Greeks.live: Some traders are optimistic about the weekend performance of altcoins, and the key price of Bitcoin is in the $66,000-67,000 range

PANews reported on April 20 that Greeks.live macro researcher Adam released a Chinese community briefing, saying that market sentiment was divided. Some traders were optimistic about the performance of altcoins over the weekend and believed that SOL had risen more than 10 times from the bottom, but there were also views warning that this might be the last madness. The key price of BTC is in the $66,000-67,000 range, and many traders believe that this area is a concentrated area for short-term stop losses. The performance of altcoins has sparked controversy. Some people believe that it is normal for small-cap coins to rise sharply, but some traders point out that calculating the increase from the bottom is misleading, and believe that SOL's larger increase is because it fell more in the previous period. In terms of market structure, traders observed that Binance had a large number of buy orders to protect the market, and most of them would withdraw orders when the price was close, indicating that the exchange may be deliberately guiding the price to trigger an important stop loss.

Share to:

Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
4 hour ago
5 hour ago
6 hour ago
8 hour ago
10 hour ago
12 hour ago

Popular Articles

Industry News
Market Trends
Curated Readings

Curated Series

App内阅读