BTC is falling instead of rising. Is there any hope? What is the current strategy?

1. Market pressure and market conditions

Bear market declines and bull market fears bring pressure. The recent market is weird and cloudy.

2. Data situation

On-chain data shows that BTC flows into exchanges, stablecoins flow out, ETF fund inflows slow down, and Grayscale has sold a large number of coins.

Analysis of the reasons why BTC does not rise

1. Big funds are worried about war conflicts

Because war conflicts may cause BTC to fall sharply, BTC, as a risky asset, has been worried by big funds. Biden has secretly authorized Ukraine to use US weapons to attack targets in Russia. Recently, Russia has frequently called on NATO, and the smell of gunpowder is very strong.

2. Worried about the impact of the release of a large amount of BTC held by Mentougou.

Once all the $9 billion BTC held by Mentougou are released, BTC will face huge selling pressure, which may cause the price to be halved.

The concept of $9 billion: It is equivalent to Grayscale selling $100 million of BTC every day for 90 consecutive days.

Impact of ETF: ETFs have an average daily inflow of $150 million, and it will take 60 consecutive days to offset the impact of Mentougou.

Therefore, large funds are retreating and preparing to buy the bottom after the black swan event occurs.

Operation suggestions

If there is no black swan event on the weekend, there may be a rebound. You can hold the currency first and wait for the opportunity. If the spot problem is not big, don't panic too much. When the good news comes, take profit.

Recommended coins

Recommended holdings: BTC, ETH, BNB, SOL, ONDO, CHR, WIF