Master Bao's speech caused a drop to the 5-minute support level, opening one position each for Bitcoin and Ethereum, which is still quite good.
In fact, from a more macro perspective, the start of the interest rate cut cycle is beneficial for all trading assets except the US dollar. Buying on dips is the best strategy. In the crypto space, users are speculating on new coins and going long on contracts, while exchanges are endlessly listing new coins to absorb the liquidity of the bull market, which will be the main theme going forward.
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