Since May, the Bitcoin market has shown a high-level oscillation trend. During this period, many investors have keenly sensed the signs of market recovery and are looking forward to the price jumping to $100,000 or even higher. The altcoin may become a hot spot with several times or even dozens of times the return. However, the market logic often goes the other way. At the current stage, it is more likely to clean up the floating chips through callbacks and consolidation. Because there is a lack of active involvement of retail investors, the dealer needs to find new strategies to effectively ship.

Don't trust that smart money will continue to push up the market at a high level. Their strategy at a high level is often to take profits, the so-called "smashing the market". Similarly, without enough low-cost chips accumulated, the dealer will not easily start the next round of bull market. The dealer's operation is often carefully laid out. Bitcoin recently hit a new high of $73,000. This move is not only a technical breakthrough, but also cleverly takes advantage of the warming of market sentiment, especially the superposition effect of the halving event, which makes many investors mistakenly believe that the bull market has been fully launched, which is exactly the ideal time for dealers to ship. The trajectory of this round of bull market has many similarities with the market trend in 2021. After a straight rise, it is often accompanied by an increase in adjustment risks.

As for the altcoin market, most projects have experienced more violent fluctuations, and even fell below the lowest point in the bear market. At present, the entire cryptocurrency market seems to be in the bottom area of ​​the first stage similar to the "Monkey Market", indicating that there may be multiple alternating processes of bottoming out and rebounding in the future. After the initial rebound, the market may usher in a second wave of decline, followed by another rebound, and may be accompanied by a third wave of decline. Nevertheless, in the long run, the current prices of many potential currencies are quite attractive, providing long-term investors with a good opportunity to lay out.

In summary, investors should remain rational, recognize the nature of market volatility, and formulate investment strategies based on their own risk tolerance, neither overly optimistic nor blindly pessimistic, grasp the market rhythm, and wait for the opportunity. #比特币行情 #以太坊ETF通过 #美国首次申领失业救济人数超出预期 #Mt.Gox将启动偿还计划 #币安合约锦标赛 $BTC $ETH