Ansem: A market rebound requires specific news support. Currently, it's better to respond passively than to actively buy at the bottom
Odaily Planet Daily reports that renowned trader Ansem stated in a post on X, unless there is a specific news event that can change the current situation, whether it's a shift in the Federal Reserve or an easing of tariffs, there will not be a V-shaped reversal under the current market conditions. Instead of actively predicting the bottom for these two situations, it would be better to react passively after the news appears.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Today's Fear and Greed Index drops to 11, indicating the market is in an "extreme fear" state.
The probability of the "U.S. striking Iran before March 1" event on Polymarket rises to 26%