This bull market is really different from the past (1)
This round of big bulls may be really different from the past. It can be seen from the withdrawal from cz that there are a series of actions. The probability of passing in January next year is very high. All forces are making plans. It is a deterministic event. There is a super positive deterministic expectation before now. As long as the callback does not fall below 25,000, or even 20,000, the market can take it back for him.
Now the question is, who is willing to use the BTC he got at a low price to sell it under such a certain general trend?
Retail investors? This round of trading was so fast that retail investors patted their thighs one by one. Some of them bought for less than 30,000 yuan. They regretted that they were too cautious and it was too late to take over.
mechanism? Unless all institutions unite, whoever sells the market alone will hand over low-price chips to other forces, because now global capital has noticed the benefits of ETFs, and the capital behind it is not an institution. Now, whoever smashes the market will be eliminated. Once the chips are eaten up by other capital, if the one who smashed out cannot be recovered, he will miss a round of big bulls. Compared with retail investors who are afraid of falling, at this time, capital is more afraid of throwing out their own chips. If someone eats the whole set, the meat bun will beat the dog and never come back. Without ETFs, it is a certain event for them to attract funds at low prices by smashing the market, but now for them, smashing the market = risk, and the layout will be interrupted by other old six.
If you want to say that ETFs come out and smash the market to death, I will believe it if it hits 8,000-10,000, because before that, there was no certainty and liquidity, retail investors were not firm in their beliefs, and capital was not focused. But now, there is certainty and more liquidity will definitely come. From retail investors to institutions, from the military to the air force, smashing the market is not in the interest of everyone. Retail investors will take over if they want to cross strata. Institutions that are on the bus but not on the bus will take over if they want a piece of the pie. Multi-party companies want to join the big cows to make money. The Air Force, hehe, they are not gods. If they go against the interests of global institutions, capital, and retail investors, they will only die.
So don’t expect anything less than 30,000 this time, because there are capital and institutions that are not on the train, and they are more eager than you to have a little cutie to use their chips to smash the market. Under the premise that certainty and liquidity are now available, they are still willing to do it. Charity picks them up in the car.
