The world is bustling with people, all for profit; the world is moving, all for profit! Hello everyone, I am your friend Lao Cui Talking about Coins, focusing on digital currency market analysis, and strive to deliver the most valuable currency market information to the majority of coin friends. Welcome the attention and likes of the majority of coin friends, and reject any market smoke bombs!
As expected yesterday, the price of the coin went up smoothly. This also caused a group of coin friends to ask Lao Cui, where is the peak of this wave? There is no top in the bull market, and no one can see where the peak of the bull market is! There are also coin friends who chatted with Lao Cui for a long time and found that many friends have a misunderstanding, that is, is it a bull market? Ladies and gentlemen, time flies. You can compare the trend of last year. At the beginning of 23 years, the price of Ethereum was still at a low of 800, and now the price has reached 3000. The overall increase is the leader of all investment markets in the whole 23 years, and it can be said to be a unique one.
Compared with the world economy, it is still in the stage of recovery from the downturn. The cryptocurrency market can perform so well thanks to the safe landing of Bitcoin. Many people may think that this news is harmless, and few people can face the importance of this news. What does listing mean? It means that all capital in the world will focus on the cryptocurrency market, and there will be giants to conduct in-depth research on whether it is worth investing. Even if only one person can take a fancy to the cryptocurrency market, it will form an effective push for the cryptocurrency market.
Now let's talk about data. Before the listing, the price of Bitcoin continued to fluctuate in the range of 20,000 to 30,000 yuan. Since the news of the upcoming listing came out, the price has broken through the 40,000 mark. It is the confirmation of the listing that has attracted retail investors to enter the market, and the price of the currency has reached more than 50,000 yuan. This wave of fluctuations has led to the doubling of the currency price. Similarly, Ethereum is also rumored to be listed, and the source of the news can almost be said to be a foregone conclusion. The exchange has tasted the sweetness of Bitcoin's listing and will definitely plan news about other currencies. Once Ethereum can be listed, I believe that doubling is only the weakest link in the ideal. The embodiment of value is definitely not just given by the news of listing. At present, Ethereum is only following the rise of Bitcoin. The potential of Ethereum is greater than that of Bitcoin, and the increase is also greater than the existence of Bitcoin.
According to the current progress, the growth of Ethereum will continue. It is reported that it will be listed within 24 years. The more radical view is that it will be listed in May-June of this year. Putting aside the time, the listing is definitely a foregone conclusion. The profits of Bitcoin are seen by the top management, and the hard work is a win-win result for both parties. In other words, the news of the listing has caused the price of the currency to continue to rise. It is theoretically almost impossible to have a deep correction. Compared with the current growth, there will be a significant correction unless the 3000 mark cannot stand firm. Once it stands firm, it will rush to the 3300 position, and the listing will at least touch the 4000 mark. (There is no top in the bull market, this is the most conservative idea)
Finally, let's summarize. In terms of the amount of funds, more and more giants are involved in the market. Grayscale, Musk and others are still investing in the market. In terms of news, with the completion of the listing reserve of Ethereum, I believe that there will be another wave of growth. The bull market has basically started last year. It is more difficult to fall off a cliff than to set a new high. The situation in the market is definitely dominated by bulls. As long as there is no devastating blow, there will be almost no large-scale decline. You can buy the bottom of the spot and go long in the contract. Both will not cause big losses.
Lao Cui’s message: Investing is like playing chess. Experts can see five, seven or even more than ten steps ahead, while those with lower chess skills can only see two or three steps ahead. Experts consider the overall situation and the general trend, and do not focus on one piece or one place. Their goal is to win the game in the end. While those with lower chess skills will fight for every inch of land, frequently switch between long and short positions, and only try to win in the short term, resulting in frequent setbacks.
This material is for learning reference only and does not constitute buying or selling advice. If you buy or sell based on this material, you will be responsible for the consequences!