Bitcoin worth 50,000 US dollars and Ethereum worth 3,000 gold. Is there still a chance to buy them in this bull market?
The CPI data released the day before yesterday was lower than expected, which increased the possibility that the Federal Reserve would keep interest rates unchanged in June. Some analysts believe that this means that the possibility of the Federal Reserve cutting interest rates has increased. Interest rate futures data show that the market expects the Federal Reserve to cut interest rates before September, with a probability of 70%, and a 100% chance of cutting interest rates by November.
This reversal of expectations is not uncommon. Historical experience tells us that it is often difficult for people to learn from past lessons. When the market trend deviates from expectations, there will always be some investors who blindly chase ups and downs and listen to the news and suffer losses. They often slow down when the market changes, buy high and sell low, and eventually lose all their money.
The biggest trap of investment is to rely too much on external information and become a passive "leek". In fact, the rise and fall of the market is often deliberately guided by the main funds. They often create some "confusion" on the news to cover their own operations. Therefore, investors should not be too obsessed with the news, but should take the initiative to judge the market trend and seize the initiative.
At present, many people are still fantasizing about the opportunity of a big drop, waiting to buy Bitcoin worth 50,000 US dollars, Ethereum worth 3,000 US dollars and other currencies. But in fact, these good opportunities have been missed in 2022 and 2023. Cherish the present and pave the way for the future. Don't wait for the Federal Reserve to announce a rate cut. The value potential of this bull market has exploded. When others get the harvest, I regret that I didn't understand the market earlier. When it was time to change positions, I chose to remain silent.