1. After Bitcoin passed the SEC spot ETF review on January 10, it ushered in a long-awaited bull market in the cryptocurrency circle. Taking advantage of the enthusiasm of the Chinese people during the Chinese New Year of the Dragon, in just four months, the price of Bitcoin soared from $30,000 per coin to $72,000 per coin, breaking the previous record. Will the listing of Ethereum's ETF bring about another frenzy? The answer is no.

2. On May 20, when everyone thought that the Ethereum ETF had no hope of passing, news came from within the SEC that the review had a shocking reversal. Ethereum soared 20% in one hour, driving the entire cryptocurrency industry to soar collectively. In the next few days, the continued high community enthusiasm and capital inflow pushed the price of Ethereum to around $4,000, and then stopped. According to the on-chain data, within 48 hours before the official opening of Ethereum ETF trading, a large number of whales had transferred massive spot to the top ten exchanges to prepare for profit. After the ETF trading is opened tonight, Ethereum may pull up in a short period of time, and then start the last round of major corrections in the currency circle. It is impossible to expect the Ethereum ETF to drive the price of the entire currency circle to rise. Why? Because it is not Bitcoin. After the official opening of trading, the trading volume of the Ethereum ETF will not even reach one-fifth of the trading volume of the Bitcoin ETF.

3. As of the time of posting, the long position of the contract within 30 days is about 9 billion US dollars, and the short position is about 1.7 billion US dollars, which is close to 5:1 long-short ratio, which I have never seen in my 15 years of working in the industry. If, as the public expects, the listing of Ethereum ETF opens the second half of the bull market, pushing the price of Bitcoin to 100,000 in August and 150,000 by the end of the year, I would like to ask a very simple question, where does the money come from? Where do the profits of those high-leverage long positions of 54,000-60,000 bottom-fishing come from?

4. Everyone knows that the next step is all good news, and cryptocurrencies will rise. The Federal Reserve is about to start cutting interest rates, Trump was assassinated, Biden withdrew from the election, Trump, who supports cryptocurrencies, is likely to be elected, and Ethereum ETFs have begun trading. With these multiple positive factors, many people think that cryptocurrencies may reach an unprecedented height in the future. Everyone is greedy, so you should start to be afraid at this time.

5. Half a month ago, the German government sold 40,000 bitcoins, which directly caused the price of bitcoin to fall from a high of 70,000 to a low of 53,000 US dollars. Many people bought the bottom near this point. In just two weeks, bitcoin returned to 67,000 US dollars. These high-leverage bottom-fishing people felt that they could open the road to wealth freedom with the contracts in their hands. It’s still the same question. With such easy money, are the capital tycoons philanthropists? Who can guarantee that Trump will be elected? Who can guarantee that the Federal Reserve will cut interest rates before September? Who can tell you that Ethereum’s ETF will definitely drive up prices? The 140,000 bitcoins paid by the Mentougou incident are still there, and the German government’s 40,000 bitcoins have hit such a big one. How much can these in Mentougou hit?

Now that I have talked about the general environment, let me talk about my personal predictions.

First of all, what is the future of cryptocurrency? The answer is yes. Cryptocurrency, led by Bitcoin, is subverting traditional finance. It is an irreversible trend. I even think that it is only a matter of time before the market value of Bitcoin exceeds that of spot gold and becomes the world's largest safe-haven asset.

However, with the participation of capital giants such as BlackRock, this circle has completely become a game for the upper class to harvest. It is very difficult for ordinary people to make money even in a bull market.

At this stage, everyone is bullish and everyone is buying at the bottom. Everything will start to be clear in the near future. The situation in the next six months is likely to be a double explosion of long and short positions, a wash-out, and then a crazy rise.

As mentioned above, the current overall holdings of the Air Force are about $1.7 billion, with the concentrated liquidation point being between $69,000 and $70,000. If capital wants to make a profit, the best way to operate is to quickly raise the price of Bitcoin to around $70,000 in a short period of time, detonate the main force of the Air Force, and then start to dump the market. After all, ETFs led by BlackRock have more than 900,000 spot coins after half a year of hoarding.

Bitcoin has risen to around 70,000 US dollars. As long as the main force of the air force is killed, the waterfall will come immediately. This wave of correction to at least 650-630 million US dollars will not give any chance to the bulls chasing highs. At the same time, those who opened longs around 60,000 will be completely trapped. After all, the positions in their hands have reached 70,000. Who would be willing to ship on the "mountainside"?

Then, it will start to fall continuously and occasionally plunge. At that time, all the bad news, such as interest rate cuts, Mentougou, and ETF holdings, may pop up at any time to cooperate with capital to harvest the bulls, drive down the price of Bitcoin, and then hoard a large amount at a low level, so as to completely control the discourse power of cryptocurrency. You know, if Trump is elected, Bitcoin may really be listed as a strategic reserve asset by him.

This pullback will be your last chance to get close to the bottom price of Bitcoin in your lifetime. It will go from 70,000 to 60,000 very quickly, and will continue to fluctuate and fall from 60,000 to 55,000, because during this period it will continue to absorb a large number of new chips from the bottom-fishing bulls, and then it will immediately fall from 55,000 to around 50,000, killing all the previous batch of bottom-fishing bulls, and causing panic among people, and you dare not enter the market. At this time, all capital giants will start to stockpile goods frantically, instantly pulling the price back to 60,000, and then pushing it to a historical high.

You asked me if it is possible for Bitcoin to reach $80,000 or $100,000 as expected within this year? Absolutely possible.

But by the time the price reaches that point, your position may have already disappeared. Start saving every bullet you have now and wait for the moment to buy at the bottom.


As market sentiment has warmed up, a potential coin is waiting to explode.

It is still very easy to double the money. At the same time, I am also preparing to find some potential coins to hold by the end of the year.

There is no problem in expecting 5-10 times the space, this is not a word game.

Continue to observe: nea, xrp, bonk, banana, doge, pepe, not...

Keep up with my pace 👈

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Leave a comment below: Go with the flow. I'll take you there for free!
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