#加密货币市场走势 This market is really making my heart race with its fall. The Nasdaq in the US stock market plummeted over 2%, and Bitcoin also saw a sell-off, hitting a low of $86,100. It seems that the recent large-scale outflow of Spot BTC and ETH ETFs, coupled with the weakness of the US stock market, is putting pressure on the crypto market. Interestingly, BTC fell during the US stock market opening hours and rebounded during the Asian market hours, which indicates that the selling pressure is greater on the US side.
Several top traders I have been following recently are also adjusting their strategies. Some have increased their hedging positions, while others are simply taking a wait-and-see approach. During such times, it is indeed necessary to be extra cautious, but we cannot completely give up on opportunities. I am closely watching a few traders who are skilled at counter-trend trading to see if I can learn some techniques from them to cope with the current market conditions.
However, that being said, the market no longer expects the Federal Reserve to cut interest rates in December, coupled with strong employment data, which may be a mid-term bearish signal for cryptocurrencies. Moving forward, I will focus more on risk control, possibly reducing the amount of capital per trade and diversifying into more traders with different styles. After all, in such market conditions, preserving capital is more important than pursuing high returns. Everyone should also be cautious and not be scared into inaction by the market's volatility.
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#加密货币市场走势 This market is really making my heart race with its fall. The Nasdaq in the US stock market plummeted over 2%, and Bitcoin also saw a sell-off, hitting a low of $86,100. It seems that the recent large-scale outflow of Spot BTC and ETH ETFs, coupled with the weakness of the US stock market, is putting pressure on the crypto market. Interestingly, BTC fell during the US stock market opening hours and rebounded during the Asian market hours, which indicates that the selling pressure is greater on the US side.
Several top traders I have been following recently are also adjusting their strategies. Some have increased their hedging positions, while others are simply taking a wait-and-see approach. During such times, it is indeed necessary to be extra cautious, but we cannot completely give up on opportunities. I am closely watching a few traders who are skilled at counter-trend trading to see if I can learn some techniques from them to cope with the current market conditions.
However, that being said, the market no longer expects the Federal Reserve to cut interest rates in December, coupled with strong employment data, which may be a mid-term bearish signal for cryptocurrencies. Moving forward, I will focus more on risk control, possibly reducing the amount of capital per trade and diversifying into more traders with different styles. After all, in such market conditions, preserving capital is more important than pursuing high returns. Everyone should also be cautious and not be scared into inaction by the market's volatility.