3.6 Market Dynamics: Cryptocurrency Assets Maintain Rebound, U.S. Stocks Face Severe Test
In terms of Bitcoin's market, BTC experienced a pullback after breaking through 72000. Although the expected final rebound target is above 80,000, this increase is difficult to achieve in one go, and the subsequent market is expected to primarily see repeated ups and downs.
On the other hand, affected by the rise in oil prices yesterday, the Dow experienced a significant drop. Currently, the three major U.S. stock indices are nearing the bull market support zone, putting the overall bull market pattern in jeopardy. It is recommended that everyone closely monitor market trends; once the support level is effectively broken, the U.S. stock market may officially enter a bear market cycle.