10.31 Early Morning Bitcoin Trading Strategy Interest rate cuts are water, cryptocurrencies are boats, and the rising water lifts the boats is an eternal law. Please remember the most basic economic principle: a rate cut equals injecting more money into the market. Coupled with the end-of-month factors, the market has experienced a depressing one-sided downward trend, and panic sentiment is evident. The Bitcoin may be in a continuous downward trend, and it is not impossible for it to break the 100,000 mark and start a massive sell-off. It is recommended to take a good rest and observe the market with empty positions until dawn, waiting for the right opportunity to enter.
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10.31 Early Morning Bitcoin Trading Strategy
Interest rate cuts are water, cryptocurrencies are boats, and the rising water lifts the boats is an eternal law. Please remember the most basic economic principle: a rate cut equals injecting more money into the market. Coupled with the end-of-month factors, the market has experienced a depressing one-sided downward trend, and panic sentiment is evident.
The Bitcoin may be in a continuous downward trend, and it is not impossible for it to break the 100,000 mark and start a massive sell-off. It is recommended to take a good rest and observe the market with empty positions until dawn, waiting for the right opportunity to enter.