In-depth analysis: The mystery of the US stock and Bitcoin plunge, the truth behind it is revealed!
In fact, the US economic data is too good, a little too good. You see, there are so many job vacancies in November, and the ISM non-manufacturing index also exceeded expectations. These are all good things, but the market panicked. Why? Because the economic data is too strong, the hope of interest rate cuts is slim. The expectation of US interest rate cuts next year has now been reduced to less than once, and the US Treasury yields must also be adjusted, and the stock market is under great pressure. There is also less room for interest rate cuts here, and the overall valuation of US stocks has to shrink, which is not a good thing.
In addition, the new US President Trump is about to take office, and his tariff policy and tax reduction plan have made the market worry about inflation and government debt. The issuance of treasury bonds by the US Treasury is also a major factor.
The expectation of interest rate cuts has weakened, and Bitcoin has also been affected. But in the long run, the economy is strong, and there is no big problem with US stocks. It’s just that they have risen too much and need to be adjusted. The market will repair itself. This wave is mainly caused by the collapse of the cryptocurrency circle by the US stock market. When the US stock market stabilizes, Bitcoin will also rise.
Don't panic, the rise and fall of the currency circle is normal, treat it with a normal mind. Now the market is plummeting, remember to bring stop loss when playing contracts, and don't play if you can. So many positions were blown up yesterday, all of which were long orders.
Some people ask what stage of the bull market is now? This question cannot be generalized. If you think it is the early stage of the bull market, then slowly lay out; slowly leave the market in the middle stage; arbitrage and protect the principal in the late stage; short position in the early stage of the bear market, etc.; research potential projects in the middle stage; withdraw cash and enjoy life in the late stage, and wait for the market to improve before buying the bottom.
The currency circle is a place where human nature games and beliefs collide. Every fluctuation is a screening and reshaping, eliminating followers and leaving those who understand the market. Remember this, we can go further in the currency circle.
The test of the big bull market is not only the rise and fall of the market, but also a test of our mentality. In the face of changes in the account, we must remain rational. Next, I will announce the next ten-fold potential coin inside! It is better to grasp it than to guess blindly! Like + leave a message, free sharing.
