"Bitcoin ETF Launch in Hong Kong: A Surprising Market Reaction!
Contrary to our expectations, the Hong Kong Spot Bitcoin ETF launch has had a bearish impact on the market, causing Bitcoin to dump. This serves as a reminder that whales and institutional investors often have a different perspective and strategy. As I cautioned in my previous post, it's essential to remain cautious and not get overly excited or complacent. I hope you haven't used leverage and have set a stop-loss to protect your assets.
In conversation with some friends in Hong Kong, they shared a positive long-term outlook, emphasizing that this is a marathon, not a sprint. Stay safe, and let's observe how the situation unfolds. - Professor Mende, Founder of BONUZ Project, Dubai UAE. #Bitcoin #ETF #HongKong"
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