BTC, the leader of the crypto market, has rebounded instantly after falling below 65,000 points recently, which seems to tell us: this is just the beginning! The rebound volume shows that the short-term rebound of BTC has quietly begun. However, before the reversal to a new high, we expect another round of thrilling downward market to await us.
At the macro level, last week's ETF inflow and outflow data and the Federal Reserve data were full of long-short competition. ETF net inflows hit a record high, and Grayscale GBTC is expected to officially slow down its outflows this week. All of this indicates that the market's direction is quietly changing.
Friday's non-farm payrolls data was off the charts, with global commodities rising across the board, and the crypto market also rising against the trend. However, the probability of a rate cut in June is further reduced. The current high interest rates are uncomfortable, but a rate cut does not conform to the actual inflation environment. This tangle of the traditional financial market will inevitably affect the trend of the crypto market.
On the eve of halving, the market's depressing atmosphere is getting stronger. There has always been a good round of declines on the eve of halving, but this time it seems to be unexpected. As front-line participants in the market, while we maintain long-term optimism about the future, we can't help but feel helpless about the current market. However, the market is like this, ups and downs are the norm.
We have always emphasized respecting the market and looking at every ups and downs rationally. Just like now, although the rebound of Bitcoin has begun, the correction before the new high is still inevitable. However, this is the opportunity for us to make a layout. As long as we have enough patience and expectations, we can become the final winner.
A friend asked, can you clear all the chips in your hand and then buy them back? Of course you can, as long as you are sure that you can buy at the low point you think, and can withstand the extreme terror brought by the market during the decline. But please note that this requires extremely high market sensitivity and judgment.
Uncle San's strategy has always been the simplest: if the macro trend remains unchanged and there is no time to stop the loss in the linked decline driven by the big cake, then just ignore it. In the context of the bull market where the rise is certain and the fall is uncertain, we have enough patience and expectation to get the high result.
A new round of layout will begin after the bottom of the last callback appears in the middle of the month. Be patient, the market will always give us opportunities. When the big cake breaks through 70,000 points again, or even higher, we will see the start of a new round of general rise feast.
In this market full of variables, we must always remain vigilant and confident. Because opportunities always come to those who are prepared. So, let us look forward to the market performance after the halving!
Brothers, remember one thing: we come to the cryptocurrency world not to double our money, but to turn things around!
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