These two pieces of news are very interesting.
I remember the U.S. government and the Bitcoin in Mentougou have always hung over like the sword of Damocles.
This can be considered a potential medium-term bearish expectation, but when it will come is still uncertain. Is the U.S. government going to start selling Bitcoin?
Isn't Trump trying to make Bitcoin a national reserve currency? Does he want to rush to sell before he officially takes office? 🤣
Additionally, XRP continues to hit new all-time highs, comparing two to two, the altcoin season is happening now.
In essence, there is no difference between speculating on new or old, playing old or new; for emotionless trading machines, wherever the hot money flows in is where the big opportunities lie, and that's where we should rush in.
But the key is that one shouldn't rush in at the wrong time, that would just mean becoming liquidity exit.
For example, the hot money in the SOL chain has retreated, while the ETH NFT market is once again booming; it's just that the rhythm of sector rotation is different.
I suggest paying more attention to the pullback of Bitcoin and Ethereum yesterday, while those altcoins that have surged strongly against the trend, the influx of hot money into these coins must indicate a continued positive outlook for the market, otherwise, they wouldn't be that foolish...
For instance, the very obvious DeFi track, LINK with a big bullish candle of 30%.
As for it, I can only say I've bought it, just in mid-November 😭😭😭
#BTC
