Will the dog dealer let you, a retail investor, make money so easily?
The crypto market is different from traditional markets such as the A-share market. Listed large companies need to announce in advance when reducing their holdings in order to avoid unnecessary speculation. The currency circle just doesn't have such a mechanism, and everyone habitually ignores that the project parties in the currency circle also have hard expenses, which require project research and development funds, developer dividends, and other places where money is needed. Therefore, once the foundation sells coins, the uneasy mood will rise to the extreme in the short term.
By the way, will the dog dealer let small retail investors like us make money easily? Obviously, it's impossible, right! The long and short sides call each other stupid, which is not only an emotional confrontation, but also a prelude to the turning point of the market. In the face of the positives in the next quarter, how much splash can these negatives in the short term make?
In terms of macroeconomics, the Bitcoin spot ETF had a net inflow of US$533 million yesterday, and the bullish sentiment in the off-site market continued to remain optimistic. CME currently gives a probability of a September rate cut of 94.2%, and with the orderly decline of inflation and the cooling of the labor market, the discussion of three rate cuts within the year has become more intense. In any case, as long as the interest rate cut valve is opened in September, the crypto market will be red in the fourth quarter, so let's look forward to it.