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Gate Square New & Returning Creator Rewards are ongoing!
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#数字资产市场动态 The profit-taking effect is still ongoing! Today, focus on the PPI data and watch for the subsequent reaction after the US stock market opens. The Nasdaq index led the decline, causing Bitcoin prices to drop sharply. Taking advantage of this downward trend, I shorted and made nearly 1500 points in profit. It seems that the Federal Reserve's policy moves and the performance of tech stocks still have a quite direct impact on the coin prices, and this correlation has become increasingly obvious recently. Continue to monitor how the market develops.