Analysis: The market has become fragile but profitable, a rebound in volatility implies potential opportunity

BlockBeats News, October 11th. The transaction information platform Kobeissi Letter released a market perspective today, stating that during today's flash crash, Bitcoin recorded a daily candlestick price fluctuation of $20,000. Bitcoin's market cap also experienced a drastic fluctuation of $380 billion in a single day, a situation never seen before in history. This black swan event was caused by various sudden technical factors, but it will not have a long-term fundamental impact. Technical corrections have long been underway, and we believe that a trade agreement will be reached. Cryptocurrencies still remain strong, and we maintain an optimistic outlook on the future market trend.

This week's rebound in volatility means opportunity for investors. The macroeconomy is changing, and investments can be made in stocks, commodities, bonds, and cryptocurrencies. The downturn reminds us of how fragile the market has become, yet how profitable it can be. Traders should maintain an objective view of the market and leverage volatility. Cryptocurrency is the most exciting industry in history, but leverage + greed is a dangerous combination.