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Individual users can earn up to 1,000 LOT — share from a total prize pool of 1,000,000 LOT!
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Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!
The Crypto Assets market has recently shown significant trend changes. Bitcoin's price experienced a price turns lower after positive open after the US stock market opened, briefly touching the support level around 106300 dollars. This price movement indicates that the market may be forming a weak structure, and investors need to follow closely.
Market analysts point out that the current price movement is highly correlated with the U.S. stock market trends, reflecting the interconnectedness of global financial markets. In addition, the release of the U.S. core PCE price index for May may also impact the Crypto Assets market, as inflation data often influences investors' risk appetite.
In this market environment, some traders may consider adopting a short strategy, especially during evening trading hours. However, it is worth noting that the volatility of the crypto assets market is high, and investors should be cautious when making trading decisions and fully consider the risks.
Although the market may face adjustments in the short term, in the long run, Crypto Assets as an emerging asset class continue to attract the attention of global investors. Market participants should continuously follow macroeconomic data, regulatory trends, and technological developments, as these factors may have a significant impact on the price movement of Crypto Assets.