#MichaelSaylor暗示增持BTC
In the past two weeks, mainstream cryptocurrencies have experienced significant fluctuations, M2 is warming up, and on-chain data is rising, indicating that we are about to enter the flood season market.
The flood season market refers to the period from April to June each year, when Bitcoin miners make a substantial profit due to cheap electricity during this time, leading to capital inflow into the market. Especially some POW altcoins start to soar, and every year sees the emergence of a few 'POW legends.' It can also be observed that the on-chain data of ETH has started to warm up as well.
Many people say that altcoins are completely finished. Is there still an altcoin season for which everyone has been waiting? Don't worry; whether mainstream or altcoins can rise depends not on the coins themselves but on the money. The fundamental reason for the rise and fall of coins is that money is losing value. We can see that the global M2 is rapidly climbing. The last time this happened was in the middle of last year, and we also thank the contributions of the U.S. Federal Reserve, which forced countries to open the taps, signaling that a speculative wave is coming.
It is worth noting that Bitcoin is currently at a key point of the 120-day bull-bear line. During the periods around the bull-bear line, we have seen the emergence of the 312 event in 2020, the DeFi wave in 2021, and the inscription wave in 2024. It seems that there are many opportunities in the circle, but in reality, it only takes a few weeks to complete a year’s worth of market activity. It is about to come, so pay attention to market fluctuations.