The U.S. just announced the monthly rate of retail sales in April, recording 0.9% It hit a new high since January this year, in line with expectations; The previous value was revised up from 0.5% to 0.7%
After the data was released, the market fluctuated little in the short-term Consumers will shift from goods to services such as travel and entertainment Demand for summer events picks up as virus-related concerns subside The policy is relatively favorable in the short term
Back to Bitcoin: At present, the policy is basically in the second window period. The driving force of the disk is still dominated by technical analysis Yesterday, it was said that the short-term bulls have a chance to counterattack An effective breakout of this ascending channel is a secondary confirmation of the midline bulls If the weak market continues There is also a chance to do more after effectively falling below the channel
It is still entertainment time for short-term customers Open orders according to the mini-level divergence signal As long as you are still in this channel Sell high and buy low is yyds
If there is a mid-line bullish market next (subject to the effective breakthrough channel) This id subjectively believes that there will be a wave of cottage market led by Ethereum Equally short.