Penny's Morning Report | Market Sentiment Diverges, Funds Cluster in Parts
The market is weak and fluctuating:
$BTC has fallen back to above 90,000 and is fluctuating, $ETH has a relatively larger decline, major cryptocurrencies are under pressure, and risk appetite has clearly cooled;
$BNB and $SOL have both pulled back, primarily following market sentiment without any structural breakdown.
However, there are also hotspots on the market:
👉 Fan Token $JUV surged against the trend due to news of a USDT acquisition, $LUNA had negative news yesterday but positive today, after the announcement it became the biggest negative, it should rise after the negative news, but expect a drop after that; not recommended to chase.
Key Signals:
Currently, it is not a fully bullish environment, but rather "mainstream is defensive and small coins rely on news and emotional rhythm > direction"
Penny's Viewpoint:
The market hasn't provided a trend, positions should be light; to make money in this market, one must catch the emotional points accurately.
