The market will not be good in April, but it will provide more buying opportunities for several reasons: Bookmark it ⬇️
1. There is no spot for 7w. The main force needs to lower the price to force retail investors to get out of the business, and at the same time, use leverage to buy the spot.
2. After the halving, the mining income will be halved. If you want to ensure the original income, you must upgrade the mining machine or double the currency price. The S21Pro mining machine is sold out, and small miners cannot reduce mining costs at the halving price. Big miners will take the opportunity to lower the currency price to force small miners to shut down and compete for computing power, so that big miners can have their original income.
3. April is tax month in the United States. People may sell some assets to pay taxes, causing selling pressure.
4. The price has reached a historical high. The consensus of the entire network is that the bull market is coming and it will definitely rise a lot. This is no problem, but it also shows that people who want to buy have already bought, and retail investors are fully on board. It also means that those who wanted to sell have already sold, and there is no spot liquidity. At this time, it is important to shake the mood of retail investors by smashing the market.
5. CZ went to court in April, which attracted a lot of attention and was also a fud point.
6. USDC withdrew from the TRON chain, Circle reported USDT behind the scenes, and there may be stablecoin-related fud.
7. There is a high probability that the ETH ETF will not be approved for a while. #大盘走势 $BTC $ETH