The macroeconomic situation is like a frog in boiling water, and liquidity continues to be weak... There is no favorable policy during the Spring Festival. The simultaneous tightening of monetary and fiscal policies is the key factor for the weak market in February...🙂
If you have been following my channel, you should be lucky enough to avoid this decline or capture some profits!
The reality is that tariffs are good for crypto (a smoke screen to pay for the market drop) but fiscal austerity is not, and yet, investors always notice the noise instead of finding the cause.
Why can’t even President Trump signing a national digital asset inventory,
#WFLI continuing to buy a basket of cryptocurrencies
$ETH $AAVE , and the hype surrounding new ETFs save the decadent altcoins?
The main reason is liquidity issues. Monetary tightening coupled with fiscal spending cuts has caused market liquidity to shrink again, with insufficient funds flowing into the crypto market, let alone large amounts of token issuance.
BTC is a macro asset, and even though global liquidity has not yet recovered to its 2021 highs, ETF listings have successfully supported its price uptrend. The discount opportunity in February is that we can have a chance to reload your belief in the token. The next thing to do is to continue to observe when the pivot point of the macro shift occurs. Tax cuts? Will the Fed stop QT? Which do you think? 😊
#MarketPullback #BitcoinVsTariffs