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Analysis: MicroStrategy earnings are about to be released, and a good performance will further boost market sentiment

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2024-10-28 05:56:49
Lin Chen, head of Asia Pacific commerce at Deribit, said in a statement that the market has been sluggish for more than two consecutive months from 8.3-10 until the release of BlackRock's financial report aroused the overall mood to pick up, and the current greed index is 72.
With the upcoming release of MicroStrategy ($MSTR) earnings, if the performance is good, the market sentiment is expected to further rise. This week is expected to still trade around the election game, and a small number of large institutional investors have begun to partially sell or hedge through options to avoid the risk of uncertainty caused by the election.
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