The thrilling market has lasted for more than a month. The bulls have been "convinced". Basically, if BTC falls slightly, more than 100 million US dollars will be liquidated.
It can be said that this is the most fatal blow since entering 2024. Countless investors began to doubt themselves and the cryptocurrency circle. Is there still a big bull market?
With the voice of the Federal Reserve gradually landing, and the voice of the Hong Kong government publicly supporting blockchain, the market has begun to stand in line
The call for a big bull market has completely leaned towards the Federal Reserve to cut interest rates. Only when the old Americans let go, the cryptocurrency circle will have the possibility of entering a new round of a big bull market
As long as the Federal Reserve continues to play Tai Chi, the cryptocurrency circle is like being stuck in the neck, hanging on for a breath, and can never go up
Even if it has broken the previous high and reached 73,000 US dollars, the market still cannot take off comprehensively, and the consensus of retail investors cannot be formed
After more than 2 years of baptism, the market seems to have become accustomed to this frequency of ups and downs, and the best strategy has also been widely circulated in the market, that is: band operation
From the current cryptocurrency circle , the mainstream currencies have basically experienced a round of roller coaster market, and those who insist on long-term investment can be said to have gained nothing.
On the other hand, the partners of the band have obviously higher returns than the long-term group, which is not a good thing for the market, but it is not a bad thing either.
At least it shows that there are many opportunities in the currency circle, and it is still relatively active.
Only the continuous battle between long and short can promote the continuous progress of the market and eventually trigger a trend of big market.
Now whether it is: technical aspect, news aspect, policy aspect, fundamental aspect, capital aspect are all favorable. Although it is not completely beneficial to the currency circle, in the long run, the advantages outweigh the disadvantages.
The long-term trend is beyond doubt, and the key turning point is when the Fed will cut interest rates?
The market is expecting a 50% chance of a rate cut in June or September, but from Powell's speech yesterday, no information was revealed
Still maintaining a conventional attitude, people can't imagine deeply, and can only wait and see
However, there are still some clues in history: at 11 pm on March 3, 2020, the Federal Reserve announced a 50 basis point rate cut to 1.00-1.25%
At that time, it was because of the epidemic that caused a decline in global brokerage. The United States was one of the countries most affected. Under economic pressure and pressure from the Trump regime, the Federal Reserve also legally and reasonably began to "print money"
However, it has become a negative factor for the cryptocurrency circle in the short term. The 312 cryptocurrency circle crash has occurred, and countless people have lost their fortunes and failed.
The Fed's interest rate cut later made the market think that there would be no big bull market in the cryptocurrency circle, and they were all trembling with fear.
The lessons of history are vivid. The market will always only remember the news that is beneficial to itself and ignore some key nodes.
Just like the current market is paying attention to the Fed's interest rate cut schedule, but the real bull market is not determined by interest rate cuts.
It is determined by the market's long and short forces. There is no eternal bear market, nor will there be an eternal bull market.
No one can change the laws of natural operation. The cryptocurrency circle is a global market, which is determined by global investors. If you think it is only controlled by the Americans,
then why don't all the investment giants and institutions in the United States enter the market, because they know the US government best. It is obvious that there is money to be made, so why don't they want it?
Therefore, the current currency circle is no longer a small fight, but a mature financial market. It has its own rules to mature, otherwise it would have been delisted and collapsed long ago.
Don’t pay too much attention to market analysis, those are just appearances. The only thing that can help us make money is to make ourselves an expert, otherwise we will be eaten by big fish sooner or later.
The market is still going on. The key to winning or losing is definitely not any external factors. Only when you are a strong person in your heart can you stand on the top and overlook everything.
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