At any time, Bitcoin can be stabilized at more than 60,000, which is the only time since its birth. Everyone's expectations for the currency circle are too high. This is also the central idea of ​​Lao Cui's article yesterday. It is not to discredit the currency circle, but I hope that everyone can have a clear understanding.

The most important point is the impact of the entire financial environment. Under big data, no enterprise or individual has a large amount of capital investment. Under this premise, the currency circle still maintains a high growth rate, which is also a condition that all financial markets do not have. Especially in several rounds of callbacks, there has been no large-scale escape of original funds, which is also very telling. In particular, Hong Kong's attitude towards the promotion of ETFs is becoming more and more positive. The overall trend is that as long as the financial environment improves, Bitcoin and Ethereum will definitely show a large amount of growth. The space will definitely be high. Lao Cui's article yesterday was also for the short-term and medium-term. The short-term sentiment will definitely rise, and large funds cannot intervene. The short-term and medium-term level will definitely tend to run short. Spot users need to have a certain degree of patience and a strong mentality to face the shortcomings of human nature.

In general, the current stage is in a wide range of fluctuations, and this situation is difficult to break in the short term. The only hope is to be listed in Hong Kong. Hong Kong only represents the traditional capital flow in Asia. As mentioned above, the overall capital flow in Asia is almost in a state of self-protection. Even if it can be successfully listed and a large amount of funds are introduced, it is impossible to stabilize the 70,000 mark. I hope you can understand this. Simply put, it can attract some funds but cannot retain them. This is the disadvantage of the current currency circle. The listing is definitely good news, and it will also drive a wave of growth, at least it can break the short-term wide fluctuations. The reason for saying this is to remind contract users that the range will be broken in the near future. The era of high-altitude and low-multiple is coming to an end. Of course, it will eventually return to this stage. Don't rely on this tactic for the time being. If you don't know the specific problems, it's better to ask.