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The Bitcoin greed index has dropped sharply! When will the new market start?
The greed index has dropped from 95 last month to 70 now, which is a very benign correction.
Now Wall Street, the largest financier in the cryptocurrency circle, has begun to hibernate. During Christmas and New Year's Day, although the NYSE is still open, most fund managers are on vacation in warm Hawaii or Florida.
Retail investors also need to sell some of their coins to buy gifts and celebrate the holidays, so now that financiers are on vacation and retail investors are spending, the cryptocurrency circle will be weak in the next one or two weeks, which is in line with the law.
I think the market should start in early January, when Wall Street returns to the battlefield, retail investors return to the cryptocurrency circle after the holidays, and then on January 20, there will be Trump's inauguration and the strategic reserve of Bitcoin. I think there is a high probability of a surge.
So before January 20, I was hopeful. In addition to mainstream coins, small coins such as Doge, Pepe, Uni or AAVE are all pretty good, and Shuqin has ambushes.
The current price may not be the bottom, but compared to being trapped in a short period of time, I am more afraid of missing out, so I will buy some at low points and wait for Trump's prosperity.
The greed index has dropped from 95 last month to 70 now, which is a very benign correction.
Now Wall Street, the largest financier in the cryptocurrency circle, has begun to hibernate. During Christmas and New Year's Day, although the NYSE is still open, most fund managers are on vacation in warm Hawaii or Florida.
Retail investors also need to sell some of their coins to buy gifts and celebrate the holidays, so now that financiers are on vacation and retail investors are spending, the cryptocurrency circle will be weak in the next one or two weeks, which is in line with the law.
I think the market should start in early January, when Wall Street returns to the battlefield, retail investors return to the cryptocurrency circle after the holidays, and then on January 20, there will be Trump's inauguration and the strategic reserve of Bitcoin. I think there is a high probability of a surge.
So before January 20, I was hopeful. In addition to mainstream coins, small coins such as Doge, Pepe, Uni or AAVE are all pretty good, and Shuqin has ambushes.
The current price may not be the bottom, but compared to being trapped in a short period of time, I am more afraid of missing out, so I will buy some at low points and wait for Trump's prosperity.
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