Factors behind this round of Bitcoin price rise
1. Tensions
There are unstable factors in North Korea, South Korea, the Middle East, and the Gulf. The possibility of intensified regional competition also provides rising momentum for transnational safe-haven assets such as Bitcoin.
2. Entry of US ETF investors
The total net inflow of 10 US Bitcoin ETFs was 3,892 BTC, equivalent to US$257.01 million, of which Fidelity received 1,857 BTC, equivalent to US$122.65 million. Fidelity currently holds 180,068 BTC, equivalent to US$11.89 billion.
Will the market be exciting in the next few months?
1. Ethereum has entered the second half. Driven by multiple favorable factors (such as ETFs, ecological development, positive deflation, etc.), the momentum will only increase. Just continue to wait patiently.
2. The main line of the bull market narrative is still AI, games, MEME, public chains, pledges, and RWA, and the rotation rhythm is still effective.
3. The general direction of the market is still upward, and the correction after the surge has stabilized, which is the best time to enter the market.
4. Avoid frequent position changes. Previous bull market experience tells me that abandoning the chips bought at the bottom and chasing the rise is often the easiest to lose money in the bull market. Only when the wind comes can you dance gracefully.
Ethereum is strong, and the cottage is recovering. Once the adjustment is in place, the cottage season will explode with the Q4 explosion.
