The cryptocurrency world is in trouble, where is the way out?
In 2020-21, the crazy money release after the epidemic raised BTC from $3,000 to more than $60,000, a full 20 times. Please note that the key points are black swans and huge money release
With the current gameplay, will the amount of money in this round be so large? If you want to raise Bitcoin from $60,000 to $120,000, you need a huge amount of real money to buy it. Now, in the global competition for liquidity, where is the money in the cryptocurrency world?
The most unethical thing about "Wall Street" is why don't you give me a crash? The big cake has been sideways here for more than half a year. The core logic is that it is too expensive. The main funds will feel expensive when they pull the market now, and retail investors will feel expensive when they buy it. Maybe it's because the timing is not right, or maybe it's because of some other reasons, but the most core logic is that it's too expensive, the car is heavy, and it hasn't been cleared!
Without a sharp drop, there will be no huge turnover. Without a huge turnover, the main funds will not have enough chips. If the main funds do not have enough chips, it will cost money to pull the market, and it will not be able to get out of the bottom shock, and there will be no bottom structure.
Look at the present? We are not consistent, and we have been in disagreement with the market. Emotions are not consistent, funds are not consistent, and the two major things are not consistent.
The knife can wash the floating chips slowly, but now that the big cake has been accepted by many institutions and listed as an asset allocation list, perhaps the big cake has gradually become a battlefield for institutional games, which is why it has shown such a trend in the past six months.
With the outbreak of emotions, perhaps the crazy pull and wealth creation of Altcoins are the best arrangements for the currency circle and for us!
However, this will lead to another question? What is the narrative of the currency circle? Where? VC is spurned, ETH is scolded, L2 is falsified, BRC20 heat disappears, and no one mentions chain games? New mining coins? Is it just relying on meme?
Maybe, we don’t need anything, no narrative, no story, no rational and logical things. We just need to pull the market, well, just pull the market. . .
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