Is it the eve of the outbreak of a bull market;
Or is it the beginning of a bear market;
What do you think of the current market situation?
At present, the market has clearly entered a bear market. The Fed's interest rate hike policy has swept the global financial market like a tide, and the stock market and the cryptocurrency field have not been spared. In this financial storm, the US dollar has become the biggest winner. It not only firmly locks a large amount of funds in the stock market and the treasury market, but also repeatedly compresses the liquidity of the cryptocurrency market. Nearly 60% of the US dollar circulation has been swallowed up by these two major markets.
The cryptocurrency market, once known as a hot land of freedom and innovation, is now facing unprecedented challenges. The Bitcoin and Ethereum ETFs launched by the United States seem to be an endorsement of the encryption field, but in fact they are lurking in danger. They are like a double-edged sword. On the one hand, they provide investors with more diversified choices, and on the other hand, they also intensify the binding of the market to the US dollar system, which greatly reduces the independence and freedom of encrypted assets.
In the past, funds in the encryption market flowed freely and unrestrainedly, but now, the giant hand of Wall Street has quietly reached in and controlled the pulse of the market. Even Binance, the giant of the former crypto world, seems to have gradually lost its pure color in the integration with the mainstream financial system.
Faced with this situation, we can't help but ask: If the crypto market cannot break free from the shackles of the US dollar and achieve true de-dollarization, where will its future go? Is it really going to repeat the mistakes of the A-share market and become a stagnant pool of water that is difficult to stir up waves, leaving investors sighing and unable to find the dawn of profit?
Therefore, for the crypto market, de-dollarization, finding new value anchors, and rebuilding the independence and innovation of the market have become urgent tasks. Only in this way can we ride the wind and waves and reproduce the glory in the future financial wave.
Finally, if you are a pure novice and you are excited to rush into the currency circle when you see BTC hit a record high before, then I suggest you pay attention to me first, learn the knowledge of the currency circle with me, and make up for your basic skills. Only by laying a solid foundation can you go further.
