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#BTC BTC Market Update
When the market sentiment is weak, I prefer to remain silent and avoid paying attention to the cryptocurrency space. However, AI-related assets are currently at their bottom support levels, and while others panic, I am increasing my position.
Why did the market fall over the weekend?
The drop was influenced by Nvidia's significant sell-off on Friday in the U.S. stock market. If Nvidia stabilizes and stops falling on Monday night when the U.S. market opens, AI-related assets are likely to stop falling as well.
What’s next?
The CPI data release on the 15th will be a critical event. If the data aligns with market expectations or is favorable, there is a high probability of a strong rally between the 15th and the 20th.
Stay cautious, monitor Nvidia's performance, and prepare for potential opportunities in the days ahead.
#GT Hits ATH – What’s Next?