I believe everyone has seen the market in the past two days. First, the US government transferred 30,000 big cakes, causing the market price to fall sharply from 70,000. The market has just digested it for two days. This morning, Mentougou transferred another 30,000 big cakes to the exchange. It feels a bit like trying to get ahead? Will the market repeat the historical bull market, and will the big cake start after half a year? Or is it the beginning of a bear market?
First of all, I don’t think that institutions enter the market just to play once. Whether it is the United States or Mentougou, their transfers illustrate two problems. Capital uses the method of large-scale transfer to conduct deep wash-outs, and high-multiple contract cleaning is done before the bull market starts, and panic chips are washed off. I believe that the bull market will come as scheduled.
Secondly, this year’s bull market may be different from previous years. Everyone has seen the development of the currency circle in recent years. The number of currencies cannot be mentioned in the same breath. The number of new tokens and market value plus the phased release make it difficult for us to see the overall bull market in the currency circle, so the choice is very important. Look at the trading volume of the new currency banana today. The market is not buying into the new garbage projects.
Finally, it is important to choose a strong currency. First, look at the number of issuances, second, look at the market value, and third, look at the popularity. Which currency do you think will have a bull market as expected?
