Yesterday's article mentioned that the shutdown price of Bitcoin miners is 60,000U. But today I received some feedback. I am very grateful to those friends who discussed rationally. At the same time, I also noticed some negative comments, which I would choose to ignore or deal with.
Regarding the influence of miners, it is true that their shutdown price does not directly determine the lowest point of the market, but in the long run, this price can be regarded as a bottom range. Miners can hold on for a while, but if the price continues to be lower than their cost for too long, they may choose to shut down.
The current Bitcoin market has not exceeded our expectations and is still fluctuating within the range we predicted. It is recommended that you trade according to the strategy mentioned before, selling high and buying low.
In addition, with the approaching of the European Cup on June 14, I suggest that you can pay attention to and ambush some CHZ in advance. This is the leading coin in the sports sector, and it will perform well every time there is a major event. But please note that when building a position, control the position, do not exceed 5%, and consider leaving the market in batches around June 8 or when the price reaches 0.19~0.25~0.3.
Recently, the United States announced the one-year inflation rate in May, which was higher than expected, which is bearish for the market. I suggest that friends with short-term positions avoid risks in advance, but friends with long-term positions can stay put and wait for the market to pull back before buying the bottom.
In addition, I would like to remind everyone that there may be some bad elements mixed in our community. They may actively approach you and try to induce you to invest or trade. Please remember that anyone who actively approaches you here may be a scammer.
Finally, I want to emphasize that I will not participate in any first-level projects, local dog new listings, or touch fan funds. The only cost of our community is the membership fee. Please rest assured that I will do my best to provide you with valuable information and suggestions.
I am Dahammer, thank you for your trust and support!
