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A brief pullback in the biggest bull run: Time to buy some 20x altcoins!BTC retreated sharply, breaking through the 30-day moving average of 98.7k and temporarily reaching around 95k. In the past 24 hours, the entire network has seen a liquidation of US$1.023 billion, with over 300,000 people having their positions liquidated. Cherish your life and stay away from contracts. So in the short term, it will be difficult to return to a strong position: The overall market enthusiasm was too high some time ago. If nothing unexpected happens, the market, with the knife handed over by Powell, should be the strongest cleansing on the eve of the rapid completion of the copycat bull market. But after this wave, a greater wealth effect is coming. No matter how miserable you are now, as long as you survive, you will eventually stand on the highest stage.

A brief pullback in the biggest bull run: Time to buy some 20x altcoins!

BTC retreated sharply, breaking through the 30-day moving average of 98.7k and temporarily reaching around 95k.

In the past 24 hours, the entire network has seen a liquidation of US$1.023 billion, with over 300,000 people having their positions liquidated. Cherish your life and stay away from contracts.
So in the short term, it will be difficult to return to a strong position:
The overall market enthusiasm was too high some time ago. If nothing unexpected happens, the market, with the knife handed over by Powell, should be the strongest cleansing on the eve of the rapid completion of the copycat bull market.
But after this wave, a greater wealth effect is coming. No matter how miserable you are now, as long as you survive, you will eventually stand on the highest stage.
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Brief Pullback Moment: Powell Can't Change the Bull Market, How to Pick Up the 100x Bloody Chips?Early this morning, Powell stated that central banks are not allowed to hold Bitcoin, and in the face of the elected President Trump's promise to create a strategic Bitcoin reserve, "no legal changes are sought." Additionally, the Federal Reserve's meeting lowered the interest rate expectations for next year, contrary to the market's positive response expectations, which caused a general decline in the crypto market. Bitcoin once fell below the $100,000 mark, affecting major altcoins. I know you're anxious, but please don't panic! The bull market isn't over yet, so don't rush to jump off the building! Powell's negative attitude poses a challenge to Trump's policy advancement but may not be a decisive factor. Bitcoin as a strategic reserve plan can be achieved through legislation by Congress. Trust in the power of trends; they are irreversible.

Brief Pullback Moment: Powell Can't Change the Bull Market, How to Pick Up the 100x Bloody Chips?

Early this morning, Powell stated that central banks are not allowed to hold Bitcoin, and in the face of the elected President Trump's promise to create a strategic Bitcoin reserve, "no legal changes are sought."
Additionally, the Federal Reserve's meeting lowered the interest rate expectations for next year, contrary to the market's positive response expectations, which caused a general decline in the crypto market. Bitcoin once fell below the $100,000 mark, affecting major altcoins.

I know you're anxious, but please don't panic!
The bull market isn't over yet, so don't rush to jump off the building!
Powell's negative attitude poses a challenge to Trump's policy advancement but may not be a decisive factor. Bitcoin as a strategic reserve plan can be achieved through legislation by Congress. Trust in the power of trends; they are irreversible.
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Ambush 3 super bullish hot tokens to double your wealth in the bull market!Bitcoin has risen so much; when will the altcoin season explode! What trading opportunities do we still have? Referencing the BTC cycles of historical bull markets, there is usually a simple flow of funds before the altcoin season occurs: BTC → ETH → Major coins → Mid/Small cap coins → Almost all coins begin to frenzy → The bull market ends and enters a long bear market phase.#内容挖矿 #比特币 #币圈观察者 Believe in the overall trend of the market; following the trend will lead to profits. You need to choose the right coins and good coins: - This round of strong coins and this wave of resilient altcoins: In any case, Sweet Girl believes that as long as the bull market persists, strong whales will not settle for just a small profit.

Ambush 3 super bullish hot tokens to double your wealth in the bull market!

