During the Qingming Festival, in just a few days, the main force used various negative data and ugly K to wash out a large number of people.
Not to mention what various analysts on the web say, such as the Wave Theory, they all say that the decline is about to begin, especially since the copycats have already dived before Bitcoin, so they should escape quickly.
Sometimes I really have to admire them. I think the truly awesome psychologists and counselors are all in the financial circle.
Yellen has also come, Macron and Schulz are also clamoring to force NATO to step down, Israel has completely gone berserk, and gold has reached a new high.
The PCE came out on Friday out of nowhere. With this employment number, Powell can be as stubborn as ever and refuse to cut interest rates. He can continue to hold his breath and pump money at high interest rates. He may even raise it twice. He will just hold it back and drag it out, even if he can't even pay the interest.
After the Bitcoin ETF passed several rounds of violent rise, it began to twist here and there, rushing up and coming back.
What's even more disgusting is that he rushed forward to suck the blood of the whole field, and then immediately came down to destroy the whole field.
Many little brothers: Why is it always me who gets hurt?
99% of small retail investors do not have any Bitcoin in their hands, they are all small brothers.
So, unknowingly, the copycats have already played along with Bitcoin and washed the dishes cleanly.
If you don’t believe me, just go and look at the rates. The crazy 0.06% a while ago has now returned to the normal number of 0.01%.
The PCE data on Friday night was negative, which once again confirmed the truth that negative news at a low level is positive news, and positive news at a high level is negative news. It’s just like the previous negative news that an ETH ETF was issued at a low level and failed to pass, and then it rose back up. Everyone must remember this.
Bitcoin is expected to reach new highs, and then continue to fluctuate like this.
![](https://public.bnbstatic.com/image/pgc/202404/f940c83c514b6517a84ff74188b6c260.png)
Four-hour trend, strong beyond compare
A long time ago, I analyzed that the prince in this round will be very strong, and stronger than many people expected.
Of course, several old PoW clones are very strong. I personally think that in addition to the technical aspects that have been washed away for a year or two, the most important thing is the radical change in fundamentals brought about by Coinbase's recognition of them.
Also, POW is more in line with the background of value storage compared to POS and unlimited unlocking, so the Prince mentioned before, the ETC mentioned now, including spicy strips and so on are all good.
Other brothers can continue to take it, as expected.
Many people say that the copycats here have reached the top before the big pie and they want to run away. I don’t agree. Instead, I think that next, the little brothers will rush in for a month or so, and then slowly end this round of noise, leaving those who are now skeptical and completely crazy in the future on the top of the mountain once again.
I will post my own operation suggestions and market views in the small circle every day, ambush high-quality currencies, welcome everyone to join the May small circle and seize this bull market with me$BTC $ETH #sui #SHIB #Meme