BTC has once again reached around $80000. Several consecutive impacts, but still unable to effectively stand firm. Short term buying has rebounded, but the 80000 mark is both a technical resistance and a psychological barrier in the market.
What we really need to look at now is not the rise or fall of the next candlestick, but whether 8 universal can change from a pressure level to a support level?
Focus on the vicinity of $79200 below. If the breakthrough cannot be confirmed for a long time, there is a high probability that it will continue to fluctuate in the short term.
Meanwhile, macro variables are also increasing. The rising US dollar index and US bond yields continue to suppress risky assets, and the upcoming initial data and CPI may further amplify market volatility.
In a volatile market, besides price, the safety and efficiency of funds are also worth paying attention to.
The latest PoR (Proof of Reserve) data from Binance shows that the coverage of mainstream asset reserves such as BTC, ETH, USDT, BNB, etc. remains above 100%, providing a quantifiable reference for user asset transparency.
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Trading is not just about chasing gains and killing losses. When the market has no direction, managing funds well is also a strategy.
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Risk Warning: The views, conclusions, and recommendations presented in this article are for reference only and do not constitute investment advice. The market is risky, and investment needs to be cautious.