This week's market is centered around the Federal Reserve meeting. I think the market direction for at least the next one to two months is as follows:
1. Talk about the market:
The Federal Reserve announced its June interest rate decision, with two points: 1. The rate hike in May was postponed, which I have said before, is not a positive;
2. Regarding the statement on interest rate cuts, it is said that there will most likely be two more rate hikes this year. This statement has basically collapsed. The capital market is completely scared. At the beginning of the year, everyone unanimously expected that interest rate hikes would completely stop in June or even be cut. However, the current situation is obviously much more hawkish than expected, so don't expect the subsequent market for the time being.
Regarding the subsequent scripts, I am more inclined to script two at the moment, but this is not a good thing. Although I am short, I still want to get a wave of profits before the big bull market. If it falls directly now, I will earn less, which is quite depressing.
Scenario 1 for the future:
The market will consolidate at this position for a while, and then the irresponsible scenario of the market in the second half will be deduced: a black swan will directly hit the bottom for the second time, and then the bull market will start;
Scenario 2: The market falls directly to the second bottom, consolidates at the bottom for a long time, and then starts a bull market
There are many opportunities waiting for us. Although the market has fallen badly, and although I am still bearish, everyone should be full of hope. Many tokens have actually fallen quite well. And there is another good news. The big cake and the second cake have also started to fall. This means that the room for the altcoin to fall will not be too large. Be ready to buy the bottom in batches. (I am afraid that readers will misunderstand that the bottom buying here is not a one-time purchase, nor does it refer to the recent period)
It is easier to step on the market when the market is not good. I have said before that when the market is uncertain, you must be patient and don't rush to act. If the direction is not clear, the probability of acting is S. Everyone should understand the essence of DEFI, which is the bubble prosperity of assets. The left foot steps on the right foot to give birth to the infinite expansion of DEFI. Therefore, when one foot steps on the air, the speed of falling will be very fast and the fall will be very painful. So for the future market, when the bubble bursts, it may be the day when the bottom comes.
Today, a fan asked me if FIL still has a chance? Its average price of 65 has shrunk by nearly 20 times until now! You can imagine how powerful FIL marketing is.
The popularity of FIL is mainly due to domestic hype, which advocates IPFS storage mining and uses the CX model to attract a large number of investors who dream of getting rich through mining. Have you seen anyone hyping FIL abroad?
It seems that FIL has no hope now. It may be difficult to rise in the next few years. Look at EOS, the masterpiece of BM. It is expected to reach 500 after three waves. Now it is still hovering at 1. BitShares, which was once favored by people, has also been forgotten over time. But who can predict what will happen in the future? It may also decline. It may also be banned by other projects.
Nowadays, there are still some people promoting FIL mining. Black Cat Finance speculates that most of them are Ponzi schemes. So everyone should be cautious about those who are promoting FIL mining. Don't fill in the pit for others when you don't make money. Here are some suggestions for you.
1. Whether it is FIL or Bitcoin mining, mining farms without access nodes are all Ponzi schemes.
2. To participate in FIL mining, you need to pledge. It is similar to a margin. If someone tells you that you only need to buy a mining machine, they are probably trying to trick you into buying a fake mining machine.
3. If you participate in mining at a certain mine and find that the computing power has not increased, it is likely that the miner has oversold the computing power. If the situation is serious enough, it will eventually become a phenomenon of being unable to redeem. Another possibility is that you may be participating in fake mining.
4. Gas fees will be generated when the mining machine is packaged. The gas fee is determined by the number of people who package on that day. The more people there are, the more gas fees will be burned, and vice versa.
For me, FIL has already left the stage, no matter whether it can rise again in the future, I will not choose it!
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