It's now one o'clock in the morning, and the students over there have all finished. There’s time now for Feng Lang to share his views on the market trends. Please don’t criticize if you don’t like it.
Let’s start with the conclusion: the market will welcome a major correction, at least 5000 points, the earliest next week, and the latest by the winter solstice (this was also mentioned in today’s live broadcast).
This is not just empty talk; of course, this only represents Feng Lang’s viewpoint.
Long before the price broke through the 100,000 mark, I mentioned that if this trend doesn’t break 100,000, then breaking it will inevitably lead to a phase of acceleration. At that time, I said it would be 1020-1030, and now the high point is 1040.
Many people might ask, why do you think there will be a correction even though you are bullish?
Firstly, this round of significant price increase has been strongly supported by institutions. There’s no need to refute this; just check the data yourself.
When the price reaches a high point or a peak value, institutions need to take profits. Would they just hold onto their purchases indefinitely? Do you think institutions have money with nowhere to spend? Just like today’s Meitu Company.
Secondly, only when the price reaches unprecedented levels will more people, more retail investors, pay attention. Just like now, breaking the 100,000 dollar mark, in the coming week, the investment object that the whole world will focus on will undoubtedly be Bitcoin.
Perhaps even those who have never touched it will come in to play around a bit before leaving. So, when the whole world is focused and involved, all looking for an increase, there will be almost no counterparty. In that case, this game won't be able to continue normally, and to keep it running, a major correction must come to shake off a portion of the participants.
Think about it: an elder in Shanghai said just before the National Day holiday: when it rises to the point of dizziness, how many people are trapped in the big A market, and now they are in a dilemma. True experts, as Buffett said, are fearful when others are greedy.
Looking at the market trend, after every new high, there is a correction phase. It may be delayed but is never absent. Let’s look forward to it.
Feng Lang won’t take action for the next couple of days; a new round of layout will start next week. If you have been liquidated or turned around, that’s in the past. If you want to live a decent prosperous year, this round is crucial.
Daily broadcasts start at 10 a.m. If you like it, please follow. I am Feng Lang #BTC新高10W #下一个换谁涨? .