Liang Xi doesn't dare to short sell anymore. The number of people short selling has increased sharply. Currently, the funding rate of Binance BTC contract is negative.
This is good news, which proves that the current market sentiment has not recovered.
Many people believe that the positive news has been released after the halving, and BTC will fall sharply.
JPMorgan Chase predicts that it will fall below 50,000 after the halving.
But the market is cruel and ruthless. It is impossible for everyone to make money.
Its development direction is always contrary to most "experts".
From the data on the chain,
in the big drop last week,
the big capital of bottom-fishing withdrew a lot of BTC from the exchange.
After the halving, the number of stablecoins in the exchange has increased.
With the easing of geopolitical tensions in the Middle East,
and the inflow of ETF funds this week,
BTC will continue to remain strong and challenge the previous high.
Hold the currencies that were previously bottom-fished patiently.
Do not increase the position of floating profit funds, and remain cautiously optimistic.
