1 million worth of experience in the cryptocurrency circle

When Bitcoin rose to 98,000, many "leeks" rushed into the market to buy the bottom of the altcoins. They thought that some altcoins were cheap and it was a good opportunity, but they didn't think about the fact that Bitcoin was so high and the risk was very high. As long as Bitcoin fell, Ethereum would definitely follow suit. So, this wave of Bitcoin correction will definitely make a large number of long-term investors lose all their money, and the market will take the opportunity to cut a wave of leeks. Those who think that Ethereum will not fall below 3,000 or even 2,000 will definitely suffer a big loss in the future.

Is it a bull market now? Everyone must understand that in a real bull market, the shorts are stronger than the longs, and when the market rises, there will often be a 20% correction or a sudden rise or fall to wash out those who are long. But this round of rise did not clean up the longs at all, it was just Bitcoin that was rising wildly, this is not a bull market. If you don't believe it, just look at the market in early 2014, 2017, and 2021.

Let's talk about "Trump's good news". When the ETF was launched, many retail investors thought that Bitcoin could break through 5,000, but in the end, it only reached 2,100 at most. Sometimes those good news are just a trap, deliberately created by capital. The US election relies on capital, not political awareness. So the good news created by such people is mostly a trap set by capital. This is why Buffett said that he would not accept a single Bitcoin for $50.

This round of Bitcoin's rise is likely to be the same as in 2021, trying to trick our domestic capital in and then cut our leeks. But this time our domestic capital is smart and will not be fooled, and foreign capital will do whatever it wants.

Don't listen to those "leeks" who are talking nonsense without any clue. You must think clearly. If a country regards Bitcoin as a treasure to solve debt problems, then the economy of this country will definitely fail. Maybe it will go bankrupt if there is a trade war.

Dao Ge recently ambushed Musk's puppies. Now the market value is only 15 million. The Ethereum chain has more than 13,000 addresses holding coins, and it is growing steadily every day. Brothers who are interested can leave a message to follow. #比特币盘整分析 #ETH🔥🔥🔥🔥 #puppies，一级市场难得的金狗