Market Washing and Accumulation: The Drama Before the Big Market
Recently, a series of actions in the market, such as the $6.5 billion BTC sell-off on the Silk Road and the ETH sell-off by the Ethereum Foundation, seem to be a meticulously choreographed 'performance.' However, the underlying logic is quite simple: washing the market, clearing out weak-handed retail investors to build momentum for the next big market!
Why do we call it market washing?
• Retail investors hold too much: The market needs to shake out indecisive funds through volatility, reducing upward pressure.
• Accumulation phase: Major funds need lower costs and cleaner chips to initiate the next wave of increases.
Old Trump is about to take office, and the big market is poised to take off
Only 9 days remain until Trump takes office, a long-awaited moment for the market:
• Commitment not to sell BTC: At this stage, the importance of Bitcoin is self-evident, becoming a key bargaining chip in the contest for influence over the Federal Reserve.
• Policy optimism: Trump may introduce policies more favorable to the crypto market, injecting a booster shot into the market.
Ambush opportunities: Primary market and Ethereum chain altcoins
1. Potential coins in the primary market:
• Musk's little dog PP: A project favored by Dao Ge, with high funding attention; getting in early might be a good choice.
2. Altcoins on the Ethereum chain:
• The Ethereum ecosystem is mature, and altcoin projects are more reliable; they may recently become a safe haven for funds.
Summary
For those holding spot assets, maintain your composure and don't exit the market; this may be the final stage before a big market after the washout. Position yourself in primary markets and potential Ethereum chain coins, make good arrangements, and prepare for the upcoming explosive opportunities!