Why are altcoins falling?
In fact, due to the limited information at hand, it is very difficult for ordinary retail investors to trade #bitcoin . Millions or even tens of millions of forces are involved in the game, and eventually a joint force is formed to drive the currency price.
Most people in the market have butts that determine their heads. When the consensus is chaotic, the market will shift from effective to ineffective. Except for top market makers such as BlackRock and Grayscale, no one can guarantee that they are 100% right.
January 10th was a critical time point for spot ETFs, which the West has continuously brainwashed and strengthened for retail investors every now and then. This positive expectation played a major role in the rising market in December.
The thinking of retail investors is to buy at the lowest point and sell at the highest point. They are risk-insensitive. Institutions and major players are just the opposite. The principle they pursue must be "a gentleman does not stand behind a dangerous wall." As long as "uncertainty" exists, Then keep a steady hand
Since the risks of extreme market conditions before and after the 10th are uncontrollable, why don't the market makers wait until the 15th or even after the 20th when the market's tight nerves relax, or wait until a point in time when the SEC clearly declares to the world that "discussions such as spot ETFs will When will it be postponed to April or May?”
