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I discussed this issue with @DL_W59.

CN
Phyrex
Follow
4 hours ago
AI summarizes in 5 seconds.

After discussing this issue with @DL_W59, although the recent increase in $SOL is not good, if the overall cryptocurrency market is rising, unless there is a significant sell-off of SOL or negative news, the probability of rising is still quite large. The current cryptocurrency market is strongly linked to the macro-political situation in the United States.

Yesterday noon, the United States' attack on Iran's energy facilities may indeed impact oil output, and the market was fluctuating at that time. However, by the evening, the IEA had confirmed that it would use strategic reserves of oil to curb the rise in oil prices in the market, which is a signal.

This is not the end, though. If the conflict between Iran and the United States continues to escalate today, it might drop again by tonight, so the best approach during such times of war is to minimize short-term trading, as there can be fluctuations at any moment driven by news. If one really wants to engage in short-term trading, it’s best to keep an eye on news updates.

Especially when seeing that U.S. stock futures rose during the CME opening this morning, it indicates that the Asian market has begun to place orders. However, to be honest, I personally still feel that as long as the war has not ended, fluctuations may still exist.

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Selected Articles by Phyrex

18 hours ago
The weekend ended happily.
21 hours ago
Record outflows in the financial sector, surge in ETF short selling.
1 day ago
The weekend continued to be overshadowed by the shadow of war.
View More

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