Has the Bitcoin crash become the norm? A big bull market will be born in despair
Today, many friends asked, why did it fall again after waking up, is there any bad news again? In fact, this situation will be asked almost every three or five days, "Why did it rise today, why did it fall today", in fact, it is really necessary to recognize that now is the market situation under the shortage of liquidity, the information side affects the emotional side, the shortage of liquidity stimulates wide fluctuations, and the emotions drive the long and short game in the risk market.
At present, any slight disturbance will trigger short-term investors to stop profit or stop loss, but because the liquidity in the market is too low, a small amount of chips can smash the market, and a small amount of funds can also play a role in pulling the market, especially when it enters the weekend and the main trading time in Asia, when liquidity is the lowest, this situation will become more and more frequent.
At present, it is a wide range of fluctuations. It has been fluctuating for nearly four months. Whether you believe it or not, this wide range of fluctuations is likely to continue before there is more certain information. The bull market in 2020 started with hellishness. The epidemic caused the price to drop from 10,000 to 3,000. I almost went crazy at that time, and then the market started to go bullish in despair.
And 2024 started with the PUA torture flow of Te Miao. It has been consolidating for 4 months from the peak on March 13 to July. I am almost going crazy again. It is probably because the currency circle rose too much in the past few months and broke through the previous high before the halving. Therefore, there must be a great cold after the great heat, and there will be a warm spring after the great cold! Will the bull market also be born in despair this time? #比特币大会 #BTC