Why has the market fluctuated for 4 months? Why has the market not risen sharply despite various good news, but it has not fallen sharply either?
In fact, all of this is a trap set by the main force to cultivate the thinking of leeks.
In this way, leeks are formed into a kind of thinking, so that retail investors think that the market will fall if it rises a little. If you don’t sell, I will fall, so if it rises a little, you must sell.
Just like in a bear market, the main force will cultivate retail investors’ bear market thinking. Rebounds are for better declines. So last year in 2023, every time there was a wave of rise, retail investors thought it would fall sharply. As a result, they watched Bitcoin rise from US$15,487 to US$70,000.
At present, it is also cultivating a wrong thinking of retail investors. In the early stage of the bull market, the main force will cultivate the thinking of retail investors to sell when the market rebounds through the market trend, so that retail investors think that the market will not rise, and retail investors dare not hold it for a long time.
Only when the vast majority of retail investors have formed such a mindset, and retail investors have such an ultra-short-term mindset of selling after a wave of market rise, can the main force collect more chips, and the train to the bull market will be lighter, faster, and go further.
As for whether it is a bull market now, I firmly believe in this.
The approval of Bitcoin ETF and Ethereum ETF means the landing of the entire blockchain industry. The currency circle is no longer a niche circle, but an internationally recognized potential industry.
The approval of ETF means that the entire traditional industry and the stock market are attracting funds to the currency circle.
Another positive factor on the capital side is the Fed's interest rate cut. The interest rate hike cycle has ended and has now entered the interest rate cut cycle. The next interest rate cut is a certain thing. The interest rate cut is a long-term positive for the entire financial market.
To put it bluntly, interest rate hikes are bear markets, and interest rate cuts are bull markets. This is the cyclical law of the financial industry.
