#BTC
Tonight the pie continues to fluctuate above 65,000. I took a look and saw that the fee rate has been halved compared to before. Although the fee rate is still not low, it also means that many high-leverage leeks have been wiped out last night, and the market is heading towards a healthy state. direction development. With the halving approaching and the expectation that the Federal Reserve will start to cut interest rates in Q2Q3 this year, the pie will have a good price this year. It should be no problem if it exceeds 100,000, and it is expected to reach 150,000 by the end of the year.
As for the logic of supporting the price of a pie worth hundreds of thousands, it is mainly due to the massive accumulation of real gold and silver by Wall Street institutions and the activation of the nuclear-powered money printing press of the Federal Reserve. At that time, huge amounts of water will pour into the pie, and the spot prices on the market will As the supply becomes less and less, the price of the pie will have to rise slowly. But the downside is that the big pie is more closely tied to the U.S. stock market, Wall Street will also have a high degree of control over the market, and the goal of decentralization is gradually moving away. But having said that, you really buy Bitcoin for belief rather than speculation/investment. Of?
There are also Ethereum spot ETFs. Many people think that the chances of passing are slim. This reminds me that when I applied for the spot ETF in 2023, many people said that if they passed, they would eat shit as proof. I don’t know if those who swore by it have eaten it?
In fact, referring to the conditions for the approval of Big Pie ETF, Ether basically meets it. First, Wall Street holds a large amount of Ether. Second, BlackRock personally applied for it. Third, it has a listed futures ETF like Big Pie. Fourth, it has not been sec. recognized as securities. However, the fly in the ointment is that compared to the disappearance of the founder of the pie, Nakamoto Onion, the pie address in hand has never been activated. However, the true existence of the founder of Ethereum, Dolin, has a lot of ether chips in his hands, which cannot be completely eliminated by the old Americans. Take control.
Generally speaking, the competition circle is becoming more and more U.S. stock-oriented. I don’t know whether it is a blessing or a curse. As leeks, let’s hold the chips in our hands and enjoy the dividends of this violent bull!
