Bitcoin is already 66,000, but the copycat is still stagnant. I have a lot of copycats, but they are not rising but falling. What should I do? Will Bitcoin rise by 100,000?

After the CPI data was released, it directly reversed the trend of Bitcoin. The bulls went straight up without any callback. A big positive on the daily line directly laid the foundation for the bullish trend of Bitcoin.

As for this round of copycats, the biggest conclusion we have drawn is that the more retail investors there are, the easier it is to collapse. The lighter the project, the easier it is to pull the market! Whether it is large funds or small funds, the cryptocurrency circle has underperformed the US stock market in the past two months. Whether it is a big blue chip or a big meme like GME, the US stock market has huge trading volume and growth. This may be a historic turning point.

In addition; history is always surprisingly similar. Some people say that Bitcoin is rising in this round of market, but the copycat is not rising. Bitcoin is sucking blood, which is the first step of the bull market. The next step is that Bitcoin is sideways and the copycat is dancing wildly, but I think it is the speculative market that has no money to rise generally, and pull up shipments.

When BTC was only more than 20,000 US dollars, we can draw a conclusion based on the total market value of stablecoins and the data of the main stablecoins stored in the exchange, that is, at the beginning of 2023, the funds in the market are enough to pull BTC and ETH to the highest price in history, but why the price at that time is only 30% of the highest price, not because there is no money, but because the funds in the market can't see the motivation to go down.

And it is very likely that the stimulation of external funds drives the flow of funds in the market. Through the data of BTC spot ETF, we can see that more than 530,000 BTC were net purchased within four months. This amount of funds has basically nothing to do with stablecoins. It is all driven by the U standard. The market value of the main stablecoins has repeatedly broken new highs this year, and the price of BTC has also broken through 73,000 US dollars in stages. Therefore, the current funds are enough to trigger a larger bull market, but it must be stimulated and driven by external funds, and external funds rely on the improvement of liquidity. From the essence of the currency market, it is a favorable stimulus, such as spot ETF, such as halving, such as FASB. From a macro perspective, it is the end of the interest rate hike cycle, water release, and the US election.

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