How will the market go now?
From the technical perspective, the downward trend is not obvious, and the chips in this position are very solid.
The longer this position fluctuates, the lower the possibility of breaking.
In particular, the position of 96,000~98,000 is considered an iron bottom.
The possibility of the market continuing to go up is relatively high, and Bitcoin will take 110,000 as an impact target in the short term.
Ethereum, after standing on 4,000, will think of attacking 5,000.
Ethereum's current round of market has been suppressed too much, and the demand for catch-up is obvious. This is why Thirteen has always encouraged everyone to buy Ethereum at a low point.
Low risk, compared with Bitcoin, the future risk is higher.
How much will Ethereum go this round? 6,000 may just be the starting point, 8,000 is considered to be adequate, 10,000 is barely well-off, as for the common prosperity of heaven and man in harmony with 12,000, we will not participate. At least our friends in the Thirteenth Circle must start the profit-taking plan when they reach 10,000.
From the perspective of news, it is almost difficult to find actual negative news in the entire market. Although some people have come out to say that the bubble is big and the market may fall back, etc., they are all subjective conjectures.
The actual news is almost all good news. Trump has made it clear that he will do something big in the field of cryptocurrency.
BlackRock plans to invest 2% of its total assets in Bitcoin. This is very scary. Everyone can check BlackRock's total assets and calculate how much 2% is?
Many celebrities have said that in 25 years, China will carry out a strategic reserve plan for Bitcoin, but it may only target institutions, and it will not change for ordinary retail investors. This is just a market rumor. Don't discuss it too much.
. . .
From the data point of view, there is nothing to say. ETF funds continue to flow in, but the trend is slowing down.
After all, Bitcoin has reached 100,000 now, and funds also need to wait and see to find a better entry position.
Therefore, in the current market, it is likely to continue to rise. We should continue to hold the spot in our hands and don't move it.