Bitcoin has risen so much; when will the altcoin season explode! What trading opportunities do we still have?
Referencing the BTC cycles of historical bull markets, there is usually a simple flow of funds before the altcoin season occurs:
BTC → ETH → Major coins → Mid/Small cap coins → Almost all coins begin to frenzy → The bull market ends and enters a long bear market phase.#内容挖矿 #比特币
#币圈观察者
Believe in the overall trend of the market; following the trend will lead to profits. You need to choose the right coins and good coins:
- This round of strong coins and this wave of resilient altcoins:
In any case, Sweet Girl believes that as long as the bull market persists, strong whales will not settle for just a small profit.
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$◢ Orion ($ORN) Market Cap: $83.4862 million 24-Hour Trading Volume: $6.2209 million ORN (Orion Protocol) is a decentralized liquidity aggregation platform designed to integrate major exchanges worldwide, providing a seamless trading experience. The project has its unique aspects in various areas, from economic models to potential and risks. In terms of potential, Orion Protocol has significant advantages. Firstly, its liquidity aggregation feature addresses the issue of fragmented liquidity in the crypto market by consolidating data and liquidity from multiple exchanges to provide users with the best trading prices. Secondly, the decentralized architecture of Orion Protocol ensures transparency and security in transactions, reducing the common security risks associated with centralized exchanges. In the past week, it has risen by 58.7%, and it has increased by 153% over the past year.
$◢ Orion ($ORN)

Market Cap: $83.4862 million

24-Hour Trading Volume: $6.2209 million

ORN (Orion Protocol) is a decentralized liquidity aggregation platform designed to integrate major exchanges worldwide, providing a seamless trading experience.

The project has its unique aspects in various areas, from economic models to potential and risks.

In terms of potential, Orion Protocol has significant advantages. Firstly, its liquidity aggregation feature addresses the issue of fragmented liquidity in the crypto market by consolidating data and liquidity from multiple exchanges to provide users with the best trading prices.

Secondly, the decentralized architecture of Orion Protocol ensures transparency and security in transactions, reducing the common security risks associated with centralized exchanges.

In the past week, it has risen by 58.7%, and it has increased by 153% over the past year.
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Milestone! Bitcoin enters the $100,000 new era, with 100% potential return coins in 3 bull markets!Bitcoin at $100,000 is a historic point, at which various heroes are just preparing to make their entrance. Remember the bull market from 2020 to 2022? After Bitcoin's sharp drop from $3,120, it started a bull market, rising from around $3,800 to nearly $70,000, with a peak of $69,198. Many large companies and institutions entered the market at $30,000 to $50,000, and after entering, they have not made a 50% profit. What followed was the beginning of a bear market, leading to being trapped. Following the $100,000 Bitcoin, a wave of fresh blood will surge into the market; just now, USDT continued to be issued on-chain, and the issuance reported last month on the Ethereum chain reached $3 billion.

Milestone! Bitcoin enters the $100,000 new era, with 100% potential return coins in 3 bull markets!

Bitcoin at $100,000 is a historic point, at which various heroes are just preparing to make their entrance.
Remember the bull market from 2020 to 2022? After Bitcoin's sharp drop from $3,120, it started a bull market, rising from around $3,800 to nearly $70,000, with a peak of $69,198.
Many large companies and institutions entered the market at $30,000 to $50,000, and after entering, they have not made a 50% profit. What followed was the beginning of a bear market, leading to being trapped.
Following the $100,000 Bitcoin, a wave of fresh blood will surge into the market; just now, USDT continued to be issued on-chain, and the issuance reported last month on the Ethereum chain reached $3 billion.
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This time the altcoin sector is just a rebound, there is still good space but it is necessary to secure profits unless Ethereum shows significant application innovation, a trend-driven bull market arrives, or a new innovative sector emerges in altcoins, and the market has funds to speculate!
This time the altcoin sector is just a rebound, there is still good space but it is necessary to secure profits unless Ethereum shows significant application innovation, a trend-driven bull market arrives, or a new innovative sector emerges in altcoins, and the market has funds to speculate!
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Start positioning for early opportunities; 4 tokens with unlimited potential need attention!The daily line shows a small bearish candle with upper and lower shadows, and the trading volume is slightly higher than the day before, which is a normal downward adjustment trend. The bearish candle on the daily chart is starting to shorten, showing a candlestick pattern similar to a doji, and the downward momentum is decreasing. It will not continue to decline here; after a wave of consolidation, there will be a rebound. The height of the rebound is in the range of 96,000-98,000. The focus is not on Bitcoin, but on altcoins. Altcoins did not amplify their declines when Bitcoin fell yesterday; in fact, some strong altcoins even saw crazy increases against the trend.

