Greeks.Live: Market Divided on Whether to Enter Bear Market, Overall Sentiment Still Leans Bearish on Short-Term Trend
BlockBeats News, August 20th, Greeks.Live released the daily market brief, indicating that the overall market sentiment still leans towards bearish short-term trends. Most traders are focusing on the $110,000 to $108,000 support range, believing that this low might be reached. There is a divergence in the market regarding whether we are entering a bear market, with some community members believing that if the price continues to drop next Monday, it will confirm the arrival of a bear market.
Mid-September to October is seen as a potential rebound window, with expectations that a rate cut policy could bring about a market turnaround. From a technical perspective, the BTC weekly MACD is facing the risk of a bearish crossover, similar to the market situation in December last year, with the adjustment period expected to be around one month.
También te puede interesar
Ganadores
Últimas noticias sobre criptomonedas
Jupiter Releases HumidiFi Token WET ICO Guidelines
The cryptocurrency mining company supported by the Trump family saw its stock price "halved" in 30 minutes.
Deutsche Bank: If the next Fed Chair fails to effectively address inflation risks, the US Dollar may face downward pressure
Nine-Time Winning Trader Suffers First Defeat, Closing Out Short Position with Over $1.78 Million in Losses
The U.S. Money Market Asset Size Exceeds $8 Trillion for the First Time
Atención al cliente:@weikecs
Cooperación empresarial:@weikecs
Trading cuantitativo y MM:[email protected]
Programa VIP:[email protected]