If the price of Bitcoin (BTC) returns to $48,000.... #BTC

If the price of Bitcoin (BTC) returns to $48,000.... Is a change imminent? Is there still a chance? ?

At present, the long and short sides of the market are fighting fiercely and have their own views, as follows:

Bullish view:
1. Ethereum Prague upgrade (technological innovation) is coming soon
2. Stablecoin inflow hit the third highest level in history last week!
3. Brother Sun bought the bottom of tens of thousands of ETH ETFs and continued to inflow
4. US ETF passed (capital entrance)
5. After halving, the annual selling pressure of Bitcoin will be reduced by more than 10 billion
6. Short-term holders of mvrv show that 60,000 is the bottom
7. After halving, the cost price of mining machines is around 60,000
8. Interest rates will be cut soon (Brother Wang thinks this is difficult in the short term)

Bearish view:
1. Halving becomes bearish, with large-scale selling and negative financing rates
2. 10K large institutions have cleared their positions and ETF inflows are getting less and less
3. The altcoin needs a big drop
4. Bitcoin's weak rise may take a long time to reach 50,000 and interest rate cuts. The price can't stand it at all. If it breaks 60,000, it will be 50,000. The altcoin will fall by 90%
5. There will always be opportunities. It is a wise choice to go short first
6. The war is not really over yet. Once the three wars come, everything will collapse GSR asked us to buy at the bottom and ran away first
Then the question is, no matter what the market says. What do you think now?
Player: I originally just wanted to speculate on a coin, but I didn't expect that I would have to consider more than a graduate student studying economics...
Let's put aside the long and short factors today and consider a hypothesis. As the title says, you are more entangled with the current price. If the price of Bitcoin returns to 48,000 US dollars, will you buy it?
Wang Ge himself will definitely buy it, at least based on the current market psychology, regardless of the market environment when it really falls to 48,000, or in other words, if it falls to around 55,000, I may not be able to resist and start building a position.
So is there a chance of 48,000?
In fact, it is still possible. It only takes a slight move by the Federal Reserve to add the interest rate hike that should have been raised last year.
Of course, this is just an assumption.
In fact, in this situation, the macro situation and internal factors can no longer be used to judge the trend of the market. Only believers and non-believers are playing long and short games.

This market has slowly entered an irrational stage, which is often referred to as the stage where everyone is calling each other idiots. Before this stage, there will definitely be arguments that will allow both bulls and bears to remain steadfast, so we don't need to be anxious and can just wait patiently for opportunities.

Another observation in the industry is that many staking projects such as Ethfi, Ena, Renzo, etc., stablecoin projects, Ponzi-like projects, and storytelling projects have deeply attracted a group of people. Such projects will definitely harvest a group of people at the beginning, and then start the main rising wave. This is the case with many Bs in the past, as well as Luna and even Sol. Only after the violent bottom shock can it start to rise violently. Therefore, the currencies mentioned above still need time to clean up, and there will be several times or dozens of times of increase later.

Don't be anxious. You can eat hot tofu in a hurry, but you can't eat good tofu with good quality and low price. If you have to say what is bad? How can it be adjusted again? Jiaoliu qun+V: 2758624303 I personally think that the entry of Hong Kong ETFs is bad news. Of course, this is just a personal feeling and there is no basis.

In terms of the market, near the end of the month, the market is about to change, so wait a few more days.

In addition, regarding pledge-type DeFi projects, when you participate, you must do a background check and find projects participated by large institutions such as Binance, Ouyi or well-known currency circle investment institutions, otherwise it is easy to encounter the bad luck of money-raising and running away, such as the zkas a few days ago, the trader directly embezzled more than 10,000 Ethereums from everyone, which was very fucked.
There are also exchanges. At present, the first-tier is Ouyi Binance, and the second-tier is gate bitget. Try not to participate in other exchanges.

In addition, don't trust anyone easily. It is safest to keep the coins with yourself. Don't listen to the advice of netizens, big V or xx teacher, and transfer coins to participate in private placements, foreign exchange, gold, bulk, small exchanges. Remember, keep the coins in your own wallet, wait for the opportunity to buy some mainstream coins, and patiently hold them until the end of the year. There is still a chance to double them. If you give them to others, the probability is that they will return to zero.
By the way, if you are a rune player, then the current price of 0.02b is actually cost-effective. You can take a look and decide whether to buy or not. #大盘走势 #ETH #BNB