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#美SEC促进加密资产创新监管框架 Bitcoin spot has shown some interesting moves in the past couple of days—a 600-point range is right there. Ethereum is no exception, with a clear downward pressure of 43 points. $BTC $ETH
From a candlestick perspective, this round of correction has indeed provided many traders with opportunities. Should you chase the shorts? That depends on your own risk tolerance. Some are bullish on the rebound, while others are fixated on downside targets; the market is always a tug-of-war between bulls and bears.
US regulators are currently advancing an innovative regulatory framework for the crypto industry, so it’s no surprise that market sentiment is fluctuating under these circumstances. There is indeed short-term technical pressure, while the medium-term outlook will depend on policy direction and macroeconomic conditions.