Let's talk about the direction of the cryptocurrency market.

Before, I thought that the upcoming interest rate cut would definitely benefit the cryptocurrency market. After Ethereum went public, the altcoin month was coming and the bull market began.

Now I think that the bull market is completely over.

When Biden withdrew from the election, the U.S. stock market plummeted. This was caused by the leading institutions' risk aversion. With the change of president, the companies that were previously favored by policies will change. So the institutions left the market and the stock market plummeted.

Trump attended the Bitcoin conference, and Bitcoin actually fell. It will fall at every conference, without exception. (There is a shadow behind the scenes)

Bitcoin and Ethereum have risen so much, and the altcoins Bsv Bch Ltc Etc. Eos. Ada have not risen at all.

When Etf continues to flow into Btc, Bitcoin has been falling. It is obvious that some institutions have made hedging transactions on exchanges or even over-the-counter, that is, buying down.

As long as there is hedging, Bitcoin will not rise. Institutions use your money to buy and sell Etf, and institutions secretly short outside... and then cut you. #美国政府转移BTC $BTC $ETH