Weekend market analysis, normally, when news surfaces, funds tend to flow in during the afternoon and evening, and everything is reflected in the K-line! How to act is the key!

Starting with technical analysis, the weekly K-line has four consecutive bullish days, with the MA250 moving average resistance at 2575. This is the maximum space, and going long now to bet on breaking above the resistance is extremely risky.

The stimulus from news is only temporary; everyone doesn't need to pay attention to it. What should be focused on now is how long the US stock market can continue to rise. Once the US stocks experience a significant decline, the crypto market will face disaster!

My personal understanding is that we are still at the beginning of a bear market. A rebound is normal, but it is definitely not a bull market. The highs should still be approached with caution, prioritizing risk control. As I mentioned yesterday, 2355 is a key level, and I will short at this point.

The highs will only get lower, and if the opportunity is right, you can recover previous losses in one go. The opportunity is right in front of you.
#加密市场行情震荡 #美伊谈判陷入僵局 $BTC $ETH