Mastering two key time points: one is in the morning during the Asian hours, after yesterday's sharp decline—whether to buy the dip, follow the sell-off, or remain indifferent. Currently, the choice seems to be indifference. Then, watch the US stock market opening time in the evening. Although it hasn't opened yet, the Friday decline started at the same time. If Sunday hasn't ended, it's likely the decline also began around this time, with no significant reaction. Next, we look to Monday.



The same two time points: on Monday, Asian investors start work first, and US stock futures open. Will the decline continue? Since the reason for the final drop is uncertain, we can only analyze from the sentiment perspective. If US stocks continue to fall, there is concern that Bitcoin will follow suit.

A pullback around 2112-2088 can be considered for long entries, with targets around 2373-2580.
BTC-0.43%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)