The US stock market opened higher, and the Nasdaq rose 162 points
At the opening of the US stock market, the Dow Jones Industrial Average rose 203 points, the Nasdaq rose 162 points, and the S&P 500 index rose 0.55%.
At the opening of the US stock market, the Dow Jones Industrial Average rose 203 points, the Nasdaq rose 162 points, and the S&P 500 index rose 0.55%.
Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/5658778060 The market has fluctuated by more than half this week. A market crisis is emerging. The oscillation still remains within the range. What do you think, Yuanfang? During yesterday's live streaming sharing session, I discussed with my friends the current direction of price fluctuations. Lao Guan insisted on the bearish theory even though the weekly level peak structure signal was clearly not broken. Many friends have experienced some discomfort due to frequent sideways price fluctuations in recent times and believe that Jiuheng is not a good thing for bears. But yesterday I already expressed my viewpoint that, even in larger cycles where there is a clear direction signal that has not been broken, we still need to adhere to the direction indicated by the signal. Secondly, the sideways consolidation of the market is not friendly to both bulls and bears. So we should objectively argue the market situation. Thirdly, at the daily level of the large pancake on the dual currency market, the oscillation downward channel we have provided has experienced multiple actions of breaking and recovering from the upper edge, including the overall market breaking through yesterday and today, but the behavior of recovering again does not reflect the weakness of the upward bid price and the weakening of the desire to rise. For two consecutive days, we have been notifying everyone to be cautious of sudden and rapid upward movements in the market. However, this does not affect our expectation of short selling at positions 2600 and 2620. From the current performance, friends who have engaged in short trading between 2600 and 2620 are still under temporary pressure to hold short positions during the floating profit holding process. So it can be seen that our current analysis approach to the market is still online. And our approach has been going on for almost a week, and under this approach, we can achieve significant benefits during this period. However, have you followed suit? So I say there are too many people coming and going in this market. But as an old Guan, I can only overcome those who integrate knowledge and action. The market never lacks losers and winners. Everyone, take care. Tencent Meeting: 5658778060 QQ group number: 701829134 Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself. Aicoin group: https://aicoin.com/link/chat?cid=2ARLLeaoM
According to Foresight News, Bedrock's official response to BR coin price fluctuations stated that the project party has not withdrawn liquidity and has made liquidity address disclosures. They will not withdraw liquidity in the future and hope that users will remain rational.
Odaily Planet Daily News: Bedrock stated in an article on X platform that it has noticed significant fluctuations in BR prices and recommends the community to remain rational and cautious when trading or providing liquidity. Bedrock added that it has always been committed to long-term development. In order to improve transparency and build community confidence, the official address of PancakeSwap LP will be made public to clarify that it has not withdrawn its investment, in order to accept public supervision and feedback. In addition, Bedrock is committed to maintaining liquidity in the near future as part of efforts to support BR stability, BNB ecosystem, and Alpha's long-term growth.
Odaily Planet Daily News: Zeng Gang, Chief Expert and Director of Shanghai Finance and Development Laboratory, pointed out in an article that the payment convenience of emerging stablecoins and digital currencies should be fully utilized to promote the upgrading of financial services within a controllable range, meet the practical needs of social members for efficient, secure, and low-cost payment tools. However, it is necessary to be highly vigilant about the possibility of non bank institutions monopolizing payment channels, user data, and business opportunities, and effectively prevent the accumulation of systemic financial risks, the formation of information silos, and regulatory arbitrage phenomena. Zeng Gang stated that new currency tools such as stablecoins and encrypted assets will continue to penetrate into real economic activities, bringing greater convenience and choice space to market participants. (Caixin)
According to Foresight News, according to @ ai_9684xtpa monitoring, according to the OKX liquidity section, 26 addresses withdrew BR liquidity worth $47.59 million in just 100 seconds. At the same time, with the large-scale sell-off of three addresses in the million dollar range and 13 addresses in the 500000 dollar range, liquidity was insufficient and the coin price collapsed instantly. Before the sharp drop in coin prices, BR's liquidity once exceeded $60 million, and currently only $14.56 million remains.