1. Recently, market liquidity has increased, but leverage has decreased. The range gains have kept the major index steadily holding at the 70000 level. Last night's US session pullback made everyone think #btc would break down accordingly, so the recent market action has been focused on the Asian session.
2. The number of survivors in the current market is decreasing, and bearish sentiment is prevalent. However, the fear index has recovered to 14. The slower the market moves, the more opportunities for upside. Conversely, when there's a sharp rebound all at once, that's often the beginning of the end of the trend.
3. Beginners are always bearish because they lack experience. Even if the market hasn't bottomed, it doesn't prevent range bounces. So be patient, capture your own risk-reward ratio, because the correct trading direction is often on the side of the minority. #Gate正式接入Polymarket #BTC突破71000美元 $GT
#btc Asian Session Performance
1. Recently, market liquidity has increased, but leverage has decreased. The range gains have kept the major index steadily holding at the 70000 level. Last night's US session pullback made everyone think #btc would break down accordingly, so the recent market action has been focused on the Asian session.
2. The number of survivors in the current market is decreasing, and bearish sentiment is prevalent. However, the fear index has recovered to 14. The slower the market moves, the more opportunities for upside. Conversely, when there's a sharp rebound all at once, that's often the beginning of the end of the trend.
3. Beginners are always bearish because they lack experience. Even if the market hasn't bottomed, it doesn't prevent range bounces. So be patient, capture your own risk-reward ratio, because the correct trading direction is often on the side of the minority.
#Gate正式接入Polymarket #BTC突破71000美元 $GT