The market is starting to fluctuate again, success or failure hinges on this!

If the market cannot break above 960 next week, it is likely to head downwards. The U.S. is having a meeting, and Japan is raising interest rates. The interest rate hike in Japan is actually not too concerning; the negative impact has already been priced in. Although it has been priced in, there will still be real capital flow, and it won't happen overnight.

This is easy to understand: the impact of news will be instantaneous, while sustained negative and positive effects will last for a long time. For example, when the central bank injects liquidity, it can't be expected to immediately result in a price increase; the money doesn't flow in that quickly. Various loans and transfers need to take place before gradually entering the market.

Today, the market has basically fluctuated between 910 and 890.

$BTC

BTC
BTC
90,134.13
-0.24%