In the financial storm last night, Bitcoin once broke through the 59,000 mark, and Ethereum also jumped to the 3,200 level. However, after this short-lived carnival, the market has seen a dramatic reversal. For those investors who are immersed in the positive CPI data and expect the market to continue to rise, this is undoubtedly a heavy blow.
Many people did not leave the market in time when the market was soaring, and now they are facing a rapid market correction and feel helpless. They have come to me for help and asked how to deal with the current predicament. My answer is always the same: investment is like a battlefield, you must always be vigilant and flexibly adjust your strategy according to your risk tolerance and financial situation.
The short-term fluctuations of the market are difficult to predict, which is the charm of investment, but also its risk. I have repeatedly emphasized that long-term investors should ignore short-term ups and downs, while short-term operators need to resolutely stop profits at highs after buying at lows. Greed is part of human nature, but excessive greed often leads to unnecessary losses.
Although last night's CPI data was positive, the market reaction was unexpected. Bitcoin and Ethereum fell back quickly after a brief rise, which once again reminds us that data is not omnipotent, and market sentiment and capital flows are equally important.
At the same time, the U.S. stock market also experienced a thrilling night. The market value of the six giants evaporated by as much as 600 billion U.S. dollars, and Tesla's stock price plummeted by 8%. In contrast, the callback of the cryptocurrency market was relatively small, showing a certain degree of resistance to decline.
However, the future trend of the market is still full of uncertainty. Although the selling pressure in Germany has gradually subsided, the selling pressure in Mentougou has just begun to appear. The potential selling pressure of 8 billion US dollars is a huge test for the current market. In addition, institutions such as Genesis are also selling Bitcoin, further exacerbating the selling pressure in the market.
Despite this, we don’t have to be too pessimistic. The market buying power should not be underestimated. Wall Street institutions and cryptocurrency giants such as Sun Ge have already begun to quietly buy at the bottom. Although Sun Ge’s huge Bitcoin long order seems to be a loss at present, this may be just a piece of cake for him who is worth tens of billions.
In this ever-changing market, retail investors must keep up with the pace of the market makers if they want to make money. However, bottom fishing is not easy and requires precise grasp of rhythm and timing. We must always remember: Don't worry about gains and losses. It is unrealistic to pursue perfect bottom fishing.
In the long run, the foundation of the bull market is still solid. Every bull market will go through a long period of trials and tribulations before it starts, which is the process of self-adjustment and improvement of the market. We must maintain confidence and patience and wait for the moment when the flowers bloom.
Finally, I would like to remind everyone that the key to gaining a foothold in the cryptocurrency world is to choose projects with long-term value. Time-tested high-quality projects such as Bitcoin and Ethereum are the focus of our investment. For those emerging new concepts and high-risk projects such as Dogecoin, we should remain cautious and try with a small position. In this market full of challenges and opportunities, I hope we can all become wise investors and welcome the prosperity and glory of the future together.
#BTC下跌分析 #cpi #美联储何时降息? #币安合约锦标赛 #美国6月CPI大幅降温
The opportunity is short, so you must seize it! Success does not depend on luck, choice is more important than hard work, and your circle determines your destiny.
If you can't find your way in the cryptocurrency circle and don't know what coin to buy, click on the avatar and take a closer look.
Free sharing of more information and strategies related to the cryptocurrency world. $BTC