Any wealth transfer is bloody! Today's market crash may be the most desperate one in recent times, because:

1. US stocks rise, and the cryptocurrency market falls: In the past, BTC and US stocks rose and fell together, but this time it was the opposite, and everyone was confused.

2. No consensus negative news: Previous declines had obvious negative news, such as the Russian-Ukrainian conflict, but this time there was no consensus negative news, anyway, it just fell, and everyone was confused.

3. Psychological defense line collapse: BTC fell below $60,000 again, breaking the psychological defense line of many people.

In fact, people who make money always need people who lose money to take over. In the bull market, old leeks were overjoyed because the market liquidity was sufficient, trading was active, new funds continued to pour in, and account floating profits continued to rise. This was a particularly good time.

However, now, most people are trapped and don't want to open the exchange, spot users are trapped, and the concept of "holding" is strengthened. The trading frequency is extremely low, OTC funds are unable to enter the market, and market liquidity is exhausted, resulting in the current "junk market".

This kind of "junk market" needs a sword to break the ice. It may be a big positive to change fate, or it may be a few sell-offs to completely break confidence and then reverse.

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Personally, I think:

1. Interest rate cut: This is an inevitable event, a matter of time. The interest rate cut will allow funds to enter the market and bring about the market.

2. US election: The currency circle is a topic that has been mentioned repeatedly, and Wall Street capital will not give up.

3. ETF passed: The goal is to harvest more traditional funds, not the existing currency circle funds.

These points are the reasons why I dare to "hold on and play dead". If you also need to recharge your faith, you can refer to it and drink some chicken soup.

Of course, the arrival of a big market does not mean that all coins will rise. Hold promising coins and don't buy blindly. Choice is always greater than effort. As for my logic of selecting coins, I will talk about it slowly later. Each sharing will bring reasons, rather than mindlessly giving letters. There is a long way to go!

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