After falling below 65,000 points, Bitcoin did not go down further, and directly pulled back on the daily line. It is now close to 70,000 points. Judging from the current rebound and volume, Bitcoin is temporarily in a short-term rebound, and it is expected that there will be another round of downward trend before reversing to a new high.

I have been resting recently. My health condition has been very bad after the COVID-19. The flu is rampant, so everyone should pay more attention to their health.

From a macro perspective, last week, whether it was the ETF inflow and outflow data or the Federal Reserve data, it was a week with a relatively large difference between long and short positions. Last week, the overall ETF net inflow was more than 7,000 bitcoins, setting a record high in inflow. It is expected that Grayscale GBTC will officially slow down its outflow starting this week.

Friday's non-farm payrolls data went off the charts, and global commodities including gold rose sharply. The crypto market rebounded after a brief decline, and the probability of a rate cut in June was further reduced. The current high interest rates are extremely uncomfortable, and a rate cut does not conform to the current actual inflation environment. Without a rate cut, traditional finance may not be able to survive the next year safely.

Less than two weeks before the halving, the market is becoming more and more depressed. There has always been a round of declines before the halving, and this time there must have been an accident. As a front-line participant in the market, while maintaining long-term optimism about the future, it is inevitable that we will feel extremely helpless about the current market. There is no way, the market is like this, and it is simply a fantasy to expect it to prosper forever.

We always say respect the market, which actually means to look at the ups and downs of each market rationally. If the market rises too much, it will fall, and if it falls too much, it will rise again. This is the law of cycles. For example, at present, we all know that every three months is a cycle, and the market will definitely rise one wave after another. If we can survive it and others cannot cheat us of our chips, then we can become the final winner.

A friend asked me, if we know that there will be a back and forth shock adjustment, can we clear out all the chips in our hands and then buy them back? I think it is possible, as long as you are sure that you can buy at the low point you think, and then you can withstand the extreme terror brought by the market during the decline.

In fact, Uncle San's strategy has always been the simplest. If the macro trend remains unchanged and there is no time to stop the loss of the linked decline driven by the big cake, then just ignore it. Uncle San has always had the same view that the rise of the bull market is certain, but the fall is uncertain. In the cycle of certain rise, I have enough patience and expectation to get the high result.

I remember when the 10x coin series was released at the end of last year, Uncle San said that if you don’t know what to buy in this bull market, just play these ten coins well. This is indeed the case. Some have reached a ten-fold high, some are still below the cost, and some have rebounded to a certain stage. In any case, all the targets have reached the expected high, and I still remain relatively optimistic. Playing well in a sector within your cognition is much more stable than chasing hot spots that are actually impossible to catch up.

The short-term market is really boring, so let me talk to you about these irrelevant things. The new round of layout will start after the bottom of the last correction appears in the middle of the month. Be patient, and the market will give us opportunities.

BTC: Bitcoin started to rebound after only reaching 65,000 points. The current strength is unlikely to support the recent high. Uncle San predicts that the rebound will reach a short-term high in the next two days. If there is a new high in ETF buying, it is expected to reach above 71,000 points, but it is still difficult to break the previous high. It is expected that the market will start a new round of correction around next Wednesday, reaching the market low in the middle of the month, and officially start a new round of general rise with the end of halving. From an optimistic point of view, the market that breaks 60,000 basically does not exist. The wash of profit-taking depends on who can't hold on to the chips. If you hold on, you will still be the first echelon of meat in the later period.

ETH: Ethereum positions have always been relatively moderate, there is really nothing to say, the weakness is linked to Bitcoin.

Others: The targets for replenishment will continue to be watched on dips during the week, and are expected to be hyped up after mid-April.

Finally, stay away from leverage and stock up on spot goods! #Meme #大盘走势 $BTC