It started falling again.
The U.S. stock market continued to fall after opening, and the cryptocurrency market was also affected, and now it has fallen below 58,000.
With this trend, short-term investors are in hell and suffering terribly.
Of course, bloggers like Shisan also have a hard time. I am a long-term investor and I really don’t want to look at the short-term market conditions, but there is no way. If I want to output content, I must receive various cryptocurrency information every day.
Several big brothers in the circle now hardly look at the market and just buy and hold on.
They are happy because the market will inevitably have ups and downs on the way to six digits. If we can stand from a God's perspective, we will find that these ups and downs will eliminate most people.
Will Bitcoin reach six figures by the end of the year after 25 years?
Thirteen believes that this is not an unattainable goal and it is very easy to achieve.
However, in the short term, the current market situation is indeed torturous, so Shisan has repeatedly suggested that everyone should take a good rest, stay away from the cryptocurrency circle for a while, and come back after two months. You will find that everything you lost has returned.
Every day’s article Thirteen will give everyone a boost, but it is not a lie, but an objective fact.
Expectations for this bull market remain firm.
Since you are a fan of Thirteen, facing the current market situation, you actually have no other choice but to remain confident with Thirteen.
2，
Will Bitcoin definitely fall in September?
According to historical rules, September is indeed a very difficult month.
But history can only be used as a reference and will not simply repeat itself, especially now that the selling pressure in the entire market has been almost absorbed, and there is less and less room for further decline.
Unless something bad happens, like Ethereum crashing or BlackRock crashing, etc...
Otherwise, a sharp drop of half the market is basically impossible.
But the future is uncertain, and we must always be prepared for a situation where our business is cut in half.
After the Bitcoin ETF was passed, according to the Bitcoin ETF inflow and outflow statistics, each continuous outflow of the ETF will be followed by a wave of increases.
This time, the ETF has seen outflows for four consecutive days and continues to be weak. Will it see a wave of increases in the next few days?
This situation is very likely to happen.
After all, there is still a continuous inflow of funds into BlackRock's ETFs. As the top of the pyramid in this world, their decisions often represent trends.
Their holding cost is above 66,000, so what do we have to worry about?
Leave everything to time, and the rest is just to work hard to make money. Don't always stare at the market. It keeps going up and down, and your heart can't take it.
3，
In September, the interest rate cut cycle is about to begin.
Will the price of Bitcoin rise during the interest rate cut cycle? An analysis of the historical market trends of Bitcoin during the interest rate cut cycle shows that it is not necessarily the case.
In the last round of interest rate cuts, Bitcoin first experienced a halving before it began to take off.
But times have changed.
Now there is not only a rate cut, but also a presidential election, and a Bitcoin halving cycle...
Two things may happen after a rate cut:
The first one is oscillation, followed by a slow rise, ushering in a slow bull market.
The probability of this happening is high. After all, it is difficult for the cryptocurrency circle to have nuclear-level negative news now, especially after top institutions such as BlackRock have entered the market, it is highly likely that such extreme situations will not be allowed to occur.
As mentioned many times in the previous article, the existence of ETFs and the entry of traditional capital have provided support for the Bitcoin market.
The previous frequent crashes may never happen again.
The second type is a sharp drop first, followed by a round of violent bull market.
Thirteen actually hopes that this situation will happen, because it means that in this bull market, we in the Thirteen Circle will be able to get more meat.
Thirteen, known for its prudent investments, may be able to maximize profits while bearing reasonable risks.
The basis for a sharp drop is a sudden crisis. Thirteen thinks the probability of this happening is low.
If this really happens, and the price is cut in half from the current level, that is 29,000. At this position, even a pig would know to buy at the bottom.
Shisan will decisively increase leverage and enter the market at this position.
Don’t care about life or death, just go all in.
3，
Most investors in the current market are bearish, and there is a divergence between the opening volume and funding rate of Bitcoin contracts.
This shows that there are more and more short positions in the market, and the bulls have been beaten to the point where they can no longer raise their heads.
This situation reminded Thirteen of the peak of the market in March, when the market contract opening volume also diverged from the funding rate.
However, at that time, the Air Force was in disarray, while the multinational forces were unstoppable.
I remember that at that time, Shisan told everyone about the risks in his articles every day, asking everyone to take profits reasonably, or at least set a stop-profit level. The risks of the market were getting higher and higher as it continued to rise.
The shit was sprayed out of me by countless people.
As a result, the market has fallen so much since March. In fact, Shisan did not expect that the market would continue to fall for half a year. No one could have predicted such a market situation.
The market is sluggish now, and Shisan has started to recharge everyone's faith in his articles and firmly maintain a bullish view.
If we switch ourselves to the perspective of the dealer, you will find that the Air Force is now a gold mountain.
The market will at most continue to fluctuate in September and even have an occasional spike to wear down everyone's confidence, and then explode in October, completely using the air force as fuel for the rise.
The probability of this happening is extremely high, so everyone should be careful.
It is best to stay away from contracts and embrace spot.
