Neither the negative technical nor the negative news is the most fatal, what is fatal is the market trading volume.

Whether it is the rising or falling volume, the currency circle is now stagnant.

Especially in the miners group, miners still have a large number of bitcoins. They are firmly optimistic about the big bull market in the future. Even if the mining difficulty doubles and the income is halved, they are still reluctant to sell.

It can be said that they are basically still living off their old capital. If the market continues to be sluggish or even stays below the cost line for a long time, in order to maintain the cash flow of the mine, they may have to choose to sell their bitcoins.

Once the miners start the selling mode, Grayscale + miners will work together to smash a big hole in the currency circle.

Of course, this is just thirteen people, and the probability of it happening is not high.

Many retail investors are now on the verge of collapse, thinking that the bull market is over, and they have begun to cash out and leave.

The more this is the case, the more the friends in the thirteen circles have to stick to it.

The bull market is far from over, and it has not even really started. Some people are worried that Bitcoin will return to the beginning of 4. Here is a reassurance for everyone. The probability of this happening is extremely low.

The longer the market fluctuates, the healthier the future growth will be.

When the market was rising before, Thirteen advised everyone to control their positions and pay attention to risks;

Now the market is falling and in a downward cycle, Thirteen asks everyone to protect their positions and not get off the bus.

Investing in the currency circle is actually not that complicated. The biggest obstacle is yourself and your investment mentality.

If you are still confused now, welcome to follow Thirteen Circles. Thirteen will provide one-on-one position guidance and risk control guidance to each member.