Countless investors are bearish on the market, claiming that the bull market is over.
Shisanzhe has been encouraging everyone to buy at the bottom in his articles, especially for those specific currencies. Many people expressed their opposition and even started to criticize them.
It is understandable if you express different opinions, but if you curse others, Shisan can only block you. People with different ideologies cannot work together. Just continue to be a leek with peace of mind.
Thirteen understands very well that this round of market decline, especially the plunge in altcoins, has caused countless investors to suffer heavy losses. It is normal to feel a little resentful at this time, but this is not a reason for you to vent your emotions to others.
Shisan believes that he is living up to his conscience by running this self-media and has never done anything to cheat or deceive others.
There is a reason why Thirteen thinks the market may have bottomed out.
For example, the German government's selling pressure is now only more than 23,000 coins, and it is expected that the market will completely digest this negative news in the next 1 to 2 weeks.
Once all the negative news is out, there is no reason for the market not to rise.
There are some interesting things about the German selling pressure this time. Germany stood up and said that it was not selling Bitcoin, but a state under it called Saxony was selling it.
Isn't this state German?
So it is reasonable for us to hope that the German team loses. This wave has indeed put great pressure on the market.
Many people left messages saying that the selling pressure in Germany is now a thing of the past and that we should not keep bringing up the news from a week ago. The key point is that the selling pressure has not ended and the market is still affected by it. As long as the selling pressure has not ended, it may be mentioned frequently in subsequent articles.
2，
At the bottom of the market, Thirteen is not talking nonsense, for example, the US Republican Party strongly supports cryptocurrency.
In this face-to-face competition between Biden and Trump, Trump won completely, and Biden looked like he couldn't speak clearly. People from all walks of life in the United States, including the Democratic Party, believed that Biden should withdraw.
However, Biden later said that he was just too tired and had not yet recovered from the jet lag after returning from a business trip, and said that he would continue to run for election.
The more competitive the presidential election, the more crypto-friendly it becomes.
Today, the Republican Party has emphasized support for the development of cryptocurrencies in its ruling party platform, which can be said to be a huge benefit to the cryptocurrency community.
The party platform will strongly support the three industries of cryptocurrency, artificial intelligence, and space.
Influenced by this good news, Trump's political tokens also rose wildly, and the hype sentiment was very strong. Thirteen does not recommend that you touch it.
Biden Coin also rose by 40% in a week due to the positive stimulus of his continued candidacy, which is terrifying.
It is hard to understand these Thirteen. Even though I know that they are beneficial politically, the potential risks are too high and I will never touch them.
When investing, everyone should try to stay close to mainstream currencies. No matter which party is elected, the other political currency will inevitably face the risk of returning to zero.
Are you ready for this?
Many friends asked Thirteen, what to invest in? When to enter the market? ...
Welcome to join the Thirteen Circles, I will give you one-on-one investment advice.
3，
The good news doesn’t end there. The Chicago Board of Trade has officially submitted VanEck and 21Shares4’s SOL spot ETF application to the China Securities Regulatory Commission.
This is a huge benefit for Sol. Once the application is submitted, the matter will have a clear direction and 21Share will no longer be fighting alone.
More and more institutions will join the application process, and perhaps BlackRock will join soon.
So what will the price of sol be at the end of the year? Is 500 possible? Thirteen thinks there is a great hope.
Especially the deadline around February next year, the market will definitely be a bull market at that time, so it is very worth looking forward to.
sol is in the thirteen circles, and Thirteen has been recommending everyone to buy at the bottom when the price is 120+. Although this wave of good news has not yet been reflected in the price, the future is very worth looking forward to.
In prison, Afro once crazily recommended Sol to the prison guards. He believed that the future of this coin would be very terrifying.
I hope he won't lie to us this time.
This time, FTX is already compensating investors for their losses, which is approximately 10 billion. The investors who suffered losses that year have become creditors.
Congratulations everyone.
So everyone must trade in the big exchanges, because they can't escape.
4，
The Fed’s speech also revealed a lot of positive news. The current focus of the Fed has shifted from inflation to economic recession and employment.
Thirteen believes that this signal is very critical, and can even be compared to the bear market signal of interest rate hike that year.
There are still many people in the market who have not realized this good news, but the market makers are already frantically buying at the bottom. Otherwise, the market would have risen despite facing an unprecedented sell-off. This is worthy of everyone's deep thought.
The non-farm payrolls for April and May were also revised down to 111,000, and the unemployment rate rose to 4.1%, higher than the market expectation of 4%.
All of this is in preparation for the upcoming interest rate cut cycle in August or September.
The market is ready, are you?
Citigroup predicts that interest rate cuts will begin in September and end in July 25, with each cut being 25 basis points, for a total of eight cuts.
The benchmark interest rate was lowered from 5.25%~5.5% to 3.25%~3.5%.
Everyone’s main task now is to work hard to accumulate coins. Of course, in the short term, the market has retained the possibility of hitting the bottom range of 52,000.
But there will be opportunities down the road, and Thirteen will definitely increase leverage.
The key signal thirteen has been clearly reminded to everyone in the article, and everyone must think about it seriously.
We also don’t rule out the possibility that the Fed will take a hawkish stance again in its next speech.
Otherwise, since you are a fan of Shisan, Shisan’s investment methodology almost ignores the rise and fall of stocks.
Dawn is really not far away.
In less than two months at most, the days of suffering will be over, or maybe even in half a month.
We in the cryptocurrency circle enter the circle with the purpose of catching up with the short-term surge in the market. Most people will miss it, and a few will make a small profit. I believe Thirteen will be able to reap the benefits from the beginning to the end.
5，
Finally, today, 9 US spot Bitcoin ETFs increased their holdings by 4,862 Bitcoins, totaling US$280 million.
Justin Sun also bought another 1,621 Ethereum
Do you think they are just taking advantage of the situation or are they just trying to pick up the bottom?
Come on, people in the cryptocurrency world,
Welcome to: Minus Thirteen Degrees
Let’s go through the bull and bear markets together and see through the mundane affairs of the cryptocurrency world.
