Let’s talk about the market first
The pie has increased by more than 20,000 points from 155 to 38 from the year before to now. Many people think that a bull is coming.
When the market broke 1.55 and 1.8, and when it broke 2, I believed it was the Mavericks. The basis was that the market had been bearish for too long. From 6.9 to 4.8, and then to 15.5, there was not even a decent rebound. This is a technical point. of bullishness.
Secondly, we have been in fear of raising interest rates for 22 years. The economic cycle is nothing more than: raising interest rates → stopping raising interest rates → cutting interest rates → releasing money. These are well-known and obvious things. Therefore, some people will react sensitively and quickly: the most brutal interest rate hike is about to end, and what will follow is to reduce the base point of interest rate hikes and stop raising interest rates. These expectations are in 23 years, that is, this year. This is one of the reasons why I like the Mavericks from a macro perspective.
The last point is about emotions. As mentioned before, after 4.8, there was not a decent rebound, which gave most people the inertial thinking of being empty after the rebound. This is the emotional aspect. In terms of price, I think there will be a Mavericks in 23 years.
The high point I saw for the Mavericks was 318. Of course, it seems wrong now. I can’t say it’s completely wrong. From last year to the last round of this year, the average price of my fixed investment was 220,000. This is my cognitive gain. Now it’s 37. Even if it goes to 4.8 in the future, I won’t have it. The feeling of being empty is called making only money within your cognition. That's how it works. #BTC #ETH