Chongge’s class has started!!! What I want to talk to you about now is why many KOLs are bearish on BTC and ETH at this stage!!! And why Chongge is bullish on Bitcoin and Ethereum!!!

First of all, what is the basis for the first blogger who is bearish? What are they? ! !

First: Commodity prices have fallen sharply over the past month, indicating that the global economy is indeed potentially weak, and financial markets have raised their expectations for the probability of a recession in the United States. The risk of a recession reflects the expected rate cuts since the release of last month's non-farm payrolls data. Although the stock market expects a one-fifth chance of a recession, it has risen sharply from the record high of US stocks earlier this year, when the market believed that the probability of a recession was zero.

However, the consensus forecast of recession among economists has not risen significantly, with the probability of a U.S. recession in 2023 hovering around 30% since April, after reaching nearly 70%.

Second: After the last wave of BTC and Ethereum plunge, the wash-plate altcoins have been tepid, and the daytime trading volume is not large. Some retail investors may have lost confidence in the cryptocurrency circle!!!

Third: The overall global financial environment is not very good, this is a fact.

Fourth: It may be that they did not get on board this wave of BTC49000 and ETH2100, and they are thinking of picking up cheap chips when the price drops sharply!!!

Fifth: The world is not peaceful because of war!

Sixth: There may be other reasons, which Chong Ge can’t think of for the moment!

I mentioned yesterday why I am bullish, and now I will add a few more points!!!



1. In fact, after every big event on March 12 or May 19, there will be a pullback! Chong Ge wants to take advantage of this big rebound! So when Ethereum reached 2200, I shouted to everyone to get on board during the live broadcast! At that time, I also gave everyone a boost during the live broadcast, and what I said was very practical. Our base coin of 2200 and Ethereum of 3300 are much better, but there may still not be many people on board! They are waiting for a lower position!

2. The recent PPI data, including the employment rate data from the past few days, are all pretty good, although some people may say that they are fake. What if today's CPI data is fake? Will it be another wave of increases? ?

3. We enter the spot market when the price is falling, so our rate of return will be higher!

There are many more reasons that I won’t list one by one. Everyone looks at the cryptocurrency world from different perspectives. It’s normal to be right or wrong! ! There’s no need to get hung up on it! ! ! As long as the USDT in your account is increasing, your operation is the most correct! !

The current cryptocurrency market is highly correlated with the stock market. Once a phenomenal event occurs, we must remember to clear our positions immediately. Although it is painful to cut our losses, it is not fatal! #美国CPI数据即将公布 #加密市场反弹