Interpretation of cryptocurrency market on March 29, 2023

The market rallied yesterday, with the vast majority recovering from the decline caused by Binance' negative trend. The market is still stable, and worrying too much is unnecessary.

Unemployment data and PCE data follow this week. Although the impact of the economic data has been reduced against the backdrop of the banking crisis, it may still bring short-term volatility. Short-term operation friends can pay due attention to avoid these periods and hold a long period of the position directly ignored. The only thing to do is wait patiently to realize medium and long-term positions.