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January 15, 24 Market Views, Hot News, and Future Narratives - Bitcoin ETF Suspension and Market Rec

Time:2024-01-15 Click:171


January 15, 24 (for market views, hot news, and future narratives)In the early morning, the market fell again from 42,900 to 41,700. The main factor for the decline was the complete suspension of Bitcoin ETF trading on the platform by Vanguard (an investment giant). Then the market quickly recovered its lost ground and continued to maintain bullish confidence. The U.S. stock market did not open on Monday. When the U.S. stock market opens, will the market fluctuate upward or downward? How long will it take for the independent market dominated by ETFs? This should be what I care about and everyone is concerned about. Concerns! Once again, people are betting on 38,000 when the market falls and 50,000 when it rises. People are confused!Recently, we need to pay attention to the first-line large-level support 40700 and the second-line support 41100. If these two levels are not broken, keep the MA60 moving average and move forward. Based on the subsequent narrative, the market will continue to rush. I said two days ago that I will cherish every pullback. Opportunity, as an investor who cares too much about short-term fluctuations is destined to be washed away. Fancoin has said it in rough terms and details in Big Whale, and the rest is up to you!Big pie 4H support: 41700 pressure: 43150Auntie’s daily support: 2470 Pressure: 2555Hot news of the day:🪅The Cryptocurrency Fear and Greed Index fell to “neutral” for the first time since October last year🪅CoinShares: The average production cost per Bitcoin after the halving is expected to be $37,856🪅Asset management giant Vanguard will no longer accept purchases of Bitcoin futures ETFs🪅The Arbitrum community initiated a vote on the proposal "Distribute 25-45 million ARB incentives to the ecological protocol"Major crypto events in 2024:1. Around January 17th, the Ethereum test network will be upgraded in Cancun (good for ETH and L2)2. Bitcoin halving in April (good for the entire currency circle)3. There is a high probability that Ethereum ETF will be approved before May (good for Ethereum ecology, De Fi, GameFi, NFT, etc.)4. The European Cup opens in Germany on June 15th (good for fan coins)5. In the second half of the year, the Federal Reserve will implement an interest rate cut policy (good for the entire currency circle)6. November presidential election, canvassing for votes on whether to support cryptocurrency

标签:bitcoin etf ETF

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