Recently, it has become evident that the phenomenon of "10 a.m. sell-offs," which used to be very punctual like an alarm clock, has significantly weakened. This is likely related to the progress of lawsuits involving market makers like Jane Street—market speculation suggests that regulatory pressure may have caused some quantitative strategies to temporarily converge, or that market makers are adjusting their algorithm models to mitigate risk. However, it is important to view this rationally: the weakening of selling pressure only removes a downward resistance; a genuine rally still requires sustained buying interest to enter the market.
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#BTC能否重返7万美元?
Recently, it has become evident that the phenomenon of "10 a.m. sell-offs," which used to be very punctual like an alarm clock, has significantly weakened. This is likely related to the progress of lawsuits involving market makers like Jane Street—market speculation suggests that regulatory pressure may have caused some quantitative strategies to temporarily converge, or that market makers are adjusting their algorithm models to mitigate risk. However, it is important to view this rationally: the weakening of selling pressure only removes a downward resistance; a genuine rally still requires sustained buying interest to enter the market.