📢 Beginner's Guide | What happened last night?
1. The Trump Effect: A word from the big guy, and the market took off!
Little Story: Last night, Trump gave some speeches, releasing signals to ease global tensions.
Market Reaction: Everyone breathed a sigh of relief, and the panic disappeared in an instant. Instead of buying gold or locking money in a safe, people preferred to buy Bitcoin (because they felt the risk alert was lifted).
Result: BTC shot up like it took an 'energy patch', soaring from $69,000 to $72,000!
2. MA Moving Average: The most considerate 'guiding teacher'
See the chart: If everyone noticed the yellow (MA7) and purple (MA25) lines we just learned yesterday, you will find that today's K line has steadily jumped to the 'top' of these two lines.
Meaning: It's like we successfully climbed up to a higher floor. When the K line stands above these lines, it quietly tells you: 'Hey, the trend is now vibrant, everyone can feel more confident!'
3. 'Bearish cleansing': Don't underestimate the power of the bulls.
Key point: Last night, those who insisted on being bearish (Short) without setting stop losses really faced 'a cold fate'. The speed of price increase was so fast that it caught everyone off guard, and the exchange directly 'recovered' all those short positions.
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