BitEagle 🦅6.1 Accurate Market Analysis @Everyone

Happy Children's Day, brothers!

When I was a child, I wanted to grow up, but when I grew up, I had too many worries.

I also wanted to be a child again. It's not easy to be an adult.

We in the currency circle have less fun and more pressure.

The bear market has been falling and the pressure is high. The bull market is not daring to buy and the pressure is high.

Seeing others making money is stressful, and the delay in rising is stressful.

There is less fun, and the only fun is the moment when the price soars after buying.

The recent market is overcast and strange.

Yesterday's PCE data was positive, boosting interest rate cut bets,

but BTC did not rise but fell. At present, AR is stronger.

From the on-chain data, after the data was released,

BTC still flowed into the exchange,

stablecoins flowed out of the exchange,

the situation is not good.

The inflow of funds in ETFs has slowed down significantly.

Grayscale sold more than 100 million US dollars of coins yesterday,

and the inflow of other ETFs was 0.

The economic data is positive, but why is it not rising?

Bitcoin Eagle analyzed two reasons.

(1) Big funds are worried about war and conflict.

BTC is a risky asset, and war and conflict will lead to a sharp drop.

Biden has secretly authorized Ukraine to use US weapons to attack targets in Russia.

Russia has frequently called out to NATO recently, and the smell of gunpowder is very strong.

(2) Big funds are worried about Mentougou.

Mentougou holds $9 billion in BTC. Once all of it is released, BTC will face a halving.

What is the concept of $9 billion? It is equivalent to Grayscale selling $100 million in BTC every day for 90 consecutive days.

The ETF has an average daily inflow of $150 million. It needs to maintain this inflow for 60 consecutive days to offset the impact of Mentougou.

Therefore, big funds are retreating and preparing to wait for the black swan to buy the bottom.

How do we operate?

If there is no black swan on the weekend, there should be a rebound.

So hold the currency and wait for opportunities in the next few days. If you buy spot, there is no problem.

Don't panic too much. When good news comes, take profit.

Recommended holding position 70%,

Currencies held: AR, CHR, FTM, Matic, STX. $BTC $ETH $BNB #MtGox钱包动态 #BTC走势分析 #