No, but it will inevitably fall back to 50,000 to 60,000 in the future.
There is no need to talk about this news or that news about wars breaking out somewhere. The core reasons are actually two:
1. The money in the pool is not enough to continue to push up the price.
2. The risk of continuing to pull up the market far outweighs the benefits.
These waves are actually not called pullbacks, but rather turnovers.
Constantly fluctuating, the excess, high-priced chips behind them are exchanged for the leeks to stand guard at the top of the mountain...
After finishing the job, he ran away.
Because from an economic perspective: there is only so much money in the pool, and if you want to raise it further, you can't do it without money.
From the perspective of risk: if the price goes up further, it will not bring much benefit to the investors except that more investors can get out of the market. Institutions do not pursue doubling the price… and if they blindly push the price up, and you all run away, then the institutions will be left standing guard at the top of the mountain… Why should they do so?
This thing can actually reach a maximum of 7.5 in this wave. If it gives in one step further, it will reach 8... which is already the peak of this wave.
But to be honest, don't think about earning the last penny, so when it reaches about 7, it's time to stop. The department responsible for buying can take a vacation...it's time for other groups to work.
Also, don't count too much on interest rate cuts.
The interest rate cut is not good for this circle, but bad.
With lower interest rates, more money will be available, and there will also be more investment options...
U.S. stocks, gold, silver, oil and gas, etc. are all easier to attract money than this circle because they are relatively more stable.
If things go wrong, some of the money in this circle will flow back to other places.
Besides, capital has always been a bet on expectations... People had already started to make plans last year before the interest rate cut was implemented, and then changed hands this year.
By the time it is officially confirmed, people have already gone to do other things...leaving the leeks at the top of the mountain at 60,000 or 70,000 meters, waiting for the next dawn.
The logic of some people is very stupid: they think this is a bull market so they get 100,000...
The problem is that for this thing to rise, there has to be someone holding it up from below.
The fact that it can rise to 100,000 shows that even when it reaches 90,000, there are still a lot of institutions willing to continue to enter the market.
The most important thing that institutions need to consider when entering the market is the turnover rate, which means that at least there must be someone to take over after I buy and sell. Otherwise, if I buy and cannot sell, will I keep it for profit?
In this way, the premise for the price to rise to 100,000 is that when the price reaches 90,000, the market is still bullish and everyone is eager to buy at a high price.
The logic of the smart guy is this: he is so smart that he will not take the 70,000 yuan pie, but he is full of confidence that the institution will continue to increase this to 100,000 yuan...
I just don’t understand what this perception is: your resume isn’t even accepted when you apply for a cleaning job, so how dare you think you can manipulate the organization?
Another part is newbies: they think the institutions hold the same price as them...
That goes without saying.
What is the underlying logic of the sector rotation? Institutions only have enough to invest in mainstream coins, not in other currencies, and they cannot run away, otherwise the market will collapse. The speculators who did not keep up with the institutions dare not reach the top of the mountain, and are unwilling to not make money, so they look around for places where they can get some oil and water, so that they can fight guerrilla warfare everywhere to make some money.
Why does the rise of memes mean the end of the bull market? One reason: other stocks are already too expensive and not many investors dare to take them. So they just pull memes and sell them one by one. It's like a hospital saying that a person is dying, so he will go to a traditional Chinese doctor or even a shaman. It's the same reason.
The future lows will be lower and lower, just open shorts on highs. Even if this wave is pulled up, it will be the top of 69,000.
For specific operations, the main person is Ye Jincun, who has 8 years of experience in the cryptocurrency industry. Welcome to consult#WIF #比特币减半 #大盘走势 $BTC $SOL
