You will never understand the "madness" of the market
The German government's sale of Bitcoin is coming to an end, the Mentougou compensation issue is stable, and market concerns are relieved!
The expectation of the Fed's rate cut has been priced in, and positive signals have emerged!
Ethereum ETF and the world's largest Bitcoin conference may become the new focus!
Why is the market still falling under macro-favorable conditions?
The reason is simple. Short-term market fluctuations are not always synchronized with macroeconomic indicators.
Sometimes, market declines are just a correction of past gains or a precaution against future uncertainties.
Imagine you are in the fruit market.
Apples and oranges have always been popular, just like Bitcoin and Ethereum.
But if the weather forecast says it will be hot in the next few days, people may expect watermelons to sell well, so they rush to buy watermelons, even if the price is slightly higher.
This is the power of market expectations!
Now, apply this example to investment:
Macroeconomic data is like a weather forecast, indicating that the overall economic situation is good, just like predicting hot weather implies economic growth.
Bitcoin and Ethereum are like apples and oranges. When the economy is stable, people tend to buy them because they are seen as safe choices.
Altcoins are like watermelons. When people expect the economy to improve further, they may take the risk of buying these seemingly high-priced but potentially more profitable cryptocurrencies.
Therefore, even if the macro economy looks good, the market may still fall because investors are adjusting their portfolios based on their expectations for the future.
They may be turning from "apples and oranges" to "watermelons" in the hope of profiting from the expected economic boom.
The market never directly reflects the current economic situation, but more reflects investors' expectations and confidence in the future!
If you always chase ups and downs, are frequently trapped, lack the latest news, and can't find a direction, then you might as well pay attention to me, Zhuye, learn the knowledge of the currency circle well, make up for your basic skills, and lay a solid foundation to go further.
