Last Friday, the United States released non-farm data and employment data. The macroeconomic situation presented by the two data is very contradictory, which led to a sharp drop in the crypto market. The general decline of the cottage industry exceeded 15%. There is a problem in the narrative. Since the data is contradictory, why did it plummet?
I have never figured this out, but based on my recent observations, I think Wall Street has formed a new force to short BTC, and they have begun to attack the cryptocurrency market in groups.
The specific way is to short BTC spot funds and MicroStrategy company stocks in the US stock market, and with various negative news, force BlackRock and MicroStrategy to sell BTC.
At the same time, short the crypto market with high leverage. Achieve multiple kills with one fish. Many group friends said that it is a bull market now, and there is an expectation of interest rate cuts. BTC has such a good momentum.
Why do Wall Street institutions want to short? The main reason is that everyone looks at the problem in different time dimensions. For me, there is no doubt that there will be a big bull market from this year to next year, and the market's expectations for the Fed's interest rate cut in September are also very strong.
But it is only June now. Wall Street does not need to wait until September to cut interest rates before cutting you. It wants to cut you now, and use the long leverage in the crypto market to panic and sell meat. They make a lot of money and leave. Therefore, for short-term players, you should pay attention to risks in the short term.
Now the macro and US stocks are closely related to the crypto market. The macro situation will be transmitted to the crypto market quickly. You must watch the market at a high intensity at some key points. Otherwise, if Wall Street really succeeds in shorting, your account will need to survive. But for long-term spot players like me, no matter how powerful Wall Street shorts, institutions are paper tigers.
Our response is a 12-word policy: Only by enduring loneliness can we keep prosperity. Any shorting of the crypto market is our opportunity to get on board, from last year to now. Patient people can make money!
At present, the bull market is surging, and we have the opportunity to share passwords every day.
Again, if you don’t know what to do in the bull market, click on my avatar, follow me, bull market spot planning, contract passwords, free sharing.
I need fans, you need reference. It’s better to follow than to guess.
