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No matter how high BTC rises,
There will definitely be a significant drop starting with 7.
No matter how high BTC rises this time, the final result will always drop to around the 7 range, whether BTC rises to 89600, 92000, or even 94000, it cannot escape the fate of a major drop. Why?
1. It is still not the right time for a big surge; whether it be sentiment, capital, or news, none of it is in place. For BTC to surge, it must coincide with the Federal Reserve's interest rate cuts, and the Federal Reserve has not yet made a clear stance. The current rise is merely a significant rebound, not a reversal.
2. From 100,000 to 70,000, there are too many trapped positions above, and without the Federal Reserve cutting interest rates, there is no influx of capital. The liquidity in the market has not changed, and the existing funds and retail investors cannot support a rise to 100,000. The main players cannot just eat up all the trapped positions in one go, and then become a trap themselves, helping retail investors break even. #US stocks decline
3. Before a big surge, retail investors must be severely punished; otherwise, the weight of the market is too heavy to lift. Therefore, there will definitely be a drop that exceeds your cognitive range, and there will certainly be a deep spike. BTC cannot move without a significant drop and spike. #Cryptocurrency market rebound
So don't chase the spot; there will be another opportunity for a significant drop. This opportunity may even break 70,000, and altcoins may hit new lows. Old He, trading cryptocurrencies to support his family, can also participate in the construction of Trump's hero dog Conan and hold a position in collaboration with multiple institutions. Everyone should get in on the soon-to-soar Conan?
