About the underlying logic of the spot trading market
Let me talk about the conclusion first. All the rises are for the sake of falls. All capital trading markets follow this rule. So this is why so many people will call short no matter what the price is, because the probability of being short must be higher than the probability of being long. Back to the market itself, since the beginning of cryptocurrency trading, countless people have been badmouthing the market, and all kinds of negative comments have exploded, hoping that the market will return to zero overnight. But the fact is that transaction volume continues to rise and prices hit new highs, making it the best place for asset appreciation in recent decades. Why does this phenomenon occur? Then we have to talk about the basic attribute of currency, circulation. The greatest value of all currencies is circulation. From individual to individual, from one market to another. The cryptocurrency market is a challenge to oldmoney's authority. If it were you, would you like more people to participate in the new market instead of playing in your old market? Of course not. But what happens when all the market seats are filled and there is no room for newcomers to gain a foothold? That is to create new markets and not play with old people. Therefore, the cryptocurrency trading market can be understood as the market created by newmoney, a new market, new rules, and new class divisions. Heroes emerge from chaos, which is why we see so many unknown and unknown people becoming rich overnight. Regardless of whether you are old money or new money, or whether you like it or not, this market has already been formed and is not subject to anyone's will. As early as the Berkshire Hathaway shareholder meeting, Buffett said that he was sorry to see the success of the Bitcoin market. Is this the end? Not even close to that. Although this market is growing faster than all capital markets, it is still in its infancy. With the advent of web3.0, general artificial intelligence and other high-tech productivity, the cryptocurrency market as the basis of circulation is still in its infancy. Far from peaking. Coding is not easy, please give it a thumbs up. In the next article, I will write about the relationship between BTC and various small currencies, and at what stage this bull market will stop. #BTC #现货 $BTC