Why has the market fluctuated for 4 months? Why has the market not risen sharply despite various good news, but it has not fallen sharply either?
In fact, all of this is a trap set by the market's dominant forces to cultivate the leek mentality.
In this way, they let investors form a mindset that makes them think that whenever the market rises slightly, it will fall. If they do not sell when it rises slightly, the market will fall. Therefore, they think that once the market rises, they must sell.
At present, the market is also cultivating a wrong mindset among investors. In the early stage of the bull market, the market's dominant forces will cultivate investors' thinking of selling when the market rebounds through trading trends, making them think that the market will not rise sharply, so they dare not hold for a long time.
Only when most investors form such a mindset, that is, the ultra-short-term thinking of selling when the market rises slightly, can the market's dominant forces collect more chips.
As for whether it is currently in a bull market, I firmly believe it.
The approval of Bitcoin ETF and Ethereum ETF means that the entire blockchain industry has landed. The cryptocurrency market is no longer a niche market, but an internationally recognized industry with potential.
Another positive for the capital side is that the Federal Reserve has begun to cut interest rates. The interest rate hike cycle has ended and has now entered a rate cut cycle. The next interest rate cut is a certainty, which is a long-term positive for the entire financial market.
Simply put, an interest rate hike means a bear market, while an interest rate cut means a bull market. This is the cyclical law of the financial industry.
However, many people are confused by the market's dominant forces because of the short-term trend. They always think that there is no market if they don't see the price rise after the good news comes out.
To be honest, if the price rises every time the good news comes out, and the price falls every time the bad news comes out, then what do professionals need to do? Anyone who hears the news can make money.
Therefore, as long as you believe in the law and can see the essential law of the entire financial market, then you must ignore the traps set by the market's dominant forces.
Finally, I would like to give you a sentence: "The financial market is never short of smart people, but only those with wisdom can achieve sustained profits.”
If you have any questions, please feel free to communicate!!!