#BTC 💥Why is Bitcoin surging? Many retail investors, often referred to as 'new韭菜', do not pay attention to these news factors, and it is essential to deeply analyze them in conjunction with technical aspects. This approach helps in effectively controlling the direction.
$BTC 💥The main reasons for the surge according to news factors are as follows:
1. The Federal Reserve has not cut interest rates: Currently, the Federal Reserve maintains a restrictive interest rate of over 4%. If rates drop below 1% in the future, funds in the crypto space will become more abundant. A decrease in inflation is a prerequisite for rate cuts, and multiple rate cuts are expected next year.
2. Regulatory frameworks are not yet clear: The regulatory framework for digital assets in the U.S. has not yet been established, making it difficult for funds to flow in on a large scale, and the inflow of stablecoins to exchanges is limited. If the U.S. passes a stablecoin regulation bill allowing banks to custody Bitcoin and promotes the tokenization of stocks and bonds, sovereign wealth funds may purchase large amounts of Bitcoin, leading BTC prices to potentially break through $200,000.
3. Funds from various states have not yet entered the market: Although New Jersey has legislated, funds will take 3 months to buy in; Texas has not yet officially passed legislation, but it is expected to start next year; legislation in other states to include BTC as a strategic reserve is also in progress.
4. From a technical perspective: 1) Divergence between price and indicators appears on the daily chart. 2) Positive news emerges at resistance levels. 3) The community's research department detects that major players are increasing their BTC holdings.
This is the main reason that has kept partners bullish on BTC and ETH. They are leveraging with high multiples, and partners are enjoying wave after wave of profits.
The market is starting to become active and develop positively, and it depends on how you grasp it, focusing on which sectors? Currently, there are: ai板块, meme板块, and 以太坊的生态, with the market changing rapidly. If you can't grasp the direction, you can follow Ju Ge.
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