Market summary:
The current economic environment, the data of the crypto market and the data of funds are not optimistic. For the current rebound, my view is still to pay attention to the breakthrough of key resistance positions, pay attention to false breakthroughs, and technical invalid rebounds, which are not good for bulls. On the contrary, this is to give bears more opportunities. There is also a big premise that the price drop and the sluggish market sentiment do not directly enter the bear market. Bitcoin will rise on a large scale, which must be accompanied by a healthy correction. The correction is conducive to opening a real bull market. At the same time, we can also see that with the rebound of Bitcoin, the sentiment of the cottage rebounds better. In other words, even if Bitcoin continues to pull back, once it stabilizes, the cottage is still an opportunity for rotation, while the real bear market is a market with a long-term oscillation. So don't be overly pessimistic.
For the breakthrough rebound, don't be blindly optimistic about the rise and bull return, and control the risk yourself.
As for the overall economic environment, the previous section said that once the Fed cuts interest rates, we may face global hyperinflation. Although this is not good for economic development, for the investment market, once the Fed cuts interest rates continuously, it will form a loosening of funds. Although accompanied by inflation, it will stimulate the crypto market to have a better anti-inflation function, and will add more funds to this bull market.
Now that the market has become quiet, I hope everyone will put aside their impetuous hearts, spend more time living, and spend more time learning to improve their cognition. You must know that if you lack cognition, you will lose money in the bull market. This is normal. Now that the pace of making money has slowed down, it is better to take this opportunity to study hard and improve your cognition.