I thought about it, if I am the main force, why haven't I pulled the market yet? For the main force, pulling the market is actually very simple, just need a large amount of funds to buy at the market price, and the price can be quickly pushed up.
But why hasn't it been time to pull the market yet? The purpose of the main force pulling the market is to attract more funds in the market to participate and jointly push up the price. In this way, when the time is right, the main force can take profits. So, how can we ensure that there is still profit after the cost of pulling the market?
1. I need to have a large number of bottom positions bought at low prices!
2. When pulling the market, there is not much selling pressure in the market!
First, the main force has achieved its goal through washing the market recently. In particular, the new round of selling after the breakout last week cleaned up those players who sold after the breakout, so that the main force can buy more chips at a low price without raising the price.
Second, the German government has some unsold bitcoins recently, and there is also potential selling in Mentougou. If I pull the market now, wouldn't it be equivalent to helping those who are sure to sell make money? And this will also hinder my pulling process and force me to spend more funds. Think about it, Germany still has more than 10,000 bitcoins, which are worth 600 million US dollars! Wouldn't it be better to wait until they have sold off before pulling the market?
In addition, the real good news is the expectation of interest rate cuts released by the Federal Reserve, which is a definite good news, and the CPI data is only an indicator to assist the interest rate cut, not a direct good news.
In addition, it is best to pull the market in conjunction with some major events, such as the approval of the Ethereum ETF. In this way, the market will be pulled more smoothly.
Therefore, the market may not pull the market immediately because of these reasons. Anyway, we are doing large-cycle spot, not because we have to sell it because of the pull. Our plan is to consider it next year, so we can pull the market at any time. Let the bullet fly for a while