Recently, the cryptocurrency market has seen a rebound, with Bitcoin's price rising from a low of $110,000 to $116,000. However, this upward trend may not be stable, and investors need to remain vigilant.



The latest economic data has had a significant impact on the market. Last week's non-farm payroll report put pressure on the bulls, and although it did not trigger a sharp decline, a downward trend has begun to emerge. The PPI and CPI data released on Wednesday and Thursday of this week have driven a market rebound, with some investors starting to regain hope for the return of a bull market.

However, this rebound may just be the market digesting expectations in advance. The upcoming decision from the Federal Reserve could become a turning point for the market. Therefore, the current rise may be the last exit opportunity for bullish investors.

In this uncertain environment, investors should act cautiously and avoid blindly chasing highs. After the Federal Reserve's decision, the market direction may change significantly. For investors in Bit coin and other encryption currencies, it is crucial to remain calm and rational, closely monitor the macroeconomic situation and regulatory trends, and prepare for various possibilities.

Regardless of how the market changes, risk management should always be at the core of investment strategy. In this ever-changing encryption currency market, maintaining a cautious and flexible attitude may be a wise choice.
BTC-0.79%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
MEVictimvip
· 22h ago
Sigh, is this little bull going to be knocked down by the FED again?
View OriginalReply0
ImpermanentPhobiavip
· 22h ago
Suckers are going to be played for suckers again, right?
View OriginalReply0
TrustMeBrovip
· 22h ago
Just starting to play now and you're already scared?
View OriginalReply0
DAOdreamervip
· 22h ago
I have seen through everything long ago.
View OriginalReply0
SeeYouInFourYearsvip
· 22h ago
Catch a falling knife, just do it!
View OriginalReply0
NervousFingersvip
· 23h ago
It's normal to fall to 80,000. Just don't hold a losing position.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)