
Phyrex|May 19, 2025 20:49
In the past 24 hours, BTC and the US stock market have experienced unusually intense movements, experiencing four roller coaster like fluctuations, with the highest breaking through $107000 and the lowest almost falling below $102000. Although Moody's downgrade of the US credit rating and the US China chip export dispute caused market panic, they were quickly digested and the US stock market turned from decline to rise, indicating that investors' attention to credit downgrades has decreased.
In terms of BTC, the short-term turnover rate has slightly increased but the strength is limited, indicating that the market has not experienced panic selling. Investors still maintain strong confidence in BTC, with chips concentrated in the core range of $93000-98000 remaining unshaken, while chips gradually accumulate around $102000, which may become potential support in the future.
Gold, US stocks, and BTC all rose synchronously, reflecting that although there is no systemic risk in the current market, there are still uncertain expectations for the future, and risk appetite and safe haven sentiment coexist.
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