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Analysis: MicroStrategy's earnings report is about to be released, and if it performs well, it will further boost market sentiment
2024-10-28 02:23
Odaily News Lin Chen, head of Asia Pacific business at Deribit, said in a post on X that the market had been sluggish for more than two months from August 3 to October 14, until the release of BlackRock's financial report triggered a rebound in overall sentiment, with the current greed index at 72. With MicroStrategy ($MSTR)'s financial report about to be released, if it performs well, market sentiment is expected to rise further. This week, it is expected that trading will still revolve around the election game. A small number of institutional investors have already begun to partially sell or hedge through options to avoid the uncertainty risks brought by the election.