Start positioning for early opportunities; 4 tokens with unlimited potential need attention!

The daily line shows a small bearish candle with upper and lower shadows, and the trading volume is slightly higher than the day before, which is a normal downward adjustment trend.
The bearish candle on the daily chart is starting to shorten, showing a candlestick pattern similar to a doji, and the downward momentum is decreasing. It will not continue to decline here; after a wave of consolidation, there will be a rebound.
The height of the rebound is in the range of 96,000-98,000.
The focus is not on Bitcoin, but on altcoins. Altcoins did not amplify their declines when Bitcoin fell yesterday; in fact, some strong altcoins even saw crazy increases against the trend.
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The altcoin bull market has arrived, anticipate 100% surging tokens!Bitcoin has recently gone through a wave of adjustment, dropping to around 92,500, which has caused many to worry about a crash or that the bull market has ended. Sweet Sister believes there will be a demand for short-term market corrections, but the extent should not be too large, as the buying power below is very strong. Currently, the issuance of stablecoins like USDT and USDC is continuously increasing, with a total market capitalization exceeding $190 billion, setting a new historical high. In just November, $15 billion has been issued, indicating a large influx of new funds into the market. The Bitcoin spot ETF is also seeing continued net inflows, along with MSTR's leverage effect, which are driving Bitcoin prices to new highs.

The altcoin bull market has arrived, anticipate 100% surging tokens!

Bitcoin has recently gone through a wave of adjustment, dropping to around 92,500, which has caused many to worry about a crash or that the bull market has ended.

Sweet Sister believes there will be a demand for short-term market corrections, but the extent should not be too large, as the buying power below is very strong.
Currently, the issuance of stablecoins like USDT and USDC is continuously increasing, with a total market capitalization exceeding $190 billion, setting a new historical high.
In just November, $15 billion has been issued, indicating a large influx of new funds into the market.
The Bitcoin spot ETF is also seeing continued net inflows, along with MSTR's leverage effect, which are driving Bitcoin prices to new highs.
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Ethereum has finally started, is it the spring for mainstream coins? Which hot coins to layout this weekend?After Trump was elected as the new president of the United States, the continuous net inflow of Bitcoin spot ETFs and various favorable developments such as MicroStrategy and other listed companies increasing their Bitcoin purchases. Bitcoin welcomed a new round of explosion this month, surging to $99,588 this morning, just under $500 away from the $100,000 target. The good news today is that Ethereum has finally started! Today, the list of top gainers on Binance is completely filled with ISO 20022 coins. Such as $xrp $xlm $iota $hbar $iota $algo $ada These coins may be familiar to everyone, and there are two more coins that are also of this concept.

Ethereum has finally started, is it the spring for mainstream coins? Which hot coins to layout this weekend?

After Trump was elected as the new president of the United States, the continuous net inflow of Bitcoin spot ETFs and various favorable developments such as MicroStrategy and other listed companies increasing their Bitcoin purchases.
Bitcoin welcomed a new round of explosion this month, surging to $99,588 this morning, just under $500 away from the $100,000 target.

