Good morning, friends. The overall market on Saturday completely aligned with the expectations I shared early yesterday morning. As the US stock market corrected, liquidity in the market continued to weaken, and the cryptocurrency prices entered a narrow range of consolidation. The Bollinger Bands kept narrowing, and the market's recovery strength continued to diminish. In the short term, lacking any stimulation, the narrow consolidation of prices will likely persist further. Therefore, the current strategy is mainly to stay on the sidelines and wait for opportunities. The volatility is limited, and there aren't many short-term trading opportunities. We will patiently wait for the market to present new directions.
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Good morning, friends. The overall market on Saturday completely aligned with the expectations I shared early yesterday morning. As the US stock market corrected, liquidity in the market continued to weaken, and the cryptocurrency prices entered a narrow range of consolidation. The Bollinger Bands kept narrowing, and the market's recovery strength continued to diminish. In the short term, lacking any stimulation, the narrow consolidation of prices will likely persist further. Therefore, the current strategy is mainly to stay on the sidelines and wait for opportunities. The volatility is limited, and there aren't many short-term trading opportunities. We will patiently wait for the market to present new directions.