Let me share my views on the recent market.
The recent market fluctuations are very drastic, and there are always roller coaster market conditions. With various negative news, the market sentiment is extremely panic, and the greed index has also dropped to the lowest point.
Many friends around me are constantly shorting, and many people have directly cut their losses in spot trading.
I just want to say: Whether it is the repayment of Mt. Gox exchange or the selling of the US and German governments, these unfavorable factors in the market are temporary. They will only cause a short-term impact on liquidity, and this impact is about to end.
In contrast, the continued net inflow of Bitcoin spot ETFs, Bitcoin halving, Ethereum spot ETFs are about to be listed, and the Fed's interest rate cut expectations will create a good long-term environment for the development of cryptocurrencies.
The current market can be said to be full of gold. I hope everyone will not touch high-leverage contracts for the time being, otherwise a needle can make you return to zero.
Hold the spot well. No matter how the dealer sucks the market, he will not get off the car. The darkness before dawn is the most desperate. Brothers, hold on! Don't fall before dawn! ! ! !
