Analysis: MicroStrategy's earnings report is about to be released, and if it performs well, it will further boost market sentiment
the head of Deribit Asia-Pacific business, stated in a post on X that the market has been in a slump for more than two months from August 3rd to October 14th, until the release of BlackRock's financial report sparked a general improvement in sentiment. The current greed index is 72. With the upcoming release of MicroStrategy's ($MSTR) financial report, if it performs well, market sentiment is expected to further improve. It is expected that trading this week will still revolve around the election game, and a small number of institutional investors have already started to sell partially or hedge through options to avoid the uncertainty risk brought by the election.
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.
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