I want to talk about my personal thoughts on the Shanzhai
From the waterfall stage of Shanzhai, it can be seen that the big funds are withdrawing quickly. Why is it so urgent? I think it is because the growth rate of the big cake is too fast, and the subsequent Shanzhai funds can't keep up. It is necessary to sell at a high point and absorb chips again at a low point. Otherwise, when the market pulls back and the situation is not good, the Shanzhai needs more funds to pull the market. It is better to run now and absorb chips again at the bottom to save a wave of money.
After all, when the big cake quickly reached a new high, it is obvious that the Shanzhai funds can't keep up. It should be because there are ETF funds flowing into BTC, but there is no ETF fund inflow into the Shanzhai. The premise of the collective Shanzhai rise is that the market needs to stabilize. Although October or November is the unified starting point, the big brother runs too fast. When the big brother retreats, the younger brothers cannot speed up to catch up with the big brother. It is more likely to retreat with the big brother, or just stay in place and wait for the big brother to come back.
Imagine that if the younger brothers want to follow the big brother to charge together, the premise is that when the price of the big brother falls to a level not far from that of the younger brothers, the big brother restarts at this time, and the younger brothers have already made a nest and continued to work hard.
The question is whether Bitcoin is willing to stabilize at 60,000 or return to 50,000 or even lower to accumulate strength again. From the perspective of weekly K combined with the past, the current correction is quite small. Before, Bitcoin rebounded after a 50% correction. Now Bitcoin has only a 15% correction. The cottage reaction is too big.
The stock of the cottage should be enough, just waiting for the right time. ETH can instantly pull 2%.
