#比特币盘整分析
Master Discusses Hot Topics:
Waking up in the morning was a shock due to the big pie, which dropped a bit again. When I opened my phone, I saw everyone asking: why can't we break through the psychological barrier of 100,000 dollars? To be honest, this question is quite philosophical, both simple and complex. It’s clearly just a step away, yet we can’t seem to take that step, leaving people feeling anxious.
From trends, data to the information front, I really haven't seen any negative signals lately. On the contrary, the fundamentals of the big pie seem quite stable. More and more listed companies are starting to allocate big pie as reserve assets, like MSTR (MicroStrategy) which purchased 55,000 bitcoins in one go.
This indicates that the recognition of cryptocurrency is increasing, but such purchases often happen through OTC (over-the-counter) transactions, which have limited direct impact on market prices. So the price doesn't rise, not because there's too much selling pressure in the market, but because the 'influence' of these buying actions hasn't quickly translated into market sentiment.
This morning I scanned the news, and the Federal Reserve mentioned a possible interest rate cut in December. The new Treasury Secretary candidate is also suggesting cuts to federal spending, which should be considered positive news for the market.
Moreover, the background sentiment of the election hasn't changed much, and these conditions seem not to disadvantage the price of the big pie. So currently, the larger possibility is the fatigue of market sentiment, especially the decline in FOMO enthusiasm, where everyone is no longer eager to chase prices but instead chooses to wait and see.
