BTC Market Analysis and Strategy Suggestions
Tonight, we will welcome the interest rate cut meeting, and the market generally expects a 25 basis point cut. It is noteworthy that part of the positive impact of the rate cut has already been priced in, and many recent positive factors have only driven the price of Bitcoin up, while altcoins have performed poorly. Many investors missed profit opportunities and fell into difficulties due to holding long positions in altcoins. Currently, Bitcoin's market capitalization share is too high (at 56%), showing a situation where Bitcoin rises while altcoins do not follow. For altcoins to regain vitality, we need to wait for Bitcoin to consolidate or for Ethereum to stabilize above 4000 points.
In a bull market, retail investors often follow the trend and buy in, showing high trading stickiness and a strong willingness to hold. If not cleared through a sharp decline to eliminate some floating capital, the main force will face huge costs in raising coin prices, as retail investors tend to sell off after making a profit, thereby increasing market selling pressure. Therefore, during market lows and declining trading volumes, the market makers will only pull the market with the lowest cost.
In summary, there is no need to panic in the face of a market crash; the declines in a bull market are often to build momentum for subsequent rises. Investors need to remain calm and patient, grasping the long-term trend to have a chance to profit steadily amidst market fluctuations. Additionally, the innovative concept of Musk-themed dog puppies based on the Ethereum chain is expected to replicate the success of Shiba Inu, making it worth attention and research. #BTC再创新高 #美降息25个基点预期升温 #市场全线看牛? #市场全线看牛? #puppies $BTC $XRP $DOGE