#加密市场回调

The overall market enthusiasm was too high some time ago. If nothing unexpected happens, the market, with the knife handed over by Powell, should be the strongest cleansing on the eve of the rapid completion of the copycat bull market. However, a greater wealth effect is coming after this wave. No matter how embarrassed it is now, as long as it survives, it will eventually stand on the highest stage.

Operational suggestions

Don't blindly buy at the bottom, don't follow the trend, layout the mainstream, don't use high leverage, do a good job of position management, watch more and do less, and follow the trend.

In the long run, the current decline is not a big deal:

Let’s talk about Powell’s shorting of Bitcoin. It is known that Trump is bullish, and Trump’s current power is basically capped in the United States. Powell’s resignation is just a matter of words. Even if he is not removed, Arthur Hayes believes that Chuanzi can also check and balance Powell through his nominated Treasury Secretary Scott Bessent. In short, this wave of market decline is indeed a bit impulsive. Rational thinking should be to distinguish between big and small kings;

In addition, in the first quarter of next year, there will be 16 billion in compensation from FTX to enter the market, and there will be strategic reserve plans in various states later. The Federal Reserve cannot control these. The Federal Reserve is just an institution that prints money, and the Treasury Department is the one who spends money. Therefore, the long-term rise of Bitcoin has not changed. This wave of correction is to clear leverage and then pick everyone up.