We are currently at a stage of extreme pulling, unable to go up or down, so what should we do next?
Today, let's talk about the reasons why we haven't gone down yet, which may be because the emotions brought by the election have not completely dissipated.
However, until he is truly inaugurated, most of the movements are just the flow of funds within the market, so for now, the space to continue moving upward is not very large.
So what situation would allow us to continue moving upward? Next year, when that man is truly in office and brings a series of favorable policies for the crypto market.
Additionally, with a neutral interest rate like a rate cut around 3~3.5, releasing a large amount of liquidity, only then will outside funds really come into the market, at which point it could potentially push up to six figures, around 150,000. As for the present, continuously pushing hard is not very healthy; a proper pullback is also a necessary part of the market.
As a seasoned crypto investor, I, Tu Fei, share my experiences and insights. Interested in the crypto world but not sure where to start? Click on my profile to see the introduction to Zhuye, and let's witness the moment of miracles together.