones; there's still a significant risk of a major pullback!
It is predicted that BTC may test the recent year's low of around 75,000. If it can reach near 75,000, it might be a tentative opportunity to deploy some positions.
If 75,000 cannot hold,
then the next level to watch is around 63,000.