Brothers, let's talk about the weirdness of the current market:
1: Bitcoin ranges from 86800 to 91800, with the widest fluctuation point of 5000 US dollars, and the small range is only 3000 US dollars. The best bottom-picking range is here at 84500, and there is a chance to insert a pin at 83500. Now the high-level fluctuation of the big cake has come out, and there are profitable funds entering XRP, ADA, and LTC. These are all profit-taking guerrilla tactics in the market, which is to attract the attention of retail investors in the market and let retail investors chase and take over.
2: Ethereum has fallen by 450 US dollars, and the funds of large-scale investors have frequently fled and frequently transferred. Too many chips have accumulated in the upper 3500 range, and it takes a while to clean up the market, resulting in many second-layer network VC tokens being terrible. Many coins have fallen back to the starting position at the beginning of the month. Looking at the pattern, it is not stable yet. 3000 may be difficult to support. There should be a pin downhill below 288-2930.
3: The market is full of dog projects again. With the popularity of Musk's squirrel, the hype of hamsters has begun to emerge again. From yesterday to today, any mascot can emerge. The market is very lively. Not only are the leeks and newbies chasing after it, but even old leeks like me have the urge to go in and try it. I want to catch the next token like the squirrel, but 99% of retail investors rush in and give their heads to be cut.
4: The U.S. stock market continued to fall at the opening tonight. Although the big cake rebounded a little during the day, it was just a rebound. It has not yet come out of the wash stage. Tomorrow, Saturday and Sunday, Wall Street will be closed. Be alert to the reduction of market liquidity and the continuous decline. Be cautious about bottom-fishing.