Bitcoin and Ethereum broke through and went down, especially the currency trend in the L2 sector was extremely unsatisfactory.
The Inscription series fell significantly, but ORDI still remained sideways above $60, and SATS rose slightly by 1.6%.
The decline in the MoYin series narrowed, and the AI artificial intelligence sector did not continue to rise due to the Nvidia AI Conference. Although the entire market is currently in a downturn,
But with the arrival of the Bitcoin halving, this downturn will soon end. In fact, the real reason for yesterday’s Bitcoin breaking trend was the interest rate cut by the Swiss Bank and the continued strength of the US dollar. As for the outflow of Bitcoin from ETFs in unlucky countries, In fact, it is a secondary factor.
Judging from the current market trend, it is actually the time to selectively build a position. The pressure level of Bitcoin at this moment comes from 64285.2 points. According to the current handicap volume ratio, big funds are more active in entering the market and broke through this position today. It should be no big deal. #BNBChain #BOME #ID #polyx
