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 was obvious that the Shanzhai funds could not keep up. It should be because there was ETF funds flowing into BTC, but there was no ETF funds flowing 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 ran too fast. When the big brother retreated, the younger brothers could not speed up to catch up with the big brother. It is more likely to retreat with the big brother, or just make a nest 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 the price of the big brother falls to a level not far from that of the younger brothers. At this time, the big brother restarts, and the younger brothers have already made a nest and resumed their strength.
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. In the past, 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%#大盘走势