There is a lot of speculation about the avalanche encryption market trend, and it is said that the country is ready to supervise, which comes from Xinhua News Agency reporter Su Liang posted a comment on December 6, titled "The American Financial Ecology and Risks Behind the "BTC Hurricane", it is said that recently, because Nvidia is suspected of violating the "Anti-Monopoly Law of the People's Republic of China" and " Announcement of the State Administration for Market Regulation on Approving the Anti-Monopoly Review Decision in the Case of Nvidia's Acquisition of the Equity of Milestones Technology Co., Ltd. with Additional Restrictive Conditions (Announcement [2020] No. 16 of the State Administration for Market Regulation), the State Administration for Market Regulation launched an investigation into Nvidia in accordance with the law. It is also said that the US CPI data is about to come out, the Federal Reserve will stop cutting interest rates in December, and there is also the moving average Candlestick theory (brick family) asserting that the bull market is over BTC104597 becoming the top of history, but I think the pullback of the market this time is a normal Whipsaw after BTC breaks through $100,000, but after this DepthWhipsaw, the encryption market zone rotation will be reshuffled, New popular zones will also appear at any time.

BTC market data Intraday, yesterday morning it kept falling, falling to a low of 94111 and then quickly rose. After falling again to the 94843 level, it continued to rebound to 98200. We need to adjust promptly when the situation is not right. Currently, it is oscillating near 97500. I never go short when it falls and go long when it rises. I still follow my own strategy. Intraday, we still follow the 96500 level to see the rise. Before the US market, we follow the situation of breaking through 98200. If it does not break, we will consider short orders. If there is an opportunity below, just go long
This wave of fall is not significant, but it has had a psychological impact on retail investors. Many people got out of positions today, especially those who have been waiting for altcoins and new altcoins to rise. When investing, you need to have your own logic and not be swayed by market fluctuations. You also need to balance your mentality. It is useless to be anxious about others making money. You need to find your own method and control your position. The market will rise and fall. You need to adjust your position appropriately. The recent wide-ranging and volatile market has left many people confused and lacking confidence. In times like these, it is important to stay calm and avoid making wrong decisions!