Hello everyone,
I want to ask about the feelings of those who have gone through more than one season, what are your thoughts on this season?
Here are some of my feelings, I don't know if they are correct, please give your feedback:
1. Regarding the real trading volume, it seems to have decreased compared to the previous season (most of the volume comes from bots), so MM is swallowing liquidity more blatantly.
I don't know if it's due to the same type of psychological manipulation, but when I calculate liquidity, it usually swallows exactly that liquidity.
2. About BTC: The fact that large funds hold too much $BTC makes price manipulation easier. They keep the BTC price quite stable.
3. With BTC being ETF, funds will sell BTC ETF to investors (This will ensure profits) making it harder for BTC to drop deeper than in other seasons.
Instead of dropping $BTC to pressure Altcoins, they pressure DOM to pressure Altcoins.
So, BTC dominance like last season is possible, but the BTC price will not be the same.
That is my feeling for this season.
How do you feel? Let's exchange to interact and learn more.
P/S: Many naive young people still think that the funds are currently buying BTC, ETH 😂
Investors are just buying ETF certificates from the funds 😆 The funds bought when it was at 17k already. You think the 1 trillion fund is naive like that 🥰
I have a question for you:
IF YOU HAVE 70% OF THE GOLD SUPPLY IN THE WORLD. AND YOU CAN PRINT GOLD CERTIFICATES ON PAPER, SELL THOSE CERTIFICATES TO GET REAL MONEY.
WILL YOU SELL YOUR REAL GOLD?
Answer it, then reflect on it. 😚😚😚