Information and operational advice in the cryptocurrency world that every crypto enthusiast must see!!
Regarding positions, after two weeks of decline and consolidation, I have been urging everyone to buy the dip and hold patiently. Now the time for harvest has finally arrived. To make money in the crypto space, you must learn to befriend time!
Today, the hash rate of BTC mining once reached a historical high of 1000 EH/s, which is double the value from a year ago.
The increasing hash rate indicates that more and more people are mining,
The cost for miners to obtain BTC is rising, which is beneficial for the price increase. According to Macromicro's calculations, the current cost for miners to acquire BTC is around $88,000.
When the BTC price significantly deviates from the miner's cost,
For example, if mining can earn more than 30% (currently at $113,000),
The risk for BTC becomes very high because when miners make substantial profits, they will start to sell.
Market Analysis:
Currently, BTC's MACD daily line has just formed a golden cross.
The larger movements are still to come, and returning to previous highs is definitely possible.
Key attention should be paid to the following major trends and events!!
(1) The Federal Reserve's interest rate cut cycle is still ongoing, with three possible cuts in 2025, likely in March, June, and September.
(2) Trump is about to take office, and expectations for BTC to be included in the national reserves remain (regardless of whether it can be realized).
(3) In the long term, the consensus on BTC is continuously increasing:
1️⃣ After Trump takes office, U.S. tariff policies will exacerbate de-globalization, prompting other countries' central banks to buy BTC.
2️⃣ Expanding debt pressure affects the credibility of the dollar, strengthening BTC's position.
From various aspects of news, information, and policy-driven major events, all are favorable for a bullish outlook in the entire crypto space. Therefore, please hold patiently, do not miss opportunities, and do not short!
For those who have already seen gains, don't chase the highs. Wait for a pullback to support levels before entering or pre-position in coins that are about to take off. If you have no sense of direction on which coins to buy, you can follow me. I will start live broadcasts every day at 10 AM, 2 PM, 8 PM, or 10 PM. Everyone is welcome to arrange time to communicate in my live broadcast room.
The bear market has brewed for four years, and the bull market has just started for a month. After accumulating strength, the future is promising. Let’s take the lead together! Pre-arrange potential coins to easily grasp this bull market!
