In the face of the momentum of BTC in the past two days, why is it difficult for the May Ether ETF to pass, why is the EU banning the use of unidentified crypto wallets for crypto payments, and why is the Bitcoin spot ETF continuing to have a net outflow, these negative factors cannot stop the market craze at all, and BTC breaks through again $70,000.
In the face of extreme market enthusiasm and extremely high greed index, Fei Ge reminds short-term investment friends that according to past experience, before the Bitcoin halving and the Federal Reserve interest rate cut, the market will rise due to major good news. When good news materializes, it is normal for currency prices to fall as short-term profit makers leave the market. For short-term holders, the hidden risks are extremely high.
For long-term holders, some small fluctuations in the middle can be ignored. Just like this time BTC fell from 73777 to 60775, the adjustment period has been 12 days. The Federal Reserve's subsequent sustained interest rate cuts will undoubtedly become the engine of the bull market.
BTC is still short of a 4% increase from its all-time high, and ETH is still short of a 10% increase. Other established mainstream currencies (LTC, XRP, BCH) are relatively unchanged. This bull market is irrelevant to them and has been forgotten by the market. If you were the project leader, would you give up? I believe that no one will give up. There is only one reason for this. You have better projects on your hands. When these projects reach your expected value and come out, it may be the time for you to return.
#LTC.每日智能策略 #XRP/USDT🔥🔥 #BCH.智能策略库🥇🥇
In the face of the bull market, all technical analysis seems so weak. First, focus on the innovation of the big and the second. The INJ mentioned yesterday is currently up 7%, and ADA is up 4%. You can continue to hold it.
For subsequent operations, please follow Fei Ge
