How will the market go in the future? Here are some opinions:

Pay attention to Ethereum and altcoins. After the ETH ETF is passed, the logic of ETH has changed, and Grayscale's selling pressure will gradually be digested.

The net inflow of funds from ETFs brings prosperity to the entire altcoin.

There is no altcoin season with a general rise, only the rotation of sectors and the performance of some altcoins.

1. The non-US bull has not come yet, because the US index has not broken 100, but he will definitely come, which is determined by the issuance of US dollars and the tidal mechanism.

2. In the medium term, the number of surrenders on the BTC chain is still insufficient. If the scale of surrender is large, it can be confirmed that the bottom is completed. If it is insufficient, it can only be said that it cannot be determined.

3. The altcoins have reached the previous low, and the emotions have been washed away. So the summary is that this may be the bottom, or it may not be, but it is definitely not the top of the cycle.

BTC is not cheap at this position, so no one will buy it at a high interest rate, but it is not expensive, so the institutions that have already bought it will not sell it here. This is the equilibrium price, which is equivalent to 10,000 to 12,000 USD in 20 years. To continue to rise, we need to wait for the Fed to expand its balance sheet.