The weekend was accompanied by adjustments in the US stock market, and market liquidity showed a gradual weakening trend, leading to narrow fluctuations and consolidation. Currently, the Bollinger Bands are continuously converging, indicating that the market correction strength is gradually diminishing. In the absence of short-term market catalysts, it is expected to continue with narrow fluctuations. Therefore, the current strategy is mainly to observe and wait patiently for the right opportunity. Due to limited market volatility, short-term trading opportunities are few. We will continue to monitor and wait for the market to provide new directional signals. #BTC #ETH #BNB
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.
1.11 Sunday Bitcoin and Ethereum Morning Analysis
The weekend was accompanied by adjustments in the US stock market, and market liquidity showed a gradual weakening trend, leading to narrow fluctuations and consolidation. Currently, the Bollinger Bands are continuously converging, indicating that the market correction strength is gradually diminishing. In the absence of short-term market catalysts, it is expected to continue with narrow fluctuations. Therefore, the current strategy is mainly to observe and wait patiently for the right opportunity. Due to limited market volatility, short-term trading opportunities are few. We will continue to monitor and wait for the market to provide new directional signals.
#BTC #ETH #BNB