The world is bustling with people, all for profit; the world is moving, all for profit! Hello everyone, I am your friend Lao Cui Talking about Coins, focusing on digital currency market analysis, and strive to deliver the most valuable currency market information to the majority of coin friends. Welcome the attention and likes of the majority of coin friends, and reject any market smoke bombs!
Yesterday, we also talked about the growth around the May Day holiday. Both the contract and spot users think that it is because of the holiday. Everyone thinks too superficially. The cryptocurrency market has indeed encountered many holidays and growth trends. These problems are not caused by our holidays. The last bull market also started from our National Day. The growth factors of this round are more derived from the recent listing of ETFs in Hong Kong. At least it will get rid of the competition for the 60,000 mark. For ordinary users, it is indeed a good position to ambush in advance. The listing node is getting closer and closer, and it also forces everyone to enter the market more and more impatiently. The short-term will definitely be in a callback stage. The impact of the listing will definitely have time differences. Before the funds are injected, the overall market will be in a state of shock. Spot users can indeed choose this wave of entry opportunities.
For the contract, in the short term, it is in the stage of high callback. The short-term stop loss point is around 1000 points, and it is definitely mainly short. As for the mid-line problem, everyone's consideration is more about the amount of funds. Only when the funds are strong enough can the long orders be arranged. If the specific points are not grasped, you can consult Lao Cui. The listing in Hong Kong means that traditional funds in Asia can intervene, but the current financial situation in Asia is not optimistic, especially the plunge led by the yen, which has hit a new low in 30 years. Although our export volume can offset the overall impact, + Author: shi9527111 But the impact on the funds of the currency circle is still relatively strong. Normally, the listing in Hong Kong can at least enable Bitcoin, the leader in the currency circle, to hit the 70,000 mark and show a stabilizing trend. Only in this round of growth, Lao Cui estimates that it can hit a new high, but stabilization still needs to be considered.
Therefore, when you are setting up an ambush, you must judge the situation and try not to be too greedy when you have profits. When you enter the market in batches, you must also be prepared to withdraw at any time. USDT has always been maintained between 7.3 and 7.4, which means that the growth of the overall market is within a controllable range. Even if there is a breakthrough in the new high, it is impossible to present a stabilizing form. However, the listing condition is definitely good news. The halving effect of Bitcoin will have a delayed effect for us. It may take several months for the sequelae to be transmitted to the currency circle, and this precipitation is very likely to be in time for the American interest rate cut. With the cooperation of these two, Bitcoin has set a new high and is stable, which is very simple. Therefore, before the listing news is officially landed, everyone can rest assured to make shock gains on both sides. The transmission of the amount of funds also requires a certain time difference to come to the market, thus affecting the trend of the market.
In summary, the overall impact will not be too great, but it will cause fluctuations in our market. Contract users still need to focus on the USDT exchange rate to operate, and the ambush long orders must be carried out with small positions. Looking at the economy of Asia as a whole, there are only a handful of countries that can currently have a large amount of funds entering the market. You don’t have to count on Japan and South Korea, and the user base of these two countries is also the largest in the currency circle. It is still a bit of a fantasy to rely on retail investors to pull the entire market. For the entire later trend, it still depends on our actions. Although the base of Hong Kong’s currency circle users is large, we will definitely not invest in it from the perspective of the entire national policy. Therefore, the listing situation in this round is definitely not as good as the previous American’s existence. The wave of listings in the United States has raised the entire currency circle to a higher level. Bitcoin has also risen from 20,000 to nearly 30,000 to 73,000. This round of listings is expected to stabilize at this point, which is very good. The focus is still on the USDT and Asian funds.
For all users, as long as long orders are trapped, the problem is not serious. The best situation is not to let short orders be trapped. Trapped short orders may require time to untie in the later stage. I believe you all know clearly that it is better not to catch short positions in the short term. The momentum brought by the listing may cause short orders to be trapped. The current volatile market is still something you need to pay attention to. If short orders are profitable, try to exit. If long orders are trapped, you can wait temporarily. (It is not to let everyone be fearless of being trapped. The overall decision depends on the amount of funds)
Lao Cui’s message: Investing is like playing chess. Experts can see five, seven or even more than ten steps ahead, while those with low chess skills can only see two or three steps ahead. Experts consider the overall situation and the general trend, and do not focus on one piece or one place. Their goal is to win the game in the end. Underachievers fight for every inch of land, frequently switch between long and short positions, and only try to win in the short term, resulting in frequent setbacks.
This material is for learning reference only and does not constitute buying or selling advice. If you buy or sell based on this material, you will be responsible for the consequences!