Analysis: The market has become fragile but profitable, and the rebound in volatility indicates potential opportunities

BlockBeats news, on October 11, the trading information platform Kobeissi Letter released a market opinion stating that during today's flash crash, bitcoin recorded a single-day candlestick price fluctuation of $20,000, and bitcoin's market capitalization also experienced a dramatic swing of $380 billions in one day. Such an event has never occurred in history. This black swan event was caused by a combination of multiple sudden technical factors, but it will not have a long-term fundamental impact. Technical corrections have long been underway, and we believe a trade agreement will be reached. Cryptocurrency remains strong, and we are optimistic about the future market trend.

This week's rebound in volatility means opportunities for investors. The macroeconomic environment is changing, and stocks, commodities, bonds, and cryptocurrencies are all investable. The downturn reminds us how fragile, yet profitable, the market has become. Traders should maintain an objective perspective on the market and take advantage of volatility. Cryptocurrency is the most exciting industry in history, but leverage plus greed is a dangerous combination.