The market is like a zombie, with a piece of meat hanging in front of its head, tempted to keep moving forward. Pay special attention to the future, guessing that there will be ups and downs. A sharp drop, then a V-shaped new high, a sharp drop again, a rapid new high, until everyone is no longer afraid. According to the adjustment cycle, the end of next month is the standard time node. I feel that BTC is entering a trend cycle that is larger than before. Will the 4-year cycle be broken? We will know next year😂
Now BTC has entered a mid-term adjustment, which is similar to a bear market. The Shanzhai is generally above -60%, and the waiting time is long and stinky, which is not much different from the previous bear market. In the past, the market fell for a year and it was over, and it started to move. Now it has entered a big cycle, and a mid-term adjustment will take you more than half a year, which is actually not much better.
Don't chase the new high. Many times, the top characteristics of BTC are the kind of sudden rush to a new high and fall back quickly, and every time it is not good.
Time to check at the end of September. Of course, this is all guessed based on history.
Will the US stock market adjust at the previous high like before?
What is the average time for the election market to start? The last time I looked at it, it seemed to be October and November. The last time was November. Anyway, there is still some time to pull it back.
#BTC☀ #dogs #美联储何时降息? #美国CPI数据连续第4个月回落 #MtGox钱包动态 $BTC $ETH $BNB