I happen to have some free time today, so I'd like to talk about my views on the fourth quarter.

In the current macro situation of encryption, whether in the East or the West (including the strategic reserves of some countries), they have been competing for the control of the future of the industry.

There is one key point we must always understand (authority effect). Small capital follows the big institutions, while big institutions always follow the national strategic policies. In other words, some of the top institutions we can see now, their increase in BTC holdings is not only in line with policies and economic conditions, but also focuses on the right to speak in this industry.

Many times, the market will ridicule the mindless increase in holdings of certain Western institutions such as MicroStrategy, and will watch so many top global institutions continue to apply for BtcEtf. The imbalance in the weight of the East and the West will lead to the continuous opening of the Western window (the increase in the dominance of the United States)

So how can we follow the trend under the macro situation? In fact, it is very clear that in the process of competing for the right to speak, the bargaining chips are important to all parties. Under the current economic situation, encryption is the only reference that these countries with severe inflation and currency expansion can embrace to save themselves.

At the same time, we also briefly talked about the natural consensus of all parties driven by interests in the fourth quarter. Simply put, the increase in BTC holdings and the increase in control rights, absolute control accompanied by certain policy support, can fully grasp those countries that have to embrace encryption due to their own economic situation, and control their lifeline.

So at present, we can often see the participation of major top institutions, the participation of various countries, the increase of various capitals, the pilot in Hong Kong, etc. Focusing on the process of competing for weight, we expect to see a big drop in BTC in the near future, which I think is unlikely. This is my third logic (encryption macro situation) for maintaining an optimistic view of the current situation (fourth quarter). Of course, nothing is absolute, and we must also do a good job of formula protection for any operation. Let yourself not be afraid of the game of ups and downs. #带你看看币安Launchpad #BTC

Sharing is over🔚. Welcome to discuss! #token2049