This is the trend from last night to today. Bitcoin was scared by the US government's transfer of 2 billion US dollars and fell directly from 97,300 to 94,300, a drop of more than 3,000 points. Although various experts and professors jumped out to explain that this is just custody, and said that even if it is sold, it will be in the form of OTC and will not affect the market, but the main funds have indeed started to ship.
My understanding of this pullback is that some people are selling as planned, and this part of the funds is not worried about the US government dumping the market. After all, Trump is about to take over the government. Chuanzi has warned the government not to sell coins before, so I believe he will never allow anyone to do such a thing in his government. This part of the shipment should be purely for risk aversion. Personally, I think it is a bit of a waste of time to give up the long-term (Chuanzi's four-year term in office) continued rise of Bitcoin for such a short-term and medium-term forecast.
The external capital inflow of Bitcoin is still very strong. MicroStrategy recently purchased another 15,400 Bitcoins, worth $1.5 billion. Last night, Bitcoin ETF continued to flow in $350 million, and the cumulative inflow this month has reached $6.5 billion. All these mean that Bitcoin has great potential. So I can't see the peak of Bitcoin in the short term. 100,000 is really not a difficult goal, and it may be broken in a short time.
This wave of copycats ignores the market of Bitcoin. Although the copycat market is a carnival for retail investors, it can bring super strong emotional value to Bitcoin.
Next, the mortgage lending of BTC, ETH, and SOL will grow rapidly. Soon, people will deposit ETH to borrow U, and then use U to buy altcoins. They will mortgage altcoins to get U, and then buy altcoins again. This will be an infinite cycle, maximizing the efficiency of funds. At this time, it will be a super altcoin bull market. The improved capital efficiency of the entire market will feed back to the Bitcoin market, and the continuous entry of off-market funds will allow Bitcoin to climb the ladder continuously. With the continuous increase in funds, altcoins and Bitcoin will show a rising pattern of the left foot stepping on the right foot. The previous rounds of bull markets have all appeared in this form.
As for the main force of this round of rise, Forbes previously summarized a list of encrypted zombie coins. It just so happens that this wave of market is a zombie resurrection. The zombie list is as follows:
XRP、ADA、BCH、LTC、ICP、ETC、XLM、STX、KAS、THETA、FTM、XMR、AR、SOME、FLOW、EGLD、BSV、MINA、EXOSTZ、
I roughly checked the growth of these tokens in the past 7 days. XRP rose by 110%, ADA rose by 50%, LTC rose by 50%, ICP rose by 30%, Algo rose by 120%, EOS rose by 50%, and Xtz rose by 45%. Basically, the projects in this list have a good growth rate, and none of them are small-cap tokens. They are basically projects with a market value of more than 10. Of course, since these projects can be discovered by Forbes, it is all because they are on the Coinbase list.
So everyone knows what the driving force behind this wave of market is, it is the US concept coin, cb concept coin, and upbit concept coin.
The main battlefield for this round of transactions is on upbit, so what we need to do now is to find projects that have all three concepts, have not risen too much, and whose market value is not particularly exaggerated.
The market conditions will rotate frequently in the near future. The advantage of a bull market is that good wine needs no bush. As long as your project is related to the above-mentioned favorable concepts, funds can find it even if they dig deep into the ground. So at this time, the bold ones will die of overeating and the timid ones will starve to death. Small investors can try to concentrate their funds on a few projects.
This is the trend from last night to today. Bitcoin was scared by the US government's transfer of 2 billion US dollars and fell directly from 97,300 to 94,300, a drop of more than 3,000 points. Although various experts and professors jumped out to explain that this is just custody, and said that even if it is sold, it will be in the form of OTC and will not affect the market, but the main funds have indeed started to ship.
My understanding of this pullback is that some people are selling as planned, and this part of the funds is not worried about the US government dumping the market. After all, Trump is about to take over the government. Chuanzi has warned the government not to sell coins before, so I believe he will never allow anyone to do such a thing in his government. This part of the shipment should be purely for risk aversion. Personally, I think it is a bit of a waste of time to give up the long-term (Chuanzi's four-year term in office) continued rise of Bitcoin for such a short-term and medium-term forecast.
The external capital inflow of Bitcoin is still very strong. MicroStrategy recently purchased another 15,400 Bitcoins, worth $1.5 billion. Last night, Bitcoin ETF continued to flow in $350 million, and the cumulative inflow this month has reached $6.5 billion. All these mean that Bitcoin has great potential. So I can't see the peak of Bitcoin in the short term. 100,000 is really not a difficult goal, and it may be broken in a short time.
This wave of copycats ignores the market of Bitcoin. Although the copycat market is a carnival for retail investors, it can bring super strong emotional value to Bitcoin.
Next, the mortgage lending of BTC, ETH, and SOL will grow rapidly. Soon, people will deposit ETH to borrow U, and then use U to buy altcoins. They will mortgage altcoins to get U, and then buy altcoins again. This will be an infinite cycle, maximizing the efficiency of funds. At this time, it will be a super altcoin bull market. The improved capital efficiency of the entire market will feed back to the Bitcoin market, and the continuous entry of off-market funds will allow Bitcoin to climb the ladder continuously. With the continuous increase in funds, altcoins and Bitcoin will show a rising pattern of the left foot stepping on the right foot. The previous rounds of bull markets have all appeared in this form.
As for the main force of this round of rise, Forbes previously summarized a list of encrypted zombie coins. It just so happens that this wave of market is a zombie resurrection. The zombie list is as follows:
XRP、ADA、BCH、LTC、ICP、ETC、XLM、STX、KAS、THETA、FTM、XMR、AR、SOME、FLOW、EGLD、BSV、MINA、EXOSTZ、
I roughly checked the growth of these tokens in the past 7 days. XRP rose by 110%, ADA rose by 50%, LTC rose by 50%, ICP rose by 30%, Algo rose by 120%, EOS rose by 50%, and Xtz rose by 45%. Basically, the projects in this list have a good growth rate, and none of them are small-cap tokens. They are basically projects with a market value of more than 10. Of course, since these projects can be discovered by Forbes, it is all because they are on the Coinbase list.
So everyone knows what the driving force behind this wave of market is, it is the US concept coin, cb concept coin, and upbit concept coin.
The main battlefield for this round of transactions is on upbit, so what we need to do now is to find projects that have all three concepts, have not risen too much, and whose market value is not particularly exaggerated.
The market will rotate frequently in the near future. The advantage of the bull market is that good wine needs no bush. As long as your project is related to the above-mentioned favorable concepts, funds can dig deep to find it. So at this time, the bold ones will die of overeating and the timid ones will die of starvation. Small investors can try to concentrate their funds on a few projects. #Layer1公链普涨 #微策略持续增持BTC #NFT市场回暖
