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I don't know why, but this week's market analysis couldn't be sent out. Maybe I talked too much about "big events". So let's just focus on trading. Last Friday, I entered a long order for BTC. However, the price didn't rise but instead gradually fell. The MACD looked off, so I chose to exit first and then look for re-entry opportunities, resulting in a small loss. In the end, this decision proved to be correct. After exiting, the price dropped even more. This week, the overall market is still bullish, and I will continue to look for go long opportunities, but BTC and ETH might need more time to consolidate. I will focus on SOL and DOGE.
Risk events this week:
May 7, Wednesday, Federal Reserve interest rate decision
#BTC #ETH #DOGE