【Dora Morning Review】

A long-lost morning review, resumed today! I went traveling some time ago, and then went back to do Qingming Festival. Our Guangdong F3 Qingming Festival is a relatively large project, so I have rested until now!

😆 I have asked Taigong to bless and pull up the currency circle!

【Bitcoin】

Bitcoin was repaired yesterday, slowly touched 70,000 US dollars again and then fell again. The overall market is still relatively fragile, and the capital inflow is not strong! But there is still no need to worry about the direction. It will definitely rise, as for how much it will rise! I think everyone needs to be more realistic. The high point after the last round of halving can reach 600% of the profit. It is rare to get such a large profit margin on BTC in this round. The reasons are as follows:

🌞1. This is also the main reason. Before the halving started, the market value of $BTC had reached a historical high. The entire volume has increased, and more funds are needed to complete the high-volume doubling.

🌞2. The influx of ETF funds has pushed up the price of the currency at this stage, but it will also be a selling pressure for the next stage of the rise. This kind of old moeny will not have too long a period of investment like the believers in the currency circle. As long as the profit is considerable, they will sell their chips and form selling pressure!

🌞3. Bitcoin set a record for open contracts. All games are increasing and looking for a time point to form their "trend"

At present, the whole environment is very complicated. The crazy printing of currency and the turbulent geography are adding unstable factors to everything. But heroes can only emerge in troubled times, and I think the hero must be a currency.

[Altcoin]

Speaking of altcoins, the so-called rise and fall of altcoins depends on Ethereum. As the leader and soul of altcoins, Ethereum is indeed very weak during this period. The exchange rate of BTC/ETH has fallen below 0.05 again. This is a signal of a "weak altcoin". When Ethereum gets stronger first, there is hope that it will drive altcoins to bloom everywhere! At present, we need to wait for BTC to stabilize first (I think there is basically no big problem at this stage), and then wait for Ethereum to launch a charge, and then the altcoin will usher in a romantic moment, so wait a little longer!

We will talk about some specific coins later. At this moment, just be patient!