The good news today is that Ethereum has finally started!
Today, the list of top gainers on Binance is completely filled with ISO 20022 coins.
Such as $xrp $xlm $iota $hbar $iota $algo $ada
These coins may be familiar to everyone, and there are two more coins that are also of this concept.
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Is BTC about to break 100k? Which altcoins will surge next?Bitcoin has reached 97.8k USD, just one step away from 100k. The more it rises, the more people talk about a big correction. It has been said recently that there is currently no possibility of a deep correction. The high sell zone near BTC10w. When it pulls back to 5k points, it may be the limit. Shorting here for hedging is a guaranteed profit. If we want to directly sprint to 110k, it's prudent to wait for the price to pull back to 98,888 after reaching 101,600 before entering long, indicating that 100k has officially been broken. If Bitcoin drops slightly after hitting a new high, then altcoins will collectively cry. The current market situation is very painful. Wall Street funds only buy Bitcoin, and American retail investors only buy on-chain MEME. Mid-tier altcoins are temporarily abandoned by the market.

Is BTC about to break 100k? Which altcoins will surge next?

Bitcoin has reached 97.8k USD, just one step away from 100k.
The more it rises, the more people talk about a big correction.
It has been said recently that there is currently no possibility of a deep correction.
The high sell zone near BTC10w. When it pulls back to 5k points, it may be the limit. Shorting here for hedging is a guaranteed profit.
If we want to directly sprint to 110k, it's prudent to wait for the price to pull back to 98,888 after reaching 101,600 before entering long, indicating that 100k has officially been broken.

If Bitcoin drops slightly after hitting a new high, then altcoins will collectively cry. The current market situation is very painful. Wall Street funds only buy Bitcoin, and American retail investors only buy on-chain MEME. Mid-tier altcoins are temporarily abandoned by the market.
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Trump announced that Vaimy and Musk established an efficiency department named DOGE. No wonder DOGE has been flying in the past few days. After the news was announced, various DOGE on the chain took off, such as d.o.g.e. etc. $DOGE
Trump announced that Vaimy and Musk established an efficiency department named DOGE. No wonder DOGE has been flying in the past few days. After the news was announced, various DOGE on the chain took off, such as d.o.g.e. etc. $DOGE
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A pullback is an opportunity to get on board. These three altcoins may become the next 100x potential stocks!#BTC冲破9万 #From the daily level, Bitcoin failed to break through the short-term impact of 90,000 and fell back. However, the energy did not increase during the decline, which was a decline in volume. Therefore, the room for correction is limited. At most, it will step back to the short-term moving average, which is around 84,000. After adjustment and accumulation of momentum, it will continue to impact the 90,000 mark and will definitely break through 90,000 to set a new historical high! Trump announced that Vaimy and Musk established an efficiency department named DOGE. No wonder DOGE has been flying in the past few days. After the news was announced, various DOGEs on the chain took off, such as d.o.g.e. and so on.

A pullback is an opportunity to get on board. These three altcoins may become the next 100x potential stocks!

#BTC冲破9万 #From the daily level, Bitcoin failed to break through the short-term impact of 90,000 and fell back. However, the energy did not increase during the decline, which was a decline in volume. Therefore, the room for correction is limited. At most, it will step back to the short-term moving average, which is around 84,000. After adjustment and accumulation of momentum, it will continue to impact the 90,000 mark and will definitely break through 90,000 to set a new historical high!

Trump announced that Vaimy and Musk established an efficiency department named DOGE. No wonder DOGE has been flying in the past few days. After the news was announced, various DOGEs on the chain took off, such as d.o.g.e. and so on.
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#美国大选后行情预测 #BTC走势预测 Cryptocurrency Circle Many Coin Friends Worry That Trump Loses 🇺🇸 The Election And The Cryptocurrency Market Will Collapse In fact, the underlying logic of the entire cryptocurrency market is really not like this = In the last bull market, BTC, ETH, and the entire cryptocurrency circle were still in a bonus period, with more retail investors than institutions, and the profit-making effect was strong. At that time, there were only a few sectors in the cryptocurrency market, each with only a few coins, so the entire bull market was almost always: General Rise → Correction or Sideways → Sector Rotation → Correction or Sideways → General Rise ♻️. At that time, no matter what coin you bought, as long as you dared to hold it, there were times to make a profit; it was just a difference in how much it rose. However, this year's bull market has clearly seen a significant increase in difficulty, and the fundamental reason is that there are too many coins in the market now, with institutions outnumbering retail investors. If retail investors come in and can't make any money 💰, they naturally won't attract new retail investors to enter the market, so we often see that when Bitcoin is rising, altcoins do not follow; when Bitcoin corrects, altcoins crash (currently BTC is still at 68,000, but many coins are lower than last year's BTC starting point). So in this bull market so far, let's not even mention the difference between retail investors making more or less like last time; most of them are losing more than they did in last year's bear market 🥹. For a bull market of this hellish difficulty level, neither Trump nor Musk can bring up a coin with just one sentence like in the last bull run; Musk's calls for Doge have resulted in diminishing returns, which is proof of that. = The current cryptocurrency market is no longer a small market where one influential person can affect the overall situation; for a structural bull market to rise, the condition must be a consensus among multiple large incremental funds, and it cannot be driven by just one or two people. BTC's current pricing power is in 🇺🇸, which is a fact that Sweet Sister, as a 🇨🇳 person, does not want to see but cannot deny, so no matter who takes office, it will not change the basic logic of the bull market. No one will maliciously damage their own little money tree; this is basic human nature. =
#美国大选后行情预测 #BTC走势预测 Cryptocurrency Circle Many Coin Friends Worry That Trump Loses 🇺🇸 The Election And The Cryptocurrency Market Will Collapse
In fact, the underlying logic of the entire cryptocurrency market is really not like this
=
In the last bull market, BTC, ETH, and the entire cryptocurrency circle were still in a bonus period, with more retail investors than institutions, and the profit-making effect was strong. At that time, there were only a few sectors in the cryptocurrency market, each with only a few coins, so the entire bull market was almost always: General Rise → Correction or Sideways → Sector Rotation → Correction or Sideways → General Rise ♻️. At that time, no matter what coin you bought, as long as you dared to hold it, there were times to make a profit; it was just a difference in how much it rose.
However, this year's bull market has clearly seen a significant increase in difficulty, and the fundamental reason is that there are too many coins in the market now, with institutions outnumbering retail investors. If retail investors come in and can't make any money 💰, they naturally won't attract new retail investors to enter the market, so we often see that when Bitcoin is rising, altcoins do not follow; when Bitcoin corrects, altcoins crash (currently BTC is still at 68,000, but many coins are lower than last year's BTC starting point). So in this bull market so far, let's not even mention the difference between retail investors making more or less like last time; most of them are losing more than they did in last year's bear market 🥹.
For a bull market of this hellish difficulty level, neither Trump nor Musk can bring up a coin with just one sentence like in the last bull run; Musk's calls for Doge have resulted in diminishing returns, which is proof of that.
=
The current cryptocurrency market is no longer a small market where one influential person can affect the overall situation; for a structural bull market to rise, the condition must be a consensus among multiple large incremental funds, and it cannot be driven by just one or two people.

BTC's current pricing power is in 🇺🇸, which is a fact that Sweet Sister, as a 🇨🇳 person, does not want to see but cannot deny, so no matter who takes office, it will not change the basic logic of the bull market. No one will maliciously damage their own little money tree; this is basic human nature.
=
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Can Bitcoin break the new high? Hold these chips well and wait for a violent rally!Bitcoin's current upward momentum is stagnant. How might the future market develop? Typically, the upward trend of BTC follows the pattern of 'rally - consolidation - stop loss breakdown - continue to rally', and it is currently in the consolidation phase. If there can be a slight pullback later, especially if it continues to rise near 70,600, this kind of trend would align more with market logic. However, the PCE, unemployment claims, and employment data are all potential variables. The PCE indicator is shown in the graph, and the market expectation for first-time unemployment claims this week is 230,000. Below expectations would be favorable, while above expectations may constitute a negative impact.

Can Bitcoin break the new high? Hold these chips well and wait for a violent rally!

Bitcoin's current upward momentum is stagnant. How might the future market develop?
Typically, the upward trend of BTC follows the pattern of 'rally - consolidation - stop loss breakdown - continue to rally', and it is currently in the consolidation phase.
If there can be a slight pullback later, especially if it continues to rise near 70,600, this kind of trend would align more with market logic.
However, the PCE, unemployment claims, and employment data are all potential variables. The PCE indicator is shown in the graph, and the market expectation for first-time unemployment claims this week is 230,000. Below expectations would be favorable, while above expectations may constitute a negative impact.
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When I woke up today, the market was red again. Bitcoin has performed very poorly in the past month and it even fell below 58,000 today. This is the first time for everyone to experience such a market. Since the market has come to this point, there is nothing we can do. Take Bitcoin as an example. The price of Bitcoin 58 has reached a very cost-effective price, and the same is true for ETH.
When I woke up today, the market was red again. Bitcoin has performed very poorly in the past month and it even fell below 58,000 today. This is the first time for everyone to experience such a market. Since the market has come to this point, there is nothing we can do. Take Bitcoin as an example. The price of Bitcoin 58 has reached a very cost-effective price, and the same is true for ETH.
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How much BNB does CZ have? According to a recent report from Forbes, Binance CEO Changpeng Zhao personally owns 94 million BNB tokens (roughly 64% of the exchange’s total supply). Forbes found through forensic analysis of wallets that Zhao Changpeng controls more than half of the 80 million tokens he and the Binance founding team received after the exchange was founded. During Binance’s 2017 initial coin offering (ICO), 100 million BNB tokens were allocated for crowdfunding. However, Forbes has now revealed that the ICO was undersubscribed, meaning that demand failed to meet the available supply. According to its analysis, less than 11 million tokens were actually sold during the ICO. The unsold tokens ended up in wallets controlled by Binance.

How much BNB does CZ have?


According to a recent report from Forbes, Binance CEO Changpeng Zhao personally owns 94 million BNB tokens (roughly 64% of the exchange’s total supply).
Forbes found through forensic analysis of wallets that Zhao Changpeng controls more than half of the 80 million tokens he and the Binance founding team received after the exchange was founded.
During Binance’s 2017 initial coin offering (ICO), 100 million BNB tokens were allocated for crowdfunding. However, Forbes has now revealed that the ICO was undersubscribed, meaning that demand failed to meet the available supply. According to its analysis, less than 11 million tokens were actually sold during the ICO. The unsold tokens ended up in wallets controlled by Binance.
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I don't agree with the view that there is no altcoin season in this bull market. There are very few products that can be sold by smashing the market. Only crazy pull-ups during the altcoin season are the best way for each project to sell. How to deal with it in the later stage? 1. Position allocation, before October 24, 50% BTC, 30% ETH/SOL/BNB, 20% popular altcoins; 2. At the end of October, it is expected that BTC will complete the third wave, and 30% BTC, 40% ETH/SOL/BNB, and 30% popular altcoins will be allocated; 3. At the end of December, it is expected that BTC will enter the top range, and 30% USDT arbitrage, 30% ETH/SOL/BNB, and 40% popular altcoins will be allocated; 4. At the end of March 25, it is expected that the altcoin season will end, 90% USDT, 10% popular altcoins; 5. Starting from April 25, clear the position and focus on US stocks.
I don't agree with the view that there is no altcoin season in this bull market. There are very few products that can be sold by smashing the market. Only crazy pull-ups during the altcoin season are the best way for each project to sell.

How to deal with it in the later stage?

1. Position allocation, before October 24, 50% BTC, 30% ETH/SOL/BNB, 20% popular altcoins;

2. At the end of October, it is expected that BTC will complete the third wave, and 30% BTC, 40% ETH/SOL/BNB, and 30% popular altcoins will be allocated;

3. At the end of December, it is expected that BTC will enter the top range, and 30% USDT arbitrage, 30% ETH/SOL/BNB, and 40% popular altcoins will be allocated;

4. At the end of March 25, it is expected that the altcoin season will end, 90% USDT, 10% popular altcoins;

5. Starting from April 25, clear the position and focus on US stocks.
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Most people can endure physical hardships and work diligently, leaving home early and returning late; very few people can endure mental hardships, and every market fluctuation in long-term investment is torture...
Most people can endure physical hardships and work diligently, leaving home early and returning late; very few people can endure mental hardships, and every market fluctuation in long-term investment is torture...
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Why don't altcoins have a wealth-creating effect? Why is Bitcoin the strongest? It's because Wall Street is buying it and because Binance is regulated. If it weren't for Wall Street, Bitcoin would have died at this time... Most exchanges have losses, so they don't want to rise, they want to short to settle accounts. However, Wall Street is too strong and has a lot of money. At this time, they have to sell spot and go long in futures (hedging is necessary). But Bitcoin is hard to fall. "The reason why the copycat market is so difficult in this round of market is that, essentially, apart from Wall Street (they only play Bitcoin), there is almost no new capital entering the market. It is equivalent to retail investors and market makers of various exchanges betting against each other, and retail investors are long. In the past, each exchange and each market maker attracted new investors by making old investors profitable on paper. Originally, with new retail investors and new capital entering the market, the Ponzi bet could last longer. However, the environment does not allow it... The leeks have been cut bald by the power class... That is why the crypto market is so looking forward to the release of funds. The US stock market is in an environment of interest rate hikes, which is so joyful! The core reason is that there are few good things in the currency circle, and we can only play Ponzi bets. Release of funds is a sufficient condition, not a necessary condition. Good things are the conditions. It is obvious that the ETF target will fluctuate upward.
Why don't altcoins have a wealth-creating effect?

Why is Bitcoin the strongest? It's because Wall Street is buying it and because Binance is regulated. If it weren't for Wall Street, Bitcoin would have died at this time...

Most exchanges have losses, so they don't want to rise, they want to short to settle accounts.

However, Wall Street is too strong and has a lot of money. At this time, they have to sell spot and go long in futures (hedging is necessary).

But Bitcoin is hard to fall.

"The reason why the copycat market is so difficult in this round of market is that, essentially, apart from Wall Street (they only play Bitcoin), there is almost no new capital entering the market.

It is equivalent to retail investors and market makers of various exchanges betting against each other, and retail investors are long.

In the past, each exchange and each market maker attracted new investors by making old investors profitable on paper.

Originally, with new retail investors and new capital entering the market, the Ponzi bet could last longer.

However, the environment does not allow it... The leeks have been cut bald by the power class...

That is why the crypto market is so looking forward to the release of funds. The US stock market is in an environment of interest rate hikes, which is so joyful!

The core reason is that there are few good things in the currency circle, and we can only play Ponzi bets. Release of funds is a sufficient condition, not a necessary condition. Good things are the conditions. It is obvious that the ETF target will fluctuate upward.
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In today's era of investment boom, everyone is eager for the legendary story of getting rich overnight. When you see those "cryptocurrency masters" on the Internet who claim to have easily made tens of millions of yuan with only a few thousand yuan of capital, have you ever been excited and imagined that you can become the next lucky person? However, reality is often much more cruel than dreams. When you are full of expectations, you find that you are the fish that is hooked and finally slaughtered! #韭菜的心路历程
In today's era of investment boom, everyone is eager for the legendary story of getting rich overnight. When you see those "cryptocurrency masters" on the Internet who claim to have easily made tens of millions of yuan with only a few thousand yuan of capital, have you ever been excited and imagined that you can become the next lucky person? However, reality is often much more cruel than dreams. When you are full of expectations, you find that you are the fish that is hooked and finally slaughtered! #韭菜的心路历程
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