#当前行情抄底还是观望? Yesterday, due to Elon Musk's Twitter possibly supporting cryptocurrency exchanges, the market experienced a significant rally. Especially Dogecoin, which Musk often endorses, rose from 0.09 to 0.11, marking one of the recent larger increases. Will the market trend change as a result? It's still too early to tell; it depends on various indicators. Most importantly, we need to see if there is subsequent capital inflow. Essentially, it comes down to whether new retail investors are entering. If not, the current players will continue to manipulate the market, and the trend will likely revert. However, if more people are attracted to participate, things could really turn around.

DOGE-7,59%
View Original
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
  • 1
  • Repost
  • Share
Comment
0/400
LuYongvip
· 22h ago
The market has been weak for such a long time; it's indeed time to look for a direction. Whether it goes up or down, let's continue to watch.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 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)