Bit Intelligence Weekly Report:
First of all, let us congratulate CZ for his early release. As a representative figure in the currency circle, CZ’s prison sentence is actually for the crypto circle and Binance users. It is foreseeable that Binance will go wider and wider on the road to compliance.
Secondly, let me share some thoughts based on recent news:
① The U.S. interest rate cut has had a significant effect, and major central banks around the world have actively followed up, releasing a large amount of liquidity in a short period of time. This is a great benefit to Bitcoin. However, attention must be paid to the Federal Reserve’s policy, especially the next interest rate meeting, which coincides with The general election can be said to be a very delicate moment. If the Democratic Party is elected, it is likely that the policy will change and trigger a major correction.
② The three most powerful arrows in the history of the wall country were fired together, which can be said to be the embodiment of the highest will. In the past two days, Myanmar A has risen and many people are already asking whether to enter the market. I can only say that we should go ahead and cherish it. The central bank has no anchor seal. Money, buy your own stocks at the end of the day. This kind of thing was done more than once in my childhood, and the results are obvious to all. The final escape hatch has been opened. Whether you can escape or not is a test of personal perception. Maybe it is true as someone said about the suffering of leeks. Gotta get this land.
③ The trading strategy can be aggressive recently. MEME has been on the rise. This is a sign of capital entry. The next month will be a time of good harvest. You must pay attention to positions and leverage before the election. If the election Unexpected situations, such as Trump losing the election and rednecks taking to the streets, may cause a major correction.
④ When it reaches the annual line, just buy spot without any thought, and add positions at low prices. No matter which country is, they are struggling in the quagmire of the worst. Behind the rush to print money is the fate of the national system. The hook-stealers The ancestors have long concluded that only super-sovereign Bitcoin truly belongs to the people.
