#Gate广场发帖领五万美金红包 The market has entered a very difficult decision-making zone. 74,000 is the dividing line between a 24.25-year bull and bear market, and this support level has been easily broken. Therefore, there won't be any significant upward or downward movements in the near future. It will take some time for consolidation to choose a direction, but due to the lack of market liquidity, more people are choosing to rest and wait. This is correct—abandoning the junk time.
However, in the gold and silver markets, you can still have some small plays. Liquidity is still quite sufficient, but this market is more suitable for scalp trading and not for large swings or trend trading.
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#Gate广场发帖领五万美金红包 The market has entered a very difficult decision-making zone. 74,000 is the dividing line between a 24.25-year bull and bear market, and this support level has been easily broken. Therefore, there won't be any significant upward or downward movements in the near future. It will take some time for consolidation to choose a direction, but due to the lack of market liquidity, more people are choosing to rest and wait. This is correct—abandoning the junk time.
However, in the gold and silver markets, you can still have some small plays. Liquidity is still quite sufficient, but this market is more suitable for scalp trading and not for large swings or trend trading.