The amplitude of the intraday market is currently around 4,000 points, reaching 6.5%. Under such strong selling pressure, the market is in full decline. The final short-term support tonight is 62,000 points.

Macroscopically, there is still one month before the pie is halved. Grayscale’s management fees are too high, so investors are not allowed to consider exiting. As a result, Grayscale has to sell the pie in its hands and cash in cash to investors, from the highest price of 65 Ten thousand pieces have been shipped continuously, and as of now, there are still about 360,000 pieces, which is about 45% larger than the shipment volume. Moreover, shipping in this bull market is always the icing on the cake for such a large institution. In this big environment It is really helpless to lose the chips in your hand.

Both bull markets were driven by institutions trying to top it. When Grayscale was shipping, another BlackRock came out. Most of the chips sold by Grayscale were taken over by BlackRock, as well as several other institutions. Add up The volume of goods received in the market actually exceeds the volume of Huidu's sales.

Looking back at the historical market trend, before the previous two market share halvings, the market price adjusted significantly by about 30%. History will be surprisingly similar, but it will not simply repeat. After the market reached a new high, the high point dropped to 73,800 points, and the lowest point was 73,800 points. However, it is only about 18%. From the market perspective, the correction is not large, and it is not in place and is still within control.

Even if there is a 30% halving adjustment this time, the low will be around 51,600, but history and data can only be used for reference. From the market analysis, I personally think that there are two positions for the bottom of the cycle. The first is 57,800 points, which is a strong support. The second position is 53,000 points. I personally think that this position is before the pie is halved. This round of adjustment At the extreme position, we don’t seek absolute but divided layout is definitely the best choice.

Generally speaking, it is a good thing no matter how the market falls before the market is halved, it is relatively more beautiful than everyone's fearless pursuit of high prices. It is a high probability that stocks will continue to reach new highs after the halving. The current environment is much better than the previous bull market. The popularity of the sol chain meme and inscription section is compared to the rising stars of chain games such as Metaverse and NFT in 2011. The stories, concepts, and gameplay are updated, and the technology applications are better.

The market environment is more standardized. In the past, there were frequent problems such as platform failure, pin plugging, and network disconnection. Now it is much better. It shows that the environment is better, technological development has been updated, market users are constantly increasing, and institutions are constantly pouring in. Everyone still remembers the president of El Salvador who led the people to speculate on the currency. When the price was more than 20,000, the president said to buy a big pie every day. Compared with the big pie your boss drew for you, this is the real most expensive pie. . Now the market value of the pie has ranked among the top eight assets in the world! #BNBChain #BTC🔥🔥🔥🔥

How much faith does a hundred thousand pie have? #热门话题