From the perspective of funds and candlestick charts, the rebound has not ended; it is merely a retracement during the rebound. However, the news sentiment has been consistently bullish, and with the Strait of Hormuz closing again today, major funds are once again on the sidelines. Currently, the liquidity in the crypto market is very poor, and the market is driven mainly by news. A single explosive piece of news could either push the price up by 10% or drop by 10%. Trend and swing traders should be cautious when opening positions. Brothers who are trapped or want to open positions can comment below or join the fan group. Welcome everyone to discuss